As a result of last substantial amendment of the Polish Civil Proceedings Code, a separate proceedings for commercial cases has been restored. In my opinion, one of the most important changes is that a first instance judgment in cases regarding…
On January 1st, 2020, except for Article 11 which came into force on December 31st, 2019, the Act of July 19th, 2019, on Change of Some Acts to Combat Excessive Payment Delays (“Act”) came into force. The Act amended many…
The government continuously is fighting against payment gridlocks between entrepreneurs. Because of that, since January 1st, 2020, the Act on Payments Terms in Commercial Transactions changed name for “Act on Combating Excessive Delays in Commercial Transactions”. Not only the name…
On January 1st, 2020, a substantial change to the Good and Services Tax Act came into force. Currently an invoice to a receipt may be issued only if on the receipt is placed Tax Identification Number of the purchaser. Until…
In last days of July the lower house of the Polish parliament enacted the Act on Change of Some Acts in Order to Limit Regulatory Burdens, i.e. Friendly State Package. Next the act went through the higher chamber of the…
Since the beginning of 2018 in Poland exists the “Register of entities introducing products, products in packaging and managing waste”, in Poland commonly known as the “BDO Register”. The register is a part of the “Database of products, packaging and…
From time to time our clients or acquaintances ask me whether there is an obligation to have business bank account. On one hand no one is able to point out the provision introducing such obligation, but on the other hand…
Split payment was introduced on July 1st, 2018. Currently it is fully for volunteers. From November 1st, 2019, the majority of entrepreneurs will still have choice. However, in some cases split payment will be obligatory. Transactions for Which Split Payment…
Accessibility of information regarding entrepreneurs (including companies) is very important for certainty in business transactions. Before the transaction, everyone should have the possibility to check basic information about the contracting party. It helps to take decision about concluding agreement and…
A lot of entrepreneurs, while starting up, indicate their place of residence as the official seat of their business. Thanks to that, they do not have to bear the additional costs of premises rental, and may charge the expenses related…