In Polish Liability of board members of a limited liability company in Poland The members of the management board of a limited liability company may be liable for the obligations of the company under article 299 of the Code of Commercial Companies. This liability is subsidiary. This means that a board member can be held…
For Polish Why a limited liability company? The limited liability company is the most popular form of conducting business in Poland. This is hardly surprising. This business form allows for the limitation of the entrepreneur’s financial liability (the partner is not liable with his/her private assets), can be established with a low financial outlay (the…
As early as 1 January 2025, the minimum wage in Poland will increase to PLN 4666 gross. This is an increase of PLN 366 compared to the minimum wage in 2024. Thus, the minimum hourly rate will also increase, which from 1 January 2025 will amount to PLN 30.50 gross, i.e. it will increase by…
The proposal for a four-day workweek is gaining attention in many countries around the world. The idea has both many supporters and staunch opponents. Nevertheless, more and more companies are beginning to see the potential benefits of a shorter workweek. Among other things, there is talk of increased employee productivity and better work-life balance –…
Does the reason for termination without notice have to be precise? The latest ruling of the Supreme Court Any decision to terminate a contract without notice can have serious consequences, both for the employer and the employee. However, the latest ruling of the Supreme Court (II PSK 103/23) is a step towards an interpretation favorable…
In August 2023, regulations on the posting of drivers in road transport came into force, which were supposed to bring the standards of the Polish transport market, in line with EU conditions through the implementation of Directive (EU) 2020/1057 of the European Parliament and the Council of July 15, 2020. While these regulations were supposed…
On June 20, 2024, the Court of Justice of the European Union (CJEU) considered a preliminary ruling request from the District Court of The Hague (rechtbank Den Haag) in a case (C-540/22) on the compatibility of Dutch legislation with the freedom to provide services in the EU. The case concerned the need for an additional…
Did you fail to file your tax return on time? Or did you hide the true extent of your business activities from the tax authorities? Have you forgotten to pay your taxes on time? Unfortunately, for various reasons, such as forgetfulness, lack of knowledge or simple error, tax obligations are often not fulfilled on time…
I already know that from 1 January 2025 entrepreneurs will pay higher social insurance contributions. At the end of August this year, the government adopted assumptions for the draft state budget for 2025, in which the projected average salary is PLN 8673. This amount will be used as the basis for calculating ZUS contributions for…
Every entrepreneur sooner or later asks himself what expenses he can count as deductible. This topic is quite controversial and inexperienced entrepreneurs often do not know how to deal with this problem and how not to make any mistakes. When an entrepreneur reaches for his or her wallet to pay for coffee and biscuits for…