Interest are of accessory nature to principal performance. It means that, as a general rule, interest expire no later than the principal performance. For example, if a claim for price payment expires (in the event of business activity the statue…
According to Article 554 of the Polish Civil Code, claims based on sale made within the scope of operations of the seller’s enterprise become barred by the statute of limitations after two years. However, in some cases, the statute of…
In the latest draft Anti-Crisis Act 4.0, the government proposes to introduce, among others, changes regarding the settlement of loans granted to micro-enterprises. Pursuant to the act currently in force, a micro-enterprise may submit to the poviat labor authority an…
On May 15, 2020, the President of the Republic of Poland signed the Act of May 14, 2020 amending some laws on the matters of shielding activities due to the spread of the SARS-CoV-2 virus. The Act entered into force…
The introduction of the state of the epidemic in Poland coincided with the moment when the majority of entities keeping accounts in accordance with the provisions of, among others, the Accounting Act should draw up, approve, make available, and submit…
In one of the previous posts I presented the principles of getting help within the financial shield by micro-entrepreneurs. Today I would like to concentrate on small and medium entrepreneurs. They also can file application for low-interest subsidy. Over 50…
On April 30th, 2020, thhe Parliament adopted a draft Anti-Crisis Act 3.0, which is an amendment to the provisions of the law currently in force. The draft contains further provisions on the obligation to pay social security contributions (we have…
You can already apply for low-interest loans for micro, small and medium entrepreneurs, within the program conducted by the Polish Development Fund. In today’s post, I explain what help can be received by micro-entrepreneurs – 25 bln PLN is dedicated…
Until a few weeks ago, nobody expected the coronavirus to have such an impact on the life of every citizen. Today we no longer have any illusions, the economic, and health situation is less than a desirable and visions for…
The situation of entrepreneurs in Poland caused by the coronavirus is getting tougher. For more than one week, due to the government’s decision, the majority of shops, restaurants and service points remain closed. As a result, turn-over of many entrepreneurs…