GWW supported ZPP in developing a position on the draft Family Foundation Act

GWW supported ZPP in developing a position on the draft Family Foundation Act

4.05.2021

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.

We use cookies to tailor our services to individual needs of the users. If you continue to use this service, cookies will be stored in the device memory. More information about cookies as well as complete information on the rights and obligations imposed upon entering of the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (GDPR) into force is available in our Privacy Policy.

cookie consent