Every June, we host the Board of the Polish-Ukrainian-Canadian KALYNA Scholarship Foundation. And every year, we come away from that meeting feeling that what we do truly matters. That even amid growing global turbulence and unease, our shared endeavours – large and small, step by step, year after year – are genuinely changing the world. And have been for eight years now.
The past year has brought a series of enforcement actions that clearly signal a tightening approach by the Polish customs and revenue authorities towards breaches of the sanctions regime. Importantly, businesses should already be preparing for further changes, as the European Union has announced its 21st sanctions package and updated the list of designated persons and entities. We examine the key developments and offer guidance on how to minimise the risk of non-compliