Non-competition for a member of the management board of a Limited Liability Company
Pułka & Partnerzy
16 August 2021

In accordance with Art. 211 of the Commercial Companies Code:

A member of the management board of Limited Liability Company may not, with-out the company’s consent, engage in competitive business or participate in competitive entities as a partner in a partnership or a civil law partnership, or a member of the authorities of a company, or participate in any competitive legal person as a member of its authorities. The above prohibition shall also apply to participation in a competitive company if a member of the management board holds at least 10 per cent of shares in such company or the right to appoint at least one member of the management board.

Unless the articles of association provide otherwise, the consent shall be granted by the authority which has the power to appoint the management board.

More in this category

AI Literacy

AI Literacy

We would like to remind you that the obligation to ensure AI Literacy, provided for in Article 4 of the “AI Regulation”, entered into force on 02.02.2025.How to understand the AI Literacy? Pursuant to Article 3(56) of the AI Regulation:  AI Literacy means skills,...

PKD 2025, an important change for entrepreneurs

PKD 2025, an important change for entrepreneurs

On 1.01.2025, the new Polish Classification of Activities (referred to as 'PKD 2025'), which will replace the PKD 2007 classification, came into force.PKD 2025 has been adapted to changes made to the Statistical Classification of Economic Activities in the European...

Ta strona używa cookie. Korzystając ze strony wyrażasz zgodę na to, zgodnie z aktualnymi ustawieniami przeglądarki. Więcej informacji

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close