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Latest posts

Posts Tagged ‘limited liability company’


Exclusion of a shareholder from a limited liability company

28-11-2009

Undertaking the first steps to start business activity in a form of limited liability company in Poland usually we win over the shareholders, determine the rules of cooperation and hope for success. Sometimes it may turn out that cooperation among the shareholders does not raise in harmony and the only way to conduct effective business activity is to exclude irritable shareholder. Read more…

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How to set up a limited liability company in Poland

15-10-2009

A limited liability company (hereinafter referred to also as LLC or a company) is one of the most popular kind of commercial companies setting up in Poland. Popularity of LLC is connected with quite small costs of its formation and existence and also security of the ?owners? of this company ? the shareholders of LLC are not financially liable for company?s debts. Sometimes it may seem that formation of LLC is not very difficult but every investor should remember that setting up a company is related to many activities which have to be undertaken according to numerous provisions of Polish legal acts.  Read more…

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Limit your liability ten times cheaper

09-01-2009

On 8th January 2009 y. there came into force the act of 23rd October 2008 y. on amendment of act – Code of Commercial Companies (Dz.U. No. 217 Item 1381). The major novelty brought by the act is a reduce of minimum share capital, which is required to form a limited liability company or a joint-stock company. Read more…

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