Split payment mechanism: Apparent and hidden benefits
Businesses are not required to use the split payment mechanism. But the initiative left to them does force them to examine whether it would be worthwhile to take advantage of this new instrument. Lawmakers went to some effort to encourage taxpayers to say yes.
![Split payment mechanism: Apparent and hidden benefits](/upload/thumb/wordpress/2017/03/8_new_auto_800x800.png)
Split payment and the legal situation of financing banks
The split payment mechanism for business-to-business transactions entered into force on 1 July 2018. Introduction of this mechanism was motivated by the aim of closing gaps in the tax system. But split payment affects not only the situation of VAT payers, but also banks.
![Split payment and the legal situation of financing banks](/upload/thumb/wordpress/2017/03/185_new_auto_800x800.png)
Possible growth, but also more problems: Split payment in factoring
Factoring is growing rapidly in Poland. According to the Polish Factors Association, the value of receivables that are the subject of factoring is growing year on year by an average of 18%. Introduction of split payment may strike at the financial liquidity of firms seeking financing, but it may also drive growth in the factoring industry. But every rose has thorns. Split payment complicates factoring transactions and introduces new risks for factors.
![Possible growth, but also more problems: Split payment in factoring](/upload/thumb/wordpress/2017/03/247_new_auto_800x800.png)
Green light for autonomous vehicles in Poland?
Will the amendment to the Road Traffic Law draw investors wishing to test autonomous vehicles in Poland?
![Green light for autonomous vehicles in Poland?](/upload/thumb/wordpress/2017/03/284_new_auto_800x800.png)
Important changes affecting companies registered in Poland
On 15 March 2018, the Act of 26 January 2018 amending the National Court Register Act and certain other acts came into force. Some of its provisions will come into force subsequently successively up until 1 March 2020.
![Important changes affecting companies registered in Poland](/upload/thumb/wordpress/2017/03/55_new_auto_800x800.png)
As of 15 March 2018, does at least one management board member have to have a PESEL number?
Concerns about amendment to the National Court Register Act
![As of 15 March 2018, does at least one management board member have to have a PESEL number?](/upload/thumb/wordpress/2017/03/79_new_auto_800x800.png)
Who must conclude a written contract for supply of agricultural products?
Long-awaited regulations limiting the scope of the duty to conclude written contracts for supply of agricultural products went into force on 22 August 2017. Under the new rules, the requirement for written contracts applies only to supplies of defined groups of agricultural products from farmers operating in Poland.
![Who must conclude a written contract for supply of agricultural products?](/upload/thumb/wordpress/2017/03/107_new_auto_800x800.png)
New approach to pursuing private claims for damages for infringement of competition law
An act seeking to strengthen the position of private claimants seeking damages for violation of competition law entered into force in Poland on 27 June 2017. A wave of articles have washed through the legal and business press with nearly identical titles stressing that it will be easier to win damages for losses caused by anticompetitive arrangements. But is that really the case? It will certainly be easier to try.
![New approach to pursuing private claims for damages for infringement of competition law](/upload/thumb/wordpress/2017/03/233_new_auto_800x800.png)
Pharmacies for pharmacists—but what about patients?
The amendment to the Pharmaceutical Law adopted under the slogan “pharmacies for pharmacists” entered into force on 25 June 2017. What are the strict regulations supposed to protect pharmacists against: a shortage of customers, or excessive expansion of their own business? How will this amendment function, and is there another one ahead under the slogan “pharmacies for patients”?
![Pharmacies for pharmacists—but what about patients?](/upload/thumb/wordpress/2017/03/153_new_auto_800x800.png)
Combating corruption as a legal obligation of enterprises
A new law introducing an obligation to establish anticorruption compliance procedures entered into force in France on 1 June 2017. The impact of the law may be broader than it might seem at first glance.
![Combating corruption as a legal obligation of enterprises](/upload/thumb/wordpress/2017/03/222_new_auto_800x800.png)
Will public entities be more willing to settle disputes?
The “Creditors’ Package,” an overhaul of numerous acts, entered into force on 1 June 2017. Among other changes, it authorises public finance units to conclude settlements when certain conditions are fulfilled. This creates the hope for a more flexible attitude of public entities, open to dialogue with the private sector. But will this actually be achieved?
![Will public entities be more willing to settle disputes?](/upload/thumb/wordpress/2017/03/10_new_auto_800x800.png)
Longer period for reopening civil proceedings
Under regulations in force from 15 February 2017, reopening of a civil proceeding ended in a legally final judgment can be sought within 10 years after the judgment became legally final. The previous regulations provided for a 5-year period for seeking reopening of proceedings.
![Longer period for reopening civil proceedings](/upload/thumb/wordpress/2017/03/11_new_auto_800x800.png)