Funding based on EU funds may also cover the development of activities undertaken jointly by economic operators and scientific entities. Such opportunities are foreseen in the Intelligent Development Operational Programme 2014-2020. Please find presentation prepared by the employee of KG Legal explaining this matter.
The Intelligent Development Operational Programme 2014-2020 (IDOP) is the Polish operational programme financing research, development and innovation. It was drawn up on the basis of Regulation (EU) No 1303/2013 of the European Parliament and of the Council of 17 December 2013, as well as on the basis of the Act of 11 July 2014 on the principles of implementation of cohesion policy programmes financed in the financial perspective 2014-2020. The aim of the programme is to improve the innovativeness of the Polish economy as well as to develop cooperation between the science sector and business. A significant amount of 8 613 929 014 euro of European funds has been prepared to carry out these activities.
KG Legal prepared presentation about notional shares in the Polish system as a method of remuneration of employees. The presentation includes construction of notional shares, reasons for notional shares issue, advantages and risks of notional shares.
If you are interested you can READ the presentation or you can WATCH the YouTube video.
KG Legal prepared presentation about letter of credit as a form of security for payments in international transactions. The presentation includes risk in international trade, limiting of payment risk, incoterms 2000, payment settlement scheme etc.
The Polish Office of Competition and Consumer Protection is an institution next to which one cannot pass by indifferently. Its functioning in the Polish market is motivated by many reasons, limitation of the monopoly on the Polish market being one of them. Antitrust proceedings are discussed by Paweł Dyrduł, associate lawyer from KG Legal Kiełtyka Gładkowski Professional Partnership based in Cracow.
The Polish Office of Competition and Consumer Protection is an antitrust institution next to which one cannot pass by indifferently. Its functioning on the Polish market is motivated by many reasons, consumer protection issues being one of them. Polish consumer protection proceedings are discussed by Paweł Dyrduł, associate lawyer from KG Legal Kiełtyka Gładkowski Professional Partnership based in Cracow.
Running a company in the form of a limited liability company in Poland entails the obligation to prepare the financial statements for the financial year. The obligation to prepare the financial statement, its elements and main principles are analysed by Paweł Dyrduł, associate lawyer from Polish law firm KG Legal Kiełtyka Gładkowski Professional Partnership with its registered office in Krakow.
KG Legal prepared a presentation about financial statements – obligations of Polish limited liability comapnies. The presentation includes characteristics of the limited liability companies, mandatory elements of the financial statements obligation, features of a good report and other useful information.
Liquidation of a brach can be conducted in two different procedures:
For more information please watch our You Tube video presentation
or you can read it HERE
Bearing in mind the universality of international transactions and the risks that entrepreneurs face, the letter should pay attention to risk-reducing methods offered by banks. Paweł Dyrduł, associate lawyer from the law firm KG Legal Kiełtyka Gładkowski Professional Partnership based in Krakow, discusses the instrument of the letter of credit as a form of payment as well as the form of limiting the risk involved with transactions.
The essence of international trade
Progressive globalization has imposed on domestic companies – even on local ones – relationships with other international companies. Examples of such a connection, which may be either direct or indirect, include: competition with foreign entities, adaptation of manufactured products to international standards, the use of developed and implemented technological and management solutions.
An international commercial transaction is a transaction involving a cross-border element, so it comes down to transactions between entities based in different countries. Foreign trade can be considered in two perspectives: narrow and broad. In the narrow sense, the subject of foreign trade is material goods. Broad sense includes, for example, current and assets and credit turnovers, purchase of goods and intangible services.
