JD Supra Poland

Publisher:: JD Supra
Publication date:: 2019-04-29

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Latest documents

Polish capacity market mechanism
Increasing demand for energy supply, mothballing, phasing out old inefficient power units, and the electricity shortages experienced in the summer of 2015 in Poland these are some of the reasons why Poland has introduced the capacity market mechanism. Its introduction adds a new commodity into the Polish energy market; net available capacity. Or, in other words, buying and selling the readiness to supply energy to the grid. The first capacity auction took place in 2018 for the delivery years 2021-2023. Since then capacity auctions are held on a cyclical annual basis. Under the current regulations the last main auction will take place next year, i.e. in 2025, for the delivery period falling in 2030.
Doing business in Poland 2023 - French
La réglementation applicable aux activités commerciales en Pologne est la même que dans les autres pays de l’Union européenne. Elle permet aux entreprises d’exercer sous diverses formes juridiques et sur différentes bases, notamment la libre prestation de services et la liberté d’établissement des entités au sein des États membres de l’UE. Les entités hors UE disposent également d’un très large éventail de possibilités pour mener leurs activités commerciales en Pologne. Les investisseurs étrangers qui souhaitent mener des activités commerciales en Pologne sont parfois tenus de remplir certaines conditions, voire d’obtenir des permis ou des licences. Ces exigences supplémentaires sont généralement liées à la nature de l’activité exercée, par exemple : banque, assurance, etc. Les formes et la nature des activités exercées en Pologne, outre les questions générales relatives aux sociétés, impliquent normalement l’application d’un droit fiscal spécifique, droit de l’immobilier, droit du travail et d’autres branches juridiques. Please see full Publication below for more information.
Doing business in Poland 2023 - English
Doing business in Poland is regulated in the same way as in other European Union countries. It allows business activities to be conducted in various legal forms and on various bases including the freedom of services, and the freedom of establishment for entities among the EU states. Entities from outside the EU also have a very wide range of possibilities for conducting their business activities in Poland. Foreign investors who wish to conduct business in Poland may be required to meet certain conditions, obtain permits or licenses. These additional requirements are usually connected to the scope of activity to be undertaken, for example: banking, or insurance, etc. The forms and scope of conducting business in Poland, apart from general corporate issues, usually requires the involvement of tax, real estate, employment, and other areas of law. Please see full Publication below for more information.
Legal state of play in the video games industry - Current trends and issues across jurisdictions - April 2023
The video game industry has grown exponentially in the past few years, and its popularity shows no sign of slowing down. According to some of the market researchers, in 2023 the global video game market is projected to reach revenues of over US$370 billion. The COVID-19 pandemic has been a significant factor driving the industry’s growth, as more and more people are spending time at home and looking for new forms of entertainment. Additionally, mobile gaming has become an increasingly significant segment of the video game market, accounting for over 50 percent of current global game revenues. With the advent of new trends such as the metaverse, NFTs and blockchain gaming, we are observing video game sector clients continually exploring new ways to enhance the player experience. At the same time, the legal issues of the video game sector have become increasingly complex, with a growing number of legal challenges faced by developers, publishers and distributors, with such issues as an increased interest in consumer and minor protection and its possible variation between the jurisdictions in some of the aspects such as monetization schemes. Please see full Newsletter below for more information.
Poland: Government support programmes for first-time home buyers - part II
