Worth to know
How to write down the company’s registered office address correctly
With help comes the following published by Poczta Polska S.A. Regulations for the provision of Universal Services as of 2018, which in § 6 provides that: 3) The data identifying the sender and the addressee and their addresses placed on the mail shall be placed in the...
European Funds for a Modern Economy (FENG) in the context of the development of Polish innovations – the SMART Path tool
The so-called “SMART Path” financed by the European Funds for a Modern Economy 2021-2027.Under one application, an enterprise can obtain support for the entire project, which will consist of the so-called modules. In this case, it places great emphasis on research and...
Whistleblower protection – another draft
On 06.03.2024, another draft act aimed at implementing the EU Whistleblower Protection Directive, i.e. the Directive (EU) 2019/1937 of the European Parliament and of the Council of 23.10.2019 on the protection of persons who report breaches of Union law, appeared on...
Posting a notification update in the Central Register of Beneficiaries (CRBR)
What you need to do to post a notification update to the Central Register of Beneficial Beneficiaries (CRBR): Go to https://crbr.podatki.gov.pl/adcrbr and in the Upload notification section click on the Upload from XML file The file must be prepared in advance. Upload...
ESG – what should we know?
Recall that the non-financial reporting obligation addresses the impact of the organisation in four key areas: environment, society, human rights and corporate governance.Polish companies are facing significant changes as a result of the entry into force, as of...
Postponement of the deadline for the implementation of the mandatory national e-invoice system
When will the new implementation date be known? On 19.01.2024 the Minister of Finance announced that the KSeF system will not be implemented in 2024. As the reasons for his decision, the Minister of Finance pointed to errors detected in the operation of KSeF. Let us...
The national e-invoice system will become mandatory from july 1, 2024
On August 4, 2023, the President signed the Act of June 16, 2023 amending the Act on Goods and Services Tax and certain other acts, which provides for the mandatory National e-Invoice System (hereinafter referred to as "KSeF").Now the act is just waiting for...
Every company cooperating with German contractors must know about this (German supply chain control law will also affect Polish companies)
From January 1, 2023, the Supply Chain Due Diligence Act (German: Lieferkettensorgfaltspflichtengesetz – LkSG) is in force in Germany.LkSG is a new regulation in the German legal system. This Act requires companies falling within its scope to examine their supply...
Whistleblower protection coming soon
The Polish legislator is finally, after a three-year delay, finalizing work on the implementation of Directive (EU) 2019/1937 of the European Parliament and of the Council of October 23, 2019 on the protection of persons who report breaches of Union law (hereinafter...
Review of documents after the 2023 amendment to the Labor Code
In 2023, two amendments to the Labor Code entered into force. The first one introduced remote work to the Labor Code as well as the provisions – long awaited by employers – enabling them to control the sobriety of employees. And the second one - implementing two EU...
Withholding tax
According to article 26 section 1 of Polish act on corporate income tax, Polish entities making payments for: interest, copyright or related rights, rights to inventive designs, trademarks or ornamental designs, including from the sale of those rights, from...
The form of the Share Purchase Agreement
First of all, pursuant to the art. 180 of the Polish Commercial Companies Code, the sale of the shares of a Polish limited liability company shall be made in a written form with notarized signatures. Since the transaction is made in a form of the contract of sale, it...
The conclusion of a preliminary agreement does not require the consent of the partners
For the purchase of real estate by a limited liability company the consent of the shareholders' meeting is required (unless the articles of association provide otherwise). Often, before purchasing, for example, a plot of land, a preliminary agreement is concluded. Is...
A guarantee of payment
Issues related to a guarantee of payment are regulated in Articles Art. 6493-6494 of the Act of 23 April 1964 - the Civil Code. The contractor (the general contractor) of the construction works may at any time demand from the investor a guarantee of payment to an...
Companies need to know not only the content of VOBs, but also the risks associated with their use
In Germany, when discussing the subject of construction works in German law, the VOB (Vergabe – und Vertragsordung für Bauleistungen) cannot be omitted.VOB are neither a regulation nor a law, but are general terms and conditions. They combine legal regulations and...
Family foundations also in Poland
So far, Polish entrepreneurs have been transferring their assets to foreign foundations. The purpose of the new regulations is to comprehensively strengthen the legal tools for conducting succession processes by adding to the Polish legal system an institution for...
Copies of residency certificates are finally acceptable
In accordance with art. 26 sec. 1n of the Act on Corporate Income Tax (in the legal status applicable from January 1, 2022), the place of the taxpayer’s registered office for tax purposes may be confirmed by a copy of the residence certificate, if the information...
Withholding Tax Changes
On August 31, 2022, the Regulation of the Minister of Finance of August 29, 2022 on the extension of certain deadlines for the performance of obligations by payers in the field of flat-rate income tax entered into force.According to the mentioned ordinance: the period...