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Useful articles

Prohibited objects of activity in the limited liability company

 In accordance with the Polish law, the Articles of association of a limited liability company must include the codes of activity of the company. In Poland, the subject of activity is determined by codes from the Polish Classification of Activities (abbreviated PKD) that describe the type conducted business the best. However, there are some categories of PKD, which cannot be provided by limited liability company.

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Taxation of participants of the limited partnership

 The limited partnership is one of partnerships, which is recently also popular among entrepreneurs. In this regard, tax opportunities of this type of organization should be analyzed the.

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The responsibility for the failure of financial reporting in the limited liability company

 The responsibility of submitting the annual financial statements, a copy of the resolution or provision on approval of annual financial statements and resolutions concerning the profit division or looses coverage to the National Court Register lies on the Company’s Management Board of the limited liability company within 15 days of approval of the Company’s financial statements. Annual financial reports shall be approved 6 months from the balance sheet date. Then, if in the company's financial year corresponds to the calendar year, the approval of the financial report should take place by the end of June and the last day of its submitting to the National Court Register - July 15. 

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Loan Agreement

Giving the loan agrees to transfer the property of receiving a certain amount designated in the form of money or objects, and receiving back the same amount of money or the same quantity of things of the same kind and quality.

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Remote employment of foreigners in Poland

Employment of a foreigner in the territory of the Republic of Poland is regulated by the law on the promotion of employment and labour market institutions. When appointing a subject to the category of foreigners, the region or country in which the future employee has citizenship does not matter.

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