Simplified joint-stock company (prosta spółka akcyjna) is a new type of a Polish company which will start to operate after 1st July 2021, among limited liability company (spółka z o.o.) and joint-stock company (spółka akcyjna). In theory, simplified joint-stock company was created for young businesses and start-ups.
read moreIn the context of companies and partnerships, phrase “commercial proxy” is commonly present. You can expect that such a commercial proxy is a major figure from the sole fact that companies and partnerships disclose such commercial proxy in National Court Registry. So what exactly is a commercial proxy?
read moreMember of the Management Board can provide his management services for the company free of charge. However, he also might receive remuneration. There are many ways of remunerating the members, but every each of them is connected with different responsibilities.
read morePolish business entities are differentiated between those that base on non-material assets such as personal involvement (partnerships) and those in which capital plays a greater role (companies).
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