Tag: Limited liability company in Poland

29
Aug

Cryptocurrencies are sharply cheaper, bitcoin down 9 percent

Odds of most popular cryptocurrencies resemble stairs from August 28. In half an hour on Wednesday evening bitcoin became cheaper by $ 600. The next two smaller stairs appeared in the next 12 hours.

Over the past 24 hours, the most important cryptocurrencies have seen a major discount. The bitcoin exchange rate fell by 9% during this time, and for one BTC on August 29 at 10 it was necessary to pay around 36.4 thousand PLN.

Similar trends can be observed for the other most popular cryptoactivities. Everywhere on the charts is clearly visible the quick sell-off, which took place around 8pm on Wednesday, 28 August. Ethereum got cheaper by more than 12 percent during the day, bitcoin cash by 10 percent, and litecoin by 12 percent. Slightly less lost XRP token used in the Ripple system – 8%.

05
Aug

How to end your business in Poland?

If we come to the conclusion that there is no point in continuing to do business, then liquidation proceedings should be carried out. The shareholders’ meeting takes place at the notary public, where the decision is made to dissolve the company and appoint its liquidator.
The liquidator of the company may be someone from the company’s former management board or any person indicated by the management board. It is safer to employ people with knowledge of the liquidation proceedings.

The conditions for bankruptcy law are already crucial in the liquidation process. It may turn out that after opening the liquidation process of the company, it turns out that we have at least two creditors and overdue receivables exceed three months, then we have 30 days to file for bankruptcy, despite the fact that the company is in liquidation. Finally, after 6 months from the date of announcement of the company’s liquidation in the Court and Economic Monitor, the meeting of shareholders may decide to remove the company from the National Court Register.

28
Mar

Responsibility for the financial report in a Polish Limited Liability Company

The head of the unit and the person entrusted with the bookkeeping are responsible for the preparation of the annual financial statements. The head of the unit shall ensure that the report is prepared and submitted to the competent authorities within three months from the balance sheet date. If the unit is managed by a multi-person body, the financial report is signed by all members of this body and the person entrusted with keeping the account books.Continue Reading..

14
Feb

Corrective note to the invoice in a Polish company.

Entrepreneurs are forced to frequently issue invoices, but also receive them from others as a proof of sales. The latter type can also be included in the costs incurred by the entrepreneur. However, in order for this to happen, the invoice must contain correct data. If the invoice contains errors, it is necessary to issue a correcting note by the buyer.

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08
Feb
13
Oct

Record number of foreign companies in Poland.

In 2016,  7.1 thousand new companies with foreign capital participation appeared in the National Court Register. It’s a record of all time.

The number of registration of polish companies in the National Court Register (KRS) proves that Poland is still an attractive market for foreign investors who see in our country the potential to make money.

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17
Sep

Having a company in Łódź or Kraków you can get a big grant.

The amount of PLN 129 million in the form of low-interest investment loans will go to companies from the sector of small and medium-sized enterprises in the Lodzkie and Małopolskie voivodeships. The agreement for their implementation with financial intermediaries was signed by Bank Gospodarstwa Krajowego.

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05
Sep

Lower ZUS contributions for the first three years of running a business. The government has a new idea.

The period of preferential payment of social security contributions will be extended to 3 years – proposed MRPiPS. The baseline would be 30 percent of the minimum wage in the first and second year of business and 60% in the third year.

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03
Sep
14
Aug

Steady increase of foreigners doing active business in Poland.

Year after year, the immigration wave intensifies, not only people looking for a job in Poland but as well the number of companies run by foreigners is increasing.

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