We feel comfortable handling new technologies and innovative business ideas, so we are well-equipped to handle new legal developments such as the Simple Joint-Stock Company.
That's why as soon as work on the implementation of the Simple Joint-Stock Company gained momentum, we became interested in this topic at our law firm. A company that allows for easy investment in startups, simple organization of employee stock ownership plans (ESOPs), crowdfunding, or the contribution of labor in exchange for shares? That had to be a topic for us - and that's exactly how it turned out.
The Simple Joint-Stock Company is a non-public type of commercial company - a combination of a joint-stock company and a limited liability company - offering many solutions previously unavailable to Polish companies. It is distinguished, among other things, by the ability to contribute labor to share capital, create founder's shares, and include a minimum starting capital of just PLN 1 (in the case of a limited liability company, the minimum amount is PLN 5,000, and in a joint-stock company it is PLN 100,000).
PSA aims at faster development of Polish enterprises - mainly startups in the area of new technologies, but not only. Is this something for you?
WE WILL BE HAPPY TO IMPLEMENT YOUR PLANS INTO PRACTICE!
The Simple Joint-Stock Company has been in existence since July 2021, and we have already created, transformed, and even dissolved many different Simple Joint-Stock Companies. The idea behind the Simple Joint-Stock Company is consistent with the idea of our law firm - as many opportunities and practical solutions as possible with the least legal complexity.
While setting up Simple Joint-Stock Companies, we advise on what exactly to include in the company agreement, how to determine the proportion of founder's shares, or how to privilege the remaining shares. We will help you conduct subsequent share issuances, advise you on how to plan share issuance and capital increase so that investors can join your company. If you need it, we will transform your current business into a Simple Joint-Stock Company by analyzing and planning its structure for the purpose for which it is intended.
NOT SURE WHERE TO START? WE CAN HELP! WE SPECIALIZE IN:
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Simple Joint-Stock Companies
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Law in IT, Company law
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Company law and corporate services
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Company law and corporate services
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Intellectual Property Law
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Company law and corporate services
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