EU Regulation 2022/2560 – what businesses need to know about public procurement in the EU
Since 2023, companies bidding for large public contracts within the European Union have been subject to new obligations under Regulation (EU) 2022/2560 of the European Parliament and of the Council of 14 December 2022 on foreign subsidies distorting the internal market. The purpose of this Regulation is to ensure a level playing field between companies […]
Issues of contractual penalties in construction
Construction contracts are among the most complex commercial agreements. The scale of the undertaking, the long duration of implementation, and the number of participants in the investment process mean that the risk of non-performance or improper performance of obligations is significant. Therefore, contractual provisions regarding penalties and liability limits are of particular importance. Both mechanisms […]
Establishing a Limited Liability Company by Foreigners in Poland
Poland has remained an attractive place for doing business by foreigners for several years. A stable legal environment, access to the European Union market, and competitive operating costs make more and more entrepreneurs decide to register a limited liability company (spółka z ograniczoną odpowiedzialnością – sp. z o.o.) in our country. In this article, we […]