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

Bonds

In the Polish law, a bond is a security issued in a series wherein the issuer states that it is the bond owner's (bondholder's) debtor and commits to make a given performance in favour of the latter.

The bond should entail in particular:

1) reference to the legal grounds of the issue,
2) the issuer's name (business name) and registered offices, the place and number of the entry in the relevant registry or an indication of the local self-government unit, association of such units or the Capital City of Warsaw, which are the issuer,
3) the name of the bond and the purpose of its issuance if it is specified,
4) the par value and the sequential number of the bond,
4a) a description of the issuer's performances with an indication in particular of the amount of these performances or the manner in which they are to be determined, the dates, manners and places of their fulfilment,
5) the designation of the bondholder for a registered bond,
6) possible ban or limitation on selling a registered bond,
7) the date from which interest shall be computed, the interest rate, the interest payment dates and the site of payment, if the terms of the issue envisage interest, and the terms of redemption,
8) the scope and form of collateral or information about the lack thereof,
9) the place and date of issuance of the bond,
10) the signatures of the persons authorised to contract liabilities on behalf of the issuer, where these signatures may be reproduced mechanically.

The following entities may issue bonds:

1) entities conducting economic activity holding legal personality as well as limited partnership - joint stock companies,
2) communes, counties, voivodships, as well as associations of these units and the Capital City of Warsaw,
3) other entities holding legal personality authorised to issue bonds pursuant to other acts,
4) financial institutions in which membership is held by the Republic of Poland or the National Bank of Poland or at least one of the states belonging to the Organisation for Economic Cooperation and Development (OECD), or the central bank of such a state or institutions with which the Republic of Poland has executed agreements governing the activity of such institutions in the territory of the Republic of Poland and entailing the relevant provisions pertaining to the issuance of bonds.

Source: Act on Bonds dated 29 June 1995.

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

Nota prawna: Przed użyciem strony "Bonds" proszę nie zapomnieć o zapoznaniu się z "Warunkami korzystania z portalu".