ARTICLE
29 January 2009

Reduction In Minimum Share Capital Requirements

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On 8 January 2009, the minimum share capital required in limited liability companies has decreased to PLN 5,000 from PLN 50,000.
Poland Corporate/Commercial Law

Article by Rafal Stroinski and Ewa Derkacz-Smolna

On 8 January 2009, the minimum share capital required in limited liability companies has decreased to PLN 5,000 from PLN 50,000.

The minimum share capital in joint-stock companies has also decreased to PLN 100,000 from PLN 500,000.

The changes apply to new and existing companies. As they significantly reduce set-up costs, it should provide a boost for start-ups, angel and venture capital investments as well as making it cheaper to establish holding companies.

Law: amendments to the Commercial Companies Code

This article was written for Law-Now, CMS Cameron McKenna's free online information service. To register for Law-Now, please go to www.law-now.com/law-now/mondaq

Law-Now information is for general purposes and guidance only. The information and opinions expressed in all Law-Now articles are not necessarily comprehensive and do not purport to give professional or legal advice. All Law-Now information relates to circumstances prevailing at the date of its original publication and may not have been updated to reflect subsequent developments.

The original publication date for this article was 28/01/2009.

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