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06.09.2010     
More simplifications for companies
With the beginning of 2009 Polish “Commercial Companies Code” having a business in Poland has changed in a few regards. Starting from 8th of January 2009 managers will find their life easier.

Some of the modifications are as follows:

- the amount of share capital has been reduced: from 50 000PLN to 5000PLN (for limited liability companies) and from 500 000PLN to 100 000PLN (for joint-stock companies).

- professional partnership treaty will no longer has to be stated as a notarial deed. A simple written form will do.

- in terms of placing a declarations of will similar comes for capital companies. From now on, if a sole share holder states a declaration that surpasses, what is known as an “ordinary activities”, a written document (no notarial deed) will be required.

Similarily important are this year's changes in the Act on Freedom of Economic Activity. The one-desk-company-registration has finally arrived. No longer does the entrepreneur have to visit a few different Offices and place few payments. Starting from April 2009, if you want to establish a start-up, depending on its form, you’ll have to visit either National Court Register or your Commune Office to submit a registration form.
Let’s be realistic: even if there’s only one desk to visit you still will have to invest your time. Nobody says that one-desk-registration will work smoothly straight away. But it is a big step forward. The step that we’ve been all looking for.

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