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Limited liability company shall be taxable according to the rules defined in the law on profit tax. The law defines the model of double taxation of income allocated from the LLC. The income of the company is subject to income tax from legal entities, as well as the tax of dividends paid to shareholders. The same is subject to tax solely the limited liability company where the sole owner (shareholder) is a natural person.
The resolution of share capital increase (without changing the LLC agreement) can be adopted by an absolute majority of votes, although there are exceptions to this rule.
If the agreement of the limited liability company does not contain provisions defining the maximum size and duration of the increase of the share capital, increasing of share capital can occur only through changes to this company's agreement. Such a change must be adopted by a majority of the founders of two-thirds of the votes.
If declaration was not:
– submitted on official letterhead
– properly prepared
or it was incorrectly filled
it returns without warning of deficiencies (article 19 paragraph 3 of the code of KRS). In case of return of the first record in the registry by state, it can be resubmitted within 7 days from the date of delivery of the decision to return
An increasingly popular form of business becomes a limited liability company limited partnership (sp. z o. o. sp. k.), where a General partner is a limited liability company, and limited individual entity is the representative of this company or other natural person. According to the code of representation of the limited liability limited partnership is only available to full companion. If the Charter does not contain any conclusions, the limited partner shall have no obligation to conduct the Affairs of the company LLC LP.