We are pleased to announce that on May 11, 2021 KG Legal Kiełtyka Gładkowski Law firm will take part in the training “Support for business from Polish and European funds in 2021 and the Polish investment zone”. The event is organised by the Kraków Technology Park and its subject matter will focus, among others, on the issues related to reconstruction and support of Polish business from domestic and European funds. During the training the following topics will also be discussed: the legal basis for the activities in the Polish Investment Zone (PSI) and the National Reconstruction Programme.
Implementation of Directive 2012/27/EU on energy efficiency in Poland – amendment to the Regulation of the Polish Minister of Climate will support the development of electromobility in Poland
New Polish energy law beneficial for the business of distributors of electric car charging stations.
The Polish bill of August 6, 2020, of the Polish Minister of Climate, amending the regulation (link to the legislation track) on detailed rules of the production, the formation and calculation of tariffs and settlements in wind electricity trading, introduces regulations to facilitate the further development of electromobility in Poland. Currently, high and constant distribution fees overburden the operators of generally accessible charging stations in Poland, and in combination with the still low demand for this service, they result in too high costs and a decrease in profitability, which in turn results in a lack of interest in investing in this type of technology.
The project was developed on the basis of the authorizing provision contained in Art. 46 sec. 3 of the Act of April 10, 1997 – Energy Law. One of the changes is the introduction to Polish law of a tariff group intended only for generally accessible charging stations.
The proposed solution implies shifting the financial burden from the fixed component of the network rate and the transitional fee rate to a variable component, which is related to the actual scope of using the charging infrastructure. The fixed distribution fee will be abolished and in its place variable fees will be created, depending on the amount of energy consumed by the station. At the same time, it is necessary, in order to simplify the tariff setting model, to link the prices and rates of charges specified in the tariff with another tariff group that is closest to each type (basic group).
Polish provisions, referred to as Shield 4.0, officially known as the Act on interest subsidies for bank loans granted to entrepreneurs affected by COVID-19 and on simplified proceedings for approval of an arrangement in connection with the occurrence of COVID-19 (full text available at https://isap.sejm.gov.pl), introduced significant changes to the Polish restructuring procedure. A novelty is the introduction of a simplified restructuring procedure, partly based on the existing regulations on the Polish procedure for approval of an arrangement between the creditors and the debtor. The newly introduced proceedings contain regulations protecting the enterprise against enforcement actions of creditors, while being for the most part extrajudicial (out-of-court) proceedings. An important feature of this new model of debt restructuring, which is also a novelty in the Polish restructuring regulations, is the accompanying extensive enforcement immunity, regulated in Art. 16 sec. 3 of the aforementioned act. As a result, since the announcement on the opening of the simplified restructuring proceedings, creditors in principle do not have the possibility to conduct enforcement proceedings against the entrepreneur – the debtor. According to Art. 17 sec. 1 and 2 of the Shield 4.0, this also applies to claims secured in kind (secured by a physical collateral), which so far was only possible in the costly and lengthy recovery proceedings. Moreover, according to Art. 16 sec. 3 point 3 of this Act, during the period of simplified restructuring proceedings, it is impossible for creditors to terminate major agreements concluded with the debtor, including rental, lease, leasing or credit agreements.
Based on its knowledge of legal and business environment and cross border expertise, Kieltyka Gladkowski KG Legal is launching its new project – iSTART1, the accelerator that will offer programs to help scaling rising businesses, provide access to mentoring programs, investments in companies as part of accelerator programs, access to investors and further capital, connection with the recipients of the technology interested in the development and implementation of the products or services offered by the start-ups.
Part of the accelerator will also be dedicated to shareholder crowdfunding and digital shareholders. The accelerator will offer equity crowdfunding, reward crowdfunding and donation crowdfunding.
iSTART1 will be in a major part focused on tech and med companies, primarily involving projects within IoT, including virtual and augmented reality (VR / AR), artificial intelligence (AI) and cyber security. Part of the activity of iSTART1 will concentrate on the start-ups that develop solutions to fight COVID-19.
The accelerator has been created based on the involvement and funding of international clients and partners of Kieltyka Gladkowski KG Legal.
Please see the currently updated information about the Polish regulations related to the legal and business situation of COVID-19 in Poland (the list of discussed issues is presented below and updated on current basis):