Legal Differences Between Shareholders and the Management Board in a Limited Liability Company (Sp. z o.o.) in Poland
(Author: Kacper Warzecha, Legal Counsel. Edited by CT) A limited liability company (spółka z ograniczoną odpowiedzialnością, sp. z o.o.) is one of the most popular forms of conducting business activity in Poland. Polish Commercial Companies Code precisely defines the roles and responsibilities of two key groups within such a company: shareholders, who are its owners,…