Changes in croudfunding in Poland.

The amount of money that companies can get from online rebates will increase by as much as 10 times.

At the beginning of the second quarter of next year, regulations may come into force that will remove the current limit of 100,000 euros, which companies could have received under the so-called equity crowdfunding, meaning the sale of shares, for example to Internet users.

It is an increasingly popular way to attract investors and one of the drives of the startups market in Great Britain. In Poland, however, is still crawling.

The Ministry of Finance wants to change it. The impulse for startups of the Ministry of Finance is preparing regulations that will increase the current limit, and this is tenfold – up to 1 million euros. This means that companies will be able to sell their shares to such an amount without the obligation to initiate time-consuming and complicated procedures in the Polish Financial Supervision Authority (PFSA). The changes are the result of EU regulations which Member States have to implement by February 2019.