We are proud to notify that KG Legal Law firm has been given the title of Cross Border Transactions Law Firm of the Year 2018 – Poland.
The Corporate Excellence Awards 2018 are handpicked by CV Magazine and are based purely on the comprehensive analysis of both qualitative and quantitative research undertaken by the wider group, which provides the chance to promote talent on a truly global platform. This proven approach ensures that the award is based on merit, not popularity and recognises the very best in business; from a single office firm to an international conglomerate. The Corporate Excellence Awards are awarded to those businesses that are succeeding in their endeavours, innovating, growing and improving.
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There is currently underway the legislative change in Poland aiming to transform the right of perpetual usufruct of land built for housing purposes into land ownership. Under the new provisions, the owners of flats and commercial premises in blocks of flats and single-family houses will become the owners of the land. However, Article 1 para. 9 of this Act may cause additional difficulties in the use of this right by foreigners who own land in Poland. In order for the transformation to take effect in their case, the minister competent for the internal affairs must issue a relevant permit. On the day when such a permit becomes final, one can talk about the transformation. According to lawyers, however, it is an unnecessary step that will only extend the entire process. A foreigner who owns the building under the same law will also become the owner of the land. Therefore, doubts arise due to the status of the land until the decision is issued by the minister and the fact whether such a process is justified. The Ministry, in turn, ensures that the discussed provisions of the new act will not refer to the transformation of the foreigner’s share in perpetual usufruct and will not cause any problems. The regulations in question will come into force on January 1, 2019.
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From August 27, 2018, there will apply new provisions of the Code of Civil Procedure in Poland, changing the rules of the procedural mandate regarding matters related to the Hague Convention – introducing obligatory legal representation of the Applicant by an attorney or a legal counsel. There has been added a new legal provision to the Code of Civil Procedure, namely article 5782.
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In the amended Pharmaceutical Law (Journal of Laws of 2017, item 2211 and of 2018 items 650, 697 and 1039) in the most visible way, the changes will affect the institution of the Main Pharmaceutical Inspector – this office will be granted new rights, its position will also be strengthened. From now on it will be the competent authority to issue, refuse, revoke, withdraw, and change the permit for the manufacture or import of a medicinal product, by means of a decision; it will also be decisive in the case of medicine production in the so-called advanced therapy.
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A business activity is an organized profit-making activity focused on making profit, conducted on a continuous basis and under one’s own name. People whose income does not exceed 50% of the minimum wage and who have not undertaken a business activity in the last 60 months are exempt from the duty of registration.
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