ARTICLE
17 November 1997

Directors' Remuneration

K
KPMG

Contributor

Poland Finance and Banking
In accordance with the new provisions of the general foreign exchange regulations, foreign persons are permitted to transfer abroad fees from undertaking duties on the board of a commercial trading company (Sp. z o.o. or S.A.).

Tax laws and practise are constantly being revised and, whilst every effort is made to ensure that the information in this tax newsletter is accurate and timely, no decision should be taken on the basis of the information herein without first consulting with KPMG Polska.

Should you have any questions in relation to the above issues, please contact:

Oliver Sinton
KPMG Polska
LIM Center - Marriott Hotel - IX floor
Al. Jerozolimskie 65/79
00-697 Warsaw, Poland
Tel: +48 (22) 630 7236
Fax: +48 (22) 630 6355

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