Central Register of Beneficial Owners (CRBO) is an electronic register made in order to gather data concerning natural persons who are ultimate beneficial owners of a company or a partnership. Its main purpose is to deter money loundering and financing terrorism. In order to gain access to the register or to apply for the register, you have to visit the website: https://crbr.podatki.gov.pl/adcrbr/#/.
read moreNot everyone knows that Polish system differentiates between contractual warranty and statutory warranty. They are two diverse instruments, yet used in relatively similar situations. Even less people are aware of the exact differences between them. What are the differences and what are the similarities between contractual and statutory warranty?
read moreRunning a business is often connected with concluding B2B agreements. This phrase can be seen on numerous occasions, but is always tied to the entrepreneur – which can run their business in the form of a sole tradership, a partnership or a company. What is hiding under B2B then?
read moreSimplified 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 more