Short-term rental of apartments consists in making a flat or premises available for the agreed use, for a specified period of time, based on agreed fee.
Short-term rental, due to the lack of its separate and comprehensive legislation, is subject to the same regulations of the Civil Code as the generally understood rental of residential premises, and therefore it is made on the basis of a rental agreement concluded between the landlord and the tenant. The premises are put into use, in the case of a short-term lease, for a fixed period of time for the fee (rent) agreed in the contract.
The importance of short-term rental in the tourism sector
Draft amendments to the Polish Commercial Companies Code
In August 2022 the Polish Ministry of Justice has proposed an amendment to the Polish Commercial Companies Code (hereunder referred to as CCC). The main aim of the project was to implement to the Polish law the European Directives, i.e.:
Directive 2019/2121 of the European Parliament and of the Council of 27 November 2019 amending Directive (EU) 2017/1132 as regards cross-border conversions, mergers and divisions, and
Directive 2019/1151 of the European Parliament and of the Council of 20 June 2019 amending Directive 2017/1132 as regards the use of digital tools and processes in company law.
Historically, legal assistance in Poland is provided by two groups of lawyers: attorneys and legal advisors or attorneys-at-law. Because they are in contact with important principles for social life, each of these professional groups has its own code of ethics. Such a set of rules is very necessary, because lawyers and attorneys guard the justice and advise in the sensitive spheres of life and business activity of Clients.
With the accession to the European Union, Poland faced many challenges. With them, however, many opportunities arose. The country was enabled to be part of the European financial market, including the investment fund market. Within the Union, work is constantly being carried out to unify the regulations so that it is possible to conduct business successfully in every member state.
The cons iderations on an AIFM passport should begin with explaining what AIFM is, setting out the background, specificities of the European fund market and the regulations on which the passport is based.
All about AIFM
What is AIFM? The AIFM acronym stands for the Alternative Investment Fund Manager. That is a legal person legal that conduct business activity in the area of the professional management of investment funds.
On June 28, 2022, the Polish Ministry of Finance sent for arrangements and consultations public projects, another amendment to the so-called Polish Order (group of tax legal acts), this time in the field of Corporate Income Tax in Poland.
Most of the proposed changes are to come into force on 01/01/2023. The draft provides, among others, the following solutions:
– Modification and postponement of the entry into force of the provisions on the minimum income tax,
