Newsletter No. 4 | 2023

Small Taxpayers – or Slim VAT 3

On 1 June 2023, the President signed into law the Act Amending the Value Added Tax Act and Certain Other Acts of 26 May 2023. The main objective of the act, known as the “Slim VAT 3”, is to further...

A family foundation may be an interesting solution in the context of succession

Family foundations, which have been available, in theory, since May of this year, are primarily intended to solve succession issues when the death of a business owner meant successors had to go through complicated and lengthy succession proceedings, which in...

Whistleblowers – is it time to implement changes?

Although legislation requiring the implementation of whistleblowing procedures is still pending, there is no need to wait for the changes to be implemented. It is possible that changes will be enacted in the autumn and it is also very likely...

Adoption of resolutions by the management board of a limited liability company

The management board of a limited liability company is, in principle, a collegiate body. Unless the articles of association provide otherwise, each member of the management board has the right and duty to manage the business of the company. “Managing...