Trade reports in risk analysis and counterparty verification in Poland
KIELTYKA GLADKOWSKI KG LEGAL has recently participated in a training devoted to trade and business reports in risk analysis and investments in Poland. The information gained through the training will help our Clients in a more careful selection of a suitable business partner and will increase the transparency of business standing.
IPG Trade Reports
The basic source of information on the financial data of business entities is the Polish National Court Register. Reliability can also be assessed on the basis of data from the Court and Economic Journal, the Polish National Business Registry Number database, debtor registers, and information from InfoCredit companies and partners (IPG reports). These IPG reports present the situation of a given company in detail. Among other things, they present the structure of shareholders of the entity, which is one of the basic parameters of risk assessment connected with a given company. They also contain current and historical financial ratios. They also contain a complete ratio analysis of parameters such as liquidity, indebtedness, operating efficiency, profitability, and capital and asset structure. Trade reports also contain information on the structure of employment, which is collected directly from companies. Despite the decision of the Ministry of Finance in 2017, regarding the inclusion of import and export data under fiscal secrecy, the reports contain information on business activity.
On 27 January 2022 there will take place the event “Healthtronics EU – Israel bridge”, organized by LifeScience Cluster Krakow, which will be attended by partners from KG LEGAL. The meeting is aimed at establishing cooperation between Polish, European and Israeli entities within the framework of a virtual business mission and their familiarisation with the health sector in the European Union countries and Israel. In addition, it aims to broaden the horizons of the high-tech industry, provide practical knowledge on the commercialisation of products and inspire projects in the field of health and biotechnology. The meeting will discuss topics related to value chains in the health sector, the e-health ecosystem in Israel and the Israeli medical device sector. During the meeting, a three-hour networking event is planned for representatives of companies from the European Union countries and Israel, who will have the opportunity to present themselves during the meeting and establish contacts between each other. Companies such as ARANET, BIO-T, BORN, PERCEPTUS, DARWIN BIOMEDICAL, TYTOCARE, VIRUSIGHT, VITALERTER, YSIUM MEDICAL, ZAYA ARTIFICIAL INTELLIGENCE will participate in the meeting.
The event was attended by US-based general counsels, heads of legal and legal directors in the corporate/M&A field. Together with the Lex Mundi, the participants discussed how the emerging post-Covid regulatory landscape suggests that corporate legal teams will have more influence than ever over integration.
KIELTYKA GLADKOWSKI attended The Legal 500 and Apparcel Uriarte & Vassallo’s webinar ‘Chile: the to-go destination for international fintech startups’.
In this international webinar there were analysed the possibilities that Chile offers as a Latin American hub for international startups and fintechs.
The event explored the reasons that have led the country to become internationally renowned in the development of financial startups, as well as the promising future that lies ahead with the Fintech Bill that is being discussed in Congress.
The webinar featured the presentation of legal experts from AUV and dLocal, Uruguay’s first unicorn. They presented key aspects such as startups’ softlanding, financial inclusion, open banking and regulation. On this last point, the legal director of the CMF shed light on the advantages that Chile offers for fintech companies, and what these companies should expect in order to successfully operate in Chile.
One World Trade Center – KG Legal’s new office in New York (International Branch)
KG Legal’s office in New York: One World Trade Center, 85th Floor, New York, NY 10007, USA
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KG LEGAL KIEŁTYKA GŁADKOWSKI has its address in New York, which allows direct contact and exchange of information with international Clients of the Polish law firm operating in Poland and investors from the United States, among others under the Istart1 program.
KG LEGAL KIELTYKA GLADKOWSKI has launched a new programme of accelerating international capabilities of our law firm. As a separate branch named iSTART1 (https://www.istart1.com), based in the Lower Manhattan at One World Trade Center, 85th Floor, New York, NY 10007, USA, we have differentiated our aim to develop our international legal assistance in two fields. There are two groups of our global services related therewith: on the one hand, there is transaction advisory assistance (we advise on the content of contracts, how to secure payments and the rules of international acquisition and merger of companies); and on the other hand, we offer investment advisory services. We promote cooperation between start ups and venture partners and assist in serving their transactions. These two types of services have one common goal in the form of acceleration of business (this is always the primary goal of our services).
