Ready Made Companies Poland Law and Legal
Buying a ready made company in Poland may be the perfect choice for your needs. It can save you the time and effort needed to start your business. The risks are minimal. However, some of the formalities required to be performed may take a considerable amount of time. It is best to get your business off to a good start by having the necessary documentation in place.
To avoid legal problems, it is necessary to obtain confirmation from the ready made companies Poland state registry and have your company’s VAT registration number confirmed. This may take several weeks. However, once you have your company in place and all the necessary documents have been signed, you can start your business.
You should also have a management board and supervisory board in place. The management board should consist of members that have the full capacity to carry out legal actions on behalf of the company. They should not have been convicted for crimes against property or for crimes against credibility of documents. In addition, they must not have been sentenced for crimes against the interests of the company.
Ready Made Companies Poland Law and Legal Definition
A management board member must be fully aware of the company’s financial and business situation and inform all of its shareholders about any changes. They are also required to inform their supervisory board members. Management board members should not support takeovers. If they do, they could lose their position after the takeover. However, they are free to carry out defensive measures ad hoc.
The articles of association should contain rules on the appointment of company bodies. They should also specify rules on dismissal of company bodies. They may also provide for staggered boards. These rules are often included in the articles of association. The shareholders’ meeting has the right to revoke the membership of any company body.
The Commercial Companies Code of 2000 sets the rules on the liability of management board members. It also sets rules on conflicts of interest. It is important to keep in mind that management board members may represent the interests of the next shareholders. The content of a resolution approving the appointment of management board members also determines the scope of the relationship.
In addition, the company articles of association should include rules for the dismissal of company bodies. Those rules should also describe what type of action requires a shareholder’s resolution. The shareholder’s right to information is limited in joint-stock companies. The deadline for filing ordinary written resolutions is three months, but not more than three months after the end of the financial year. If the deadline is not extended, the ordinary writing resolution is not effective.
The biggest Polish capital groups are required to provide information on taxable income and place of business. In addition, they must prepare transfer pricing documentation. These companies are subject to a 19% CIT rate.
In order to avoid legal problems, it is important to register your company in Poland. The most common registrations are required in order to start your business.
