GWW supported ZPP in developing a position on the draft Family Foundation Act
GWW supported the Union of Entrepreneurs and Employers (ZPP) in developing a position on the draft Family Foundation Act. Comments concerned:
- Taxation
- Liability of a family foundation for founder's obligations
- Multiple founders
- Exclusion of legal entities from being a founder
- Composition of the foundation's board of protectors and management board
- Prohibition of conducting business activities by the foundation
- Annual audit of the family foundation
- Administrative control by the National Revenue Administration
- Restrictions on possibility of shaping corporate governance
The comments made can be read at: https://zpp.net.pl/wp-content/uploads/2021/04/26.04.2021-Stanowisko-ZPP-ws.-projektu-ustawy-o-fundacji-rodzinnej.pdf
The following lawyers from the private client advisory team were involved in the work: Aldona Leszczyńska-Mikulska, Tomasz Krzywański, Jan Wnorowski.
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