Remuneration of a management board member based on the resolution

The remuneration of a member of the management board on the basis of a resolution of the shareholders’ meeting is one of the ways in which money is paid out of a limited liability company. Due to the absence of the burden of social security contributions, the remuneration of a board member in a company …

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Registration in the court register

The National Court Register is public and everyone has the right to access the data contained in the register via the KRS central information. Everyone can obtain, including electronically, certified copies, extracts, certificates and information from the register. The law provides for the possibility, and in certain circumstances the obligation, to make notifications to the …

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Representation of a partnership company

A partnership is a partnership formed by partners (partners) for the purpose of practising a liberal profession in a company operating a business under its own name. The partners in the partnership may only be natural persons entitled to practise liberal professions, such as: ● lawyer,● architect● expert auditor,● insurance broker,● tax advisor,● stockbroker,● investment …

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Transformation of a sole proprietorship into a company – what does the process look like?

Transformation of a sole proprietorship into a company. The economic situation and the development of businesses often require the transformation of sole proprietorships into commercial law companies. Such a transformation does not create a new entity but merely changes the legal form of the existing entrepreneur. What happens to the profit earned by the entrepreneur …

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Criminal record requirements for management board members, supervisory board members and commercial proxies in Poland

In conducting business in Poland, there are numerous requirements and regulations that determine who can hold key positions in a company. One important criterion is the requirement of no criminal record. What offences disqualify a person from applying for the position of management board member, supervisory board member or commercial proxy? The aforementioned functions cannot …

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