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Useful articles

The representative office of a foreign entrepreneur

A foreign entrepreneur may establish on the territory of Poland a representative office. Representation by law is dependent and subordinated in all range of its activities the organizational unit which operates exclusively in the field of advertising and promotion on behalf of and in favour of the foreign entrepreneur.

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VAT registration. What You need to know?

Recent amendments to the VAT Law, introduce significant innovations, if we are talking about VAT registration after 1 January 2017.

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Simple, qualified and absolute majority in voting in companies

General meeting of founders is the governing body of a limited liability company, although sometimes this name is used as an meeting of shareholders that is an invalid version. General meeting of founders - as the name implies - describes the views of the associates and, therefore, the people who contributed to the capital of the company contributions. So nothing unexpected, this body performs the important decisions in the company. Partners implement decisions relating to activities of the company through resolutions passed at the shareholders ' meeting (art. 227 § 1 of the code of commercial companies). The General meeting of participants is significant, regardless of the number of represented shares (article 241 of the code). The meeting shall be taken of their shares. As a rule, the founder has as many votes as has a share (except for shares with different nominal values and preference shares). According to the terminology of the legal votes are votes "pros", "cons" or "abstained", filed in the course of voting in accordance with the law or contract of the society (article 4 § 1 n. 9 code).

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The new rules of the VAT refund

Since the calculations from January 2017 were changed the rules of VAT refund, in accelerated terms, within 25 days. In addition, the tax authorities have the possibility of verification of the taxpayer's counterparties. And the head of tax authority, since the changes needs to extend the repayment period at the request of other bodies, for example, the anti-corruption Bureau or the Security Department of Poland.

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Suspension of activities of a limited liability company

On the basis of article 14 of the law on freedom of economic activity entrepreneur without hired workers, may suspend the entrepreneurial activity for a term from 1 month to 24 months. This provision also applies to limited liability companies. The period of suspension the activities of a limited liability company begins on the date specified in the application for entry on the termination of entrepreneurial activities, but not earlier than from the date of submission of the application. During the period of suspension of activities cannot execute the activity.

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