Publication date: May 26, 2025
Venture capital financing is an institution that is well-rooted in legal regulations, including EU regulations, concerning the support of small and medium-sized enterprises. The article focuses on EuVECA and EuSEF funds, which have been regulated in detail in two EU regulations, along with the registers managing EuVECA and EuSEF, including the objectives and functions of these registers and the conditions that funds must meet in order to be able to register under this institution.
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Publication date: May 26, 2025
According to Article 7 § 2 of the Polish Penal Code, a crime is “a prohibited act punishable by imprisonment for a period of not less than 3 years or by a more severe penalty.”
Vat crime will be an offence described in:
Art. 277a. [Forgery of invoices with an amount due exceeding PLN 10 million]
§ 1. Whoever commits the offence specified in Article 270a § 1 or Article 271a § 1 with respect to an invoice or invoices containing a total amount due, the value or total value of which is greater than ten times the amount defining the property of great value, shall be subject to the penalty of deprivation of liberty for a term of between 5 and 25 years.
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Publication date: May 23, 2025
Guidelines of the Polish Office of the Protection of Competition and Consumers
Guidelines issued by the Polish Office of the Protection of Competition and Consumers on the legal correctness of advertising products or services provided by influencers:
Unlawful practices:
- Failure to highlight advertising materials and differentiate them from non-commercial ones;
- Misleading omissions – Article 6, section 1 of the Act of 23 August 2007 on counteracting unfair market practices;
- Surreptitious advertising consisting in the use of journalistic content in mass media in order to promote a product – Article 7, point 11 of the Act on Counteracting Unfair Market Practices;
- An act of unfair competition when a statement that encourages the purchase of goods or services gives the impression of neutral information – Article 16 section 1 point 4 of the Act of 16 April 1993 on Combating Unfair Competition.
We assess the compliance of an influencer, advertiser or advertising agency with the regulations individually, based on specific circumstances.
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Publication date: May 23, 2025
The ability to create and implement new ideas is one of the most important elements that helps companies stand out on the market and achieve success. Small and medium-sized enterprises (SMEs) play a particularly important role in the development of the economy. They are the ones that often employ people in their local communities, quickly adapt to changes and are the source of many modern solutions. According to the definition in Commission Recommendation 2003/361, the SME category includes enterprises with fewer than 250 employees, whose annual turnover does not exceed EUR 50 million or whose annual balance sheet total does not exceed EUR 43 million. Within this category, a distinction is made between microenterprises (up to 10 employees), small enterprises (up to 50 employees) and medium-sized enterprises (up to 250 employees).
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Publication date: May 23, 2025
The purpose of Regulation (EU) 2022/2560 of the European Parliament and of the Council (FSR) on foreign subsidies distorting the internal market is to enable the European Commission to conduct analyses of subsidies granted by non-EU countries to companies operating in the EU and to combat their negative impact on the single internal market in the European Union.
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