Project for strengthening surveillance in capital companies.
In accordance with the proposed changes contained in the project of the Act amending the Act – the Code of Commercial Companies and certain other acts, new regulations are going to be introduced in capital companies with the view to strengthen surveillance in capital companies. The proposed changes should increase the efficiency of corporate supervision […]
New act on the registration of yachts and other vessels up to 24m in length.
On 1st August 2020, the Act of 12th April 2018 on the registration of yachts and other vessels up to 24m in length (hereinafter: the “Act“) entered into force. The Act defines the obligation for registration for each yacht or vessel used for amateur fishing (which is at least 7.5m long or mechanically propelled with […]
Deadline for submitting information to the Central Register of Real Beneficiaries
Entrepreneurs conducting business activities in the form of commercial companies should submit information about any natural persons exercising direct or indirect control over their company to the Central Register of Real Beneficiaries before 13 July 2020. Foreign companies operating in Poland as branches of parent companies are exempt from this registration, whereas companies undergoing liquidation […]
Changes in VAT which came into force on 1st July 2020
The amendments, which were specified in the Act of 9th August 2019 concerning amending the Act on Value Added Tax (VAT) as well as certain other acts came into force on 1st July 2020. The amendments introduced a new scope for the application of the reduced VAT rates of 8% and 5%, as well as […]
A new petty offense in the Code of Petty Offenses in connection with the propagation of the COVID-19 virus
A new article – Article 65a of the Code of Petty Offenses – was introduced under Article 2 of the “Act on the modification of the Act on specific solutions related to the prevention, counteraction, and combating of COVID-19 and other infectious diseases, and the crisis situations caused by them and other Acts” of 31st […]
Exclusion of carriers’ liability for damage caused in connection with the public authorities’ justified actions
As a result of epidemic situation existing in the territory of the Republic of Poland, Article 14 paragraph 1 has been introduced into the “Act on specific solutions related to the prevention, counteraction and combating of COVID-19 and other infectious diseases and crisis situations caused by them” of 2nd of March 2020. This article states […]
The amendment to the Polish Commercial Companies Code resulting from the impact of the COVID-19 epidemic on corporate governance
At this time of the epidemic’s impact on entrepreneurs’ economic situations and the noticeable stagnation on the economic market, as well as the legal solutions which were introduced in connection to this epidemic (which are now being widely discussed in the media and press articles), it is worthwhile giving some attention to the situation concerning […]
The inland shipping sector in the face of the SARS-CoV-2 epidemic
In conjunction with the introduction of the epidemic status in the territory of the Republic of Poland, and the periodic border control which is related to this epidemic status, the Ministry of Maritime Economy and Inland Shipping has undertaken actions to minimise the occurrence of any possible negative effects on the inland navigation industry. The […]