Finance

29 July 2024

Abusive clauses in contracts with entrepreneurs? Good news for sole proprietorships

On 1 January 2021, Article 385(5) of the Act of 23 April 1964, the Civil Code (hereinafter referred to as the Civil Code), added by Article 1 point 1 of the Act of 31 July 2019 amending certain acts in order to reduce regulatory burdens, entered the legal order. This ...

24 July 2024

Micro-enterprises’ debts are growing. Their arrears have exceeded PLN 5 billion

According to the latest available data from the Central Statistical Office from the end of January 2024, 4.7 million employees are employed in microenterprises (up to 9 employees), which is every fourth person in Poland. This is more than the staff in the largest corporations, employing over 1,000 people. If ...