The Sejm was submitted a bill amending the Accounting Act and certain other acts, which, among others, provides for modification of provisions relating to the principles of signing of financial statements.
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KPMG Global Legal Department Benchmarking Survey report
We are pleased to announce the results of KPMG Global Legal Department Benchmarking survey.
The fourth group of entities obliged to implement ECP has less than a month to conclude the ECPs management agreement with a financial institution
We would like to remind you that the entities in the 4th stage of ECP implementation have less than one month left to conclude the ECPs management agreement with a financial institution.
From 1 January 2021, the fourth group of entities has been obliged to implement employee capital plans
Entities which employ less than 20 employees (the so-called other employing entities) and public finance sector entities (regardless of the state of employment) since 1 January 2021, the Employee Capital Plans Act of 4 October 2018 (the “Employee Capital Plans Act”) applies also to them.
New rules on transfers of personal data to non-EEA countries
Based on the judgment of 16 July 2020 (Case C-311/18, hereinafter: the Judgment), the Court of Justice of the European Union (CJEU) invalidated the Privacy Shield framework, i.e. Commission Implementing Decision (EU)
Only one month left to conclude the ECPs management agreement with a financial institution
We would like to remind you that the entities in the 2nd and 3rd stage of ECP implementation must conclude the ECPs management agreement with a financial institution within the coming month.
Upcoming changes in posting of workers
In order to ensure compliance with the provisions of the Act of 10 June 2016 on Posting of Workers in the Framework of the Provision of Services with the Directive of the European Parliament and of the Council (EU) 2018/957
The deadline for reporting the beneficial owner expires today
Companies registered in the National Business Register before 13 October 2019 must register their beneficial owner with the Central Register of Beneficial Owner (the “CRBO”) today.
Five days left to register the beneficial owner with the CRBO
Companies registered in the National Business Register before 13 October 2019 have only five days to register their beneficial owner with the Central Register of Beneficial Owner (the “CRBO”).
From Wednesday, 1 July 2020, the third group of entities obliged to implement employee capital plans
Entities which employ at least 20 employees must remember that from today, 1 July 2020, the Employee Capital Plans Act of 4 October 2018 (the “Employee Capital Plans Act”) applies also to them.
Anti-Crisis Shield 4.0: vital changes in public procurement
The so-called “4.0 Shield” bill, which provides for, among other things, significant changes in the Public Procurement Law, was submitted to the Sejm.
New rules for operation of shopping centres
As announced by the Prime Minister on 29 April 2020, on 4 May 2020, retail and service premises were reopened in commercial facilities with an area of over 2,000 m2
Deadline for filing a petition in bankruptcy and the so-called Anti-Crisis Shield 2.0
Released was (for the time being – unofficially) a governmental bill amending the Act on Extraordinary Measures for Preventing, Counteracting and Combating COVID-19, other Infectious Diseases and Emergencies Caused by Them and Certain Other Acts (the so-called “Anti-Crisis Shield 2.0”).
AmCham Quarterly: Retail sector during the pandemic
Magdalena Bęza and Przemysław Kamil Rosiak write about how the government’s trade ban may impact relations between landlords and tenants in retail points.
Follow the link below to view the publication.
AmCham.pl Quarterly 2/2020, part 9
Anti-Crisis Shield 2.0 and the Labour Law
On 17 April 2020, the President of the Republic of Poland signed the Act on Special Support Instruments in Connection with the Spread of the SARS-CoV-2 virus (the so-called Anti-Crisis Shield 2.0).
Employee wage subsidy – legal services package for entrepreneurs
On 1 April 2020, majority of provisions of the Act Amending the Act on Extraordinary Measures for Preventing, Counteracting and Combating COVID-19, Other Infectious Diseases and Emergencies Caused by Them and Certain Other Acts (hereinafter: the “Act”) entered into force.
Mandatory dematerialization of shares and the anti-crisis shield
On 31 March 2020, the Act of 31 March 2020 amending the Act on Extraordinary Measures for Preventing, Counteracting and Combating COVID-19, Other Infectious Diseases and Emergencies Caused by Them and Certain Other Acts as part of the so-called anti-crisis shield was promulgated in the Journal of Laws.
Anti-Crisis Shield to counteract COVID-19 pandemic – support for entrepreneurs
In order to mitigate the negative effects of the COVID-19 pandemic on entrepreneurs, the Polish government developed the so-called Anti-Crisis Shield (previously known as the “shield package”).
Lease during the pandemic – special new legal solutions
Shopping malls and the entire retail sector are suffering huge losses due to COVID-19 pandemic. Since mid-March 2020, only some shops may operate in facilities above 2,000 square meters, including e.g. food, home-improvement and construction stores, and pharmacies. Catering and entertainment facilities have been closed also outside shopping malls.
Coronavirus and contracts governed by foreign laws
The impact of COVID-19 pandemic on the ability to meet contractual obligations is likely to affect every company.