RSM Poland



Self-isolation: the employer’s and employee’s perspective

9 October 2020
Julita JANUSIEWICZ HR & Payroll Assistant at RSM Poland In the wake of the outbreak, many questions were asked about how employers are supposed to keep the workplace safe. As the number of COVID cases continues to grow, more and more doubts are being raised. What are the rights of the employer, and those of the employee? How can an organisation transform its work rules in order to cope with the new reality? It is a good idea to gain some insight into self-isolation, because I have a feeling...

Anti-crisis shield 4.0 – learn about changes affecting employers and employees

29 June 2020
The effects of the COVID-19 epidemic are noticeable in all economic sectors across the country. Since the beginning of the epidemic, the government has been working on solutions to help entrepreneurs save jobs. Below we present the latest solutions for mitigating the effects of the epidemic on employers and employees, introduced by the "Anti-crisis shield 4.0."[1].   Additional care allowance for parents of children under the age of 8 has been extended until July 12 Additional care allowance...

Anti-crisis shield 3.0 adopted by the Sejm

4 May 2020
On Thursday, 30 April 2020, the Sejm adopted the latest amendment to the Anti-crisis shield. The most important changes include a capital injection from the Industrial Development Agency, increased protection of borrowers, a new levy to be paid by VoD providers and the expansion of the group of self-employed persons eligible for exemptions from social insurance contributions. Funds obtained by the Industrial Development Agency will be spent on public support for entrepreneurs that will not...

Green light for remote meetings and adoption of resolutions by companies’ governing bodies

23 April 2020
The Anti-crisis shield is to counteract the crippling effect of the current, extraordinary situation related to COVID-19 and the resulting state of emergency on holding meetings and adopting resolutions by the governing bodies of limited liability and joint stock companies. READ THE FULL ARTICLE WANT TO KNOW MORE? Subscribe to RSM Poland Newsletter to stay up-to-date on all legal, financial and tax matters. Benefit from the expertise of our professionals. Subscribe Should you have any questions...

Central Register of Beneficial Owners – changes for businesses due to COVID-19?

23 April 2020
The Polish government, in order to accommodate businesses, including commercial companies, by the Act of 31 March 2020 amending the act on special measures related to preventing, counteracting and combating COVID-19, other infectious diseases and resulting states of emergency and certain other acts (Journal of Laws of 2020, item 568), has extended the time limit for reporting information on beneficial owners in the Central Register of Beneficial Owners by three months. According to the original...

Sale of a company during the epidemic-related crisis

22 April 2020
The M&A transaction market is subject to business cycles. As it depends on the current situation of a business, there may be some ups and downs. Recently, due to the SARS-COV-2 pandemic and the emerging global economic crisis, company owners who planned to sell their businesses are now beginning to question the idea: does it make sense to sell a business at the time of a crisis? READ THE FULL ARTICLE WANT TO KNOW MORE? Subscribe to RSM Poland Newsletter to stay up-to-date on all legal,...

Shield 2.0 (signed by the President)

22 April 2020
On Friday (17 April 2020), the Polish President, Andrzej Duda, signed the so-called Anti-crisis shield act on special support measures due to the spread of SARS-CoV-2. The act has officially been called the Anti-crisis shield 2.0. The most interesting solutions under the Anti-crisis shield 2.0 include: Labour law Companies employing between 10 and 49 employees as at 29 February 2020 will be eligible to benefit from the 3-month period (i.e. from 1 March to 31 May 2020) of exemption from 50%...

Preserving organizational assets, particularly during the Coronavirus pandemic

17 April 2020
Currently, we are experiencing a rolling crisis in Poland and worldwide – a crisis we have never encountered before. First and foremost, this is a health crisis, but as a result of government directives to stay at home as much as possible, it has significantly affected our business life. READ THE FULL ARTICLE WANT TO KNOW MORE? Subscribe to RSM Poland Newsletter to stay up-to-date on all legal, financial and tax matters. Benefit from the expertise of our professionals. Subscribe Should you have...

Impact of the coronavirus pandemic on financial statements

17 April 2020
The coronavirus pandemic is spreading quickly. Every day the media present us charts showing the growing number of reported cases and deaths, both on a global and local scale. The crisis is sure to come and will significantly affect business, due to decrease in production, trade or consumption and restrictions on traveling. It should be expected that the economic effects will considerably impact the financial situation of companies and thus company accounting and reporting. For sure will vary...

How to take care of cybersecurity while working remotely in the new reality

16 April 2020
The situation with which we are currently dealing calls for an entirely new approach to the management of business organisations and their assets. Whether these changes will be successful, and thus the business organisation will survive, strongly depends on our ability to agilely organise business processes and help employees switch to the new way of working. Due to constant changes and companies’ inability to plan the entire process in detail, organisations have become exposed to cyber risk to...