Law Firm Doradztwo Skarbiec represents foreign companies seeking to invest and participate in Polish markets.

We can offer you practical, prudent advice on just about any legal problem you may face dealing with Polish business entities or authorities.

We assist foreign companies in complying with state and local laws, and treaties to which Poland is a party, including Polish tax law, commercial law, labour law and administrative law.

Should you have any inquiries or further questions, please contact Doradztwo Skarbiec.Biz directly:

E-mail: doradztwo@skarbiec.biz
Address: Sheraton Plaza, Prusa Street 2, 00-493 Warsaw

Securing approvals for mergers, acquisitions, joint ventures and other arrangements in Poland

[Warsaw, 06.06.2006] While effecting any mergers or acquisitions of business entities in Poland one should bear in mind the regulations concerning the notification of the President of the Office for Consumer and Competition Protection of intent to merge if the total sales of entrepreneurs participating in the merger for the financial year preceding the year of the notification exceeds EUR 50,000,000 (Article 12 Section 1 of the Law of 15 December 2000 on Protection of Competition and Consumers).

The above obligation applies to:

1) merger of two or more independent enterprises;

2) take-over - through acquisition or taking up of shares, other securities, interests, of all or part of assets or in any other manner - of direct or indirect control over the entire or part of one or more entrepreneurs by one or more entrepreneurs;

3) establishment of a joint enterprise by entrepreneurs.

The President of the Office for Consumer and Competition Protection issues its consent to concentration in the form of a decision, provided that such concentration does not trigger any material limitation of competition in the market, including, in particular, as a result of occurrence or strengthening of dominant market position. One should also bear in mind that there is a number of special regulations concerning, among others, the exercise of voting rights underlying the shares in public companies and shares in certain entities in the financial sector.

Should you have any further questions regarding Polish law or registration of companies in Poland, do note hesitate to contact "Skarbiec" Consulting Services (e-mail / resume of the founder).

DISCLAIMER: The material you read on this site has been prepared and/or edited by Robert Nogacki for information purposes only. This information should not be construed as legal advice and it is not necessarily current or complete. Receipt of this information does not create an attorney-client relationship. Should you have any further questions, do not hesitate to contact Mr Nogacki: redaktor.naczelny@skarbiec.biz