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

Mergers, takeovers and acquisitions in Poland

[Warsaw, 06.06.2006] The Polish law provides for a number of possibilities to transfer shares in partnerships and companies. In the case of partnerships, the rule expressed in Article 10 § 1 of the Code of Commercial Companies applies.

According to this rule, all rights and obligations of a partner in a partnership may be transferred to another person exclusively in cases where the deed of partnership provides so. In the case of transfer of all rights and obligations of a partner to another person, the partner leaving the partnership and the partner joining the partnership are jointly and severally liable for the obligations of the leaving partner in connection with its participation in the partnership and for the obligations of such partnership.

Limited liability companies are governed by a rule according to which a transfer or pledge of a share or a fraction thereof should be effected in writing, with signatures certified by a notary (Article 180 of the Code of Commercial Companies). It should be borne in mind that the transfer or pledge of a share or a fraction thereof may be made contingent (in the articles of association) upon the consent of the company or may be otherwise limited (Article 182 § 1).

In general, shares in a joint-stock company are transferable (Article 337 § 1 of the Code of Commercial Companies), however, the statutes may make the disposal of registered shares contingent upon the consent of the company or may otherwise limit the possibility of disposing of the registered shares (Article 337 § 2 of the Code of Commercial Companies).

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 "Mergers, takeovers and acquisitions in Poland / of Polish companies" proszę nie zapomnieć o zapoznaniu się z "Warunkami korzystania z portalu".