On 22 May 2023, the Family Foundation Act came into force. The aim of the new law is to protect family assets, minimise the consequences of a failed succession and guarantee the continuation of business activities in the form of a family foundation. The transfer of the assets through the instruments provided by the law…
Changes on the economic market, deterioration of the financial situation or new investments often force a limited liability company to raise additional funds. The Polish Commercial Companies Code provides such a possibility in the form of additional contributions from the shareholders. This is an instrument beneficial to the company in a situation where it does…
On 10 July this year, the Council of Ministers adopted a draft law amending certain laws to improve the legal and institutional environment for entrepreneurs. The amendment was prepared by the Ministry of Development and Technology. The proposed amendment went to legislative work in the parliament on 19.07.2023. According to plans, the amendment will be…