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FINANCING FOR RENEWABLE ENERGY RESOURCES COMPANIES IN POLAND. CALL FOR APPLICATIONS HAS STARTED

publication date: February 13, 2023

The Polish National Fund for Environmental Protection and Water Management has announced another call for applications for co-financing under the priority program Energia Plus. Entrepreneurs can apply for co-financing, e.g. to renewable energy sources.

The goal of the Energia Plus program is to reduce the negative impact of enterprises on the environment by supporting investment projects. The budget allocated to support investments in the fourth call for proposals has just been announced and amounts to PLN 566.9 million.

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KIELTYKA GLADKOWSKI KG LEGAL IS INVOLVED IN THE PROJECT “SYSTEMIC DESIGN AND KIELTYKA GLADKOWSKI KG LEGAL IS INVOLVED IN THE PROJECT “SYSTEMIC DESIGN AND SUSTAINABLE HEALTHCARE FOR MEDTECH MANUFACTURING (SYSTEMA)” FOR MEDTECH MANUFACTURING (SYSTEMA)”

KIELTYKA GLADKOWSKI KG LEGAL takes part in the project “Systemic Design and Sustainable Healthcare for MedTech Manufacturing (SysteMA)”. One of elements of the project is led by the Life Science Cluster in Krakow and the MedSilesia cluster. The latter became involved in activities to raise awareness and knowledge in the field of the circular economy.

The research is part of the EIT Manufacturing project SysteMA (Systemic Design and Sustainable Healthcare for MedTech Manufacturing), which focuses on the role of MedTech manufacturing towards the environmental, social, and economic sustainability of healthcare systems. The project aims to create online training courses on this topic, providing EU companies with actionable skills to improve the sustainability of their products and processes and seize new market opportunities.

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KIELTYKA GLADKOWSKI TAKES PART IN DeFi DOZEN 2022

KIELTYKA GLADKOWSKI takes part in the event organised jointly by the Observer and Coindesk devoted to DeFi Dozen, taking place on March 29.

The speakers will present and discuss the most trendy DeFi companies of 2022.

The speakers will include James Ledbetter, Executive Editor, Observer; Lisa Carmen Wang, Founder, Bad Bitch Empire and advisor to crypto CEOs; Joe Lautzenhiser, Editorial Researcher and Strategist, CoinDesk.

The event is a great opportunity for KIELTYKA GLADKOWSKI to get the insight into most trendy DeFi companies in the market, since decentralised finance remains crucial specialisation for our law firm, with a particular focus on cryptocurrency exchanges, OTC desks and wallet-providers, DeFi traders and Dapp developers, NFT platforms, issuers, and investors, digital asset platforms, institutional investors and publicly traded companies; cryptocurrency hedge fund managers and investors, metaverse businesses, brands, and users.

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Foreign individual investors in the prospectus of shares of the e-commerce industry – principles of investing in securities in Poland

On November 17, 2021, Pracuj.pl group, a leader in the digital recruitment market, operating in Poland, offering services to support the recruitment, retention and development of employees has published a prospectus with a view to conducting an initial public offering of the Company’s shares and their admission to trading on the main market of the Warsaw Stock Exchange. The offer covered up to 22,380,626 existing shares with each share having a nominal value of PLN 5 – representing 32.86% of the share capital. The maximum price has been set at PLN 82 per share.

Book building

Before the sale of shares takes place, the company conducts book-building, which is a key process in determining the share issue price. The book of demand thus involves the collection of non-binding information from potential institutional investors on their interest in acquiring the securities in question. The key stage affecting book building is the acceptance of subscriptions from potential investors, and on the basis of the interest in the offer the company determines the issue price and the final number of shares.

Subscription for shares

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AD REVENUE WITHOUT IP BOX RELIEF – NEW INTERPRETATION ISSUED BY POLISH TAX AUTHORITIES

A producer of free computer games does not earn money by selling them, but by advertising. Therefore, he pays a higher tax than the one who provides games for a fee – according to the interpretation of the director of the Polish National Tax Information.

As a result of this interpretation, the situation of producers (so-called developers) of paid and free games is diversified: the former are not entitled to the IP Box tax relief, the latter indeed are.

Premium games

The IP Box relief in Poland consists in taxing income from qualified intellectual property rights at a preferential rate of 5% of personal income tax or corporate income tax. It concerns, among others the income from fees or charges under the license agreement (Article 30ca (7) (1) of the Polish PIT Act and analogous Article 24d (7) (1) of the Polish CIT Act). In practice, therefore, a person who buys a game from the producer (developer) signs a license agreement with him.

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