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.
If you are interested you can READ it or you can WATCH it.
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.