corporate

Changes to rules on participation of foreign undertakings in trade in Poland

A new law that comes into force on 30 April 2018 combines two acts regulating the operations of foreign businesses in Poland into one, and at the same time makes certain changes.

Is a contract valid if the content does not correspond to a company’s scope of business?

The consequences of a transaction falling outside the scope of business specified in the articles of association.

Important changes affecting companies registered in Poland

On 15 March 2018, the Act of 26 January 2018 amending the National Court Register Act and certain other acts came into force. Some of its provisions will come into force subsequently successively up until 1 March 2020.

The long and winding road to lawful distribution of dividends

The process leading up to payment of dividends by a company, although highly formalised, is familiar to the players and should not present great difficulties. But it nonetheless requires vigilance, because failure to comply with the statutory requirements can have serious consequences, particularly as it is easy to fall afoul of the changing regulations.

How to build an anticorruption compliance programme in an enterprise

Introducing and applying internal procedures for combating corruption is becoming a legal obligation for businesses. The regulations identify the necessary elements of compliance programmes but do not propose specific solutions. Recommendations and best practice can fill the gap.