Useful articles

 The authorization procedure for the provision of payment services ends with an administrative decision about permit or refusing the provision of services. Permit to provide payment services as a national institution payment can be issued to the company:

 A national payment institution is an organization that provides payment services through а license. To obtain permission from the Polish Financial Supervision Commission (FSC) to conduct activities, the payment institution shall submit the documents in accordance with the following list:

 It is common practice to issue an invoice with a deferred payment date. However, clients sometimes fail to fulfill contracts and it happens that they don’t pay on time for the service provided. In this article, we explain what you can do if your client hasn’t paid for the overdue invoice.

 Shares in a limited liability company may be redeemed. The redemption of shares is regulated by the provisions of Art. 199 of the Commercial Companies Code. In practice, the redemption of shares is accompanied by a reduction in the company's share capital. The redemption takes place upon registration of the share capital reduction in the registry court.

 According to the Commercial Companies Code, a merger can be done in two ways. The first method is a consolidation by way of acquisition, that is, the acquired company transfers all its property to another company (acquiring), in exchange for shares that the acquiring company issues to the partners of the acquired company. The second option is a merger by creating a new business entity, to which the property of all merging companies is transferred for shares of the newly founded companies. A business company (limited liability company) can merge with each other and with partnerships (general partnership, limited partnership), however, the partnership cannot be an acquiring or a new company.