Articles

  • Customs and tax audit - new rules for taxpayer audit

    2017-03-01
    On March 1 2017, the Act on the National Fiscal Administration (hereinafter also "the NFA Act" comes into force, significantly changing the auditing procedures which apply to tax payers. First and foremost, along with the act coming into force tax, fiscal and Customs Service administration will become consolidated. In practice, tax offices and customs and tax offices will operate as a combination of customs administration and tax audit offices.
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  • Statutory Minimum Wage in Germany and Its Consequences for Foreign Entrepreneurs

    2016-09-19
    A new Law on minimum wage (MiLoG) has been in force in Germany since January 2015. According to § 1 of the Law, every employee is entitled to a minimum wage amounting to 8.50 EUR gross per hour.
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  • Methods of Enterprise Valuation in the M&A

    2016-09-09
    One of the stages of the enterprise acquisition and sale is valuation of the company constituting the object of the transaction. Due to the complexity of the valuation process, as well as its frequently occurring subjectivity, valuation of a company in a reliable manner is far from easy. This article aims to introduce to the reader the most popular methods of company valuation by providing example situations where there is a need for establishing an enterprise's value.
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  • Changes in the labour law - new rules for employers

    2016-08-30
    From 1 September 2016 changes in the labour law which define new rules for employers in different situations, enter into force.
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  • Planned Changes to Rules of Employee Delegation

    2016-03-17
    2016 has been a year of considerable changes in the Polish labour law. The new parental entitlements and amendments in the area of fixed-term employment agreements are some of the most important changes, impacting a large number of Polish employees and employers. Apart from the said changes, which have entered into force in 2016, there are new ones being designed, expected to affect many employees and their international mobility.
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  • Insolvency term on the basis of the new bankruptcy law

    2016-03-10
    The amendment to the Bankruptcy law has resulted in profound changes in the bankruptcy proceedings. The changes also affected the very definition of insolvency, which in the context of the threat of bankruptcy is crucial for entrepreneurs.
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