Anti-crisis Shield 1.0 Highlights

Liquidity Guarantee Fund up and running !

In mid-April 2020, Bank Gospodarstwa Krajowego announced that it will be launching a Liquidity Guarantee Fund which will be used

BGK liquidity guarantees

Companies of what size will be eligible for liquidity guarantees ? Bank Gospodarstwa Krajowego is rolling out Liquidity Guarantee Fund

Legislative amendments of relevance to the tourist industry

Rescission of a contract for participation in a tourist trip effective upon elapse of 180 days As far as the

Anti-crisis shield for artists and cultural institutions

The Covid-19 Act institutes some public aid mechanisms for the cultural sector.   Who is eligible ? Financial support is

Amendments of the laws regulating capital markets

Remote sessions of governing bodies and regulators Management board and supervisory board sessions  The Covid-19 Act provides that, unless the

Other facilitations for business

Amendments to the Public Procurement Law As regards contracts executed via the public procurement procedure on the basis of the

Amendments to company law

The Covid-19 Act amends the Polish Commercial Companies and Partnerships Code (hereinafter referred to simply as the “Companies Code”) with

Tax breaks

Facilitations in tax remittance without an extension fee Entrepreneurs who encounter difficulty in settling their tax bills during the Covid-19

Changed tax deadlines

Income tax 1.Advance payments towards income tax for March and April 2020 due on: Wages under an employment relationship, Income

Foreign nationals – Residence, employment

The Covid-19 Act introduces measures intended to facilitate immigration and employment issues for foreigners in Poland under the state of