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23 March 2021

Internet Stores Have to Apply for Entering into BDO Register

According to the Act on Waste, almost every, even the, smallest internet store in Poland, is obliged to apply to the Register of entities introducing products, products in packaging and managing waste (BDO Register). Article of that Act stipulates that…

9 December 2020

Obligation to Place BDO Number on Documents

Pursuant to Article 63 of the Act on Waste, some entrepreneurs being subject to entry to the "Register of entities introducing products, products in packaging and managing waste" (hereinafter referred to as the "BDO Register"), are obliged to place their…

25 July 2020

Statute of Limitations of Interest for Delay

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…

6 June 2020

Amendments to the Act on Loan Redemption for Micro-Enterprises

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…

16 May 2020

Financial Shield for Small and Medium Entrepreneurs

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…

2 May 2020

Financial Shield for Micro-Entrepreneurs

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…

7 November 2019

Is Entrepreneur Obliged to Have Bank Account?

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…

31 October 2019

Central Register of Beneficial Owners

On October 13th, 2019, came into force the provisions of the Act on Combating Money Laundering and the Financing of the Terrorism (hereinafter referred to as “the Act”), introducing the Central Register of Beneficial Owners (hereinafter referred to as “the…

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