Kontynuujemy serię artykułów poświęconych rządowym programom wsparcia młodych rodzin, czy tez szerzej, młodych ludzi, w nabyciu swojego pierwszego lokum – domu albo mieszkania. W pierwszym, otwierającym artykule serii, wskazaliśmy, że w obecnym stanie prawnym mają zastosowanie liczne instytucje prawne, wynikające z Ustawy mieszkaniowej 2021 r. i Ustawy mieszkaniowej 2022 r. W dzisiejszej publikacji przyjrzymy się bliżej instytucji kooperatywy mieszkaniowej z obowiązującej Ustawy mieszkaniowej 2022 r. oraz projektowanej instytucji bezpiecznego kredytu hipotecznego na pierwsze lokum 2 % (dalej jako „Bezpieczny kredyt 2%”), zawartej w rządowym projekcie ustawy o pomocy państwa w oszczędzaniu na cele mieszkaniowe (dalej zwane jako „Projekt ustawy mieszkaniowej 2023”). Warto już na wstępie zasygnalizować dynamikę procesu legislacyjnego w przedmiocie uchwalenia Projektu ustawy mieszkaniowej 2023 r., albowiem w dniu 23.03.2023 r. trafił do laski marszałkowskiej i został skierowany do pierwszego czytania. Aby uzyskać więcej informacji, zobacz pełną publikację poniżej. Originally published in PMR Construction Insight: Poland, April 6, 2023
Top 10 IP and TMT CJEU judgments of 2022 - What To Expect In 2023
Last year brought a number of interesting CJEU judgments that directly affect the fields of data protection, TMT and intellectual property. The decisions impact the application of current laws and give rise to new obligations for businesses. Dentons has compiled a list of the top 10 CJEU judgments that you need to know. In top position we have the dispute between Poland and the EU Parliament with regard to Online Content Sharing Service Providers. Sharing the podium are the SpaceNet and RTL Television cases, which touch upon well-known aspects of traffic and location data retention and, respectively, the transmission of television programs in hotel rooms. Other judgments deal with crucial issues such as data storage – either for creating error-detection databases or in the context of market-crime detection – cloud services as well as processing of extra-sensitive personal information. Three cases are discussed that relate to intellectual property laws, including Austro Mechana and Koch Media. Last but not least is a judgment of the General Court that is of particular interest to trademark law specialists. Please see full Newsletter below for more information.
Government film incentives - Poland - February 2023
Poland has a great cinematographic tradition. It is well known for its film school in Łódź, one of the oldest of its type. Over the years, Polish filmmakers have repeatedly set extraordinarily high standards in this branch of art. Today, the Polish film industry seems to be in full swing. Polish films are consistently screened at all major and prestige international film festivals. Poland offers modern facilities and film-making infrastructure along with versatile film-making crews that are widely recognized for their skills by foreign producers. The Polish landscape and architecture add to Poland’s attraction as a location. The guide provides an overview of cash rebates, tax allowances and other available financial incentives for audiovisual production Poland. It also provides insights into what criteria must be satisfied in order to qualify for them. Please see full Guide below for more information.
Energy price caps and other emergency interventions in the electricity market in Poland in 2023
As a sharp increase in energy prices has been observed in recent months, the Polish Parliament, following the Council of the European Union, introduced a new emergency intervention in the electricity market to protect end-users and businesses from potential harm due to the current unstable situation. Energy price caps for specific eligible offtakers, mechanisms for redistributing excess profits of energy producers and instruments promoting a reduction in electricity demand have been adopted. The new laws will have a profound impact on the electricity market in Poland and on all of its participants. Please see Publication below for more information.
Zastąpienie wskaźnika WIBOR
WIBOR is coming to an end. As we reported in our first WIBOR replacement newsletter, work on replacing WIBOR with an alternative benchmark started earlier this year. On 28 September 2022 the national working group for the reform of benchmarks announced WIRON as the alternative benchmark to replace WIBOR. What are the main features of the new benchmark? What is the timeline for the transition from WIBOR? And finally, how does this affect credit agreements and derivatives documentation? All these topics are analysed by Anna Mądra, Bartosz Jagodziński and Justyna Stelmach in our second WIBOR Replacement Newsletter. Please see Publication below for more information.
WIBOR replacement
WIBOR is coming to an end. As we reported in our first WIBOR replacement newsletter, work on replacing WIBOR with an alternative benchmark started earlier this year. On 28 September 2022 the national working group for the reform of benchmarks announced WIRON as the alternative benchmark to replace WIBOR. What are the main features of the new benchmark? What is the timeline for the transition from WIBOR? And finally, how does this affect credit agreements and derivatives documentation? All these topics are analysed by Anna Mądra, Bartosz Jagodziński and Justyna Stelmach in our second WIBOR Replacement Newsletter. Please see Publication below for more information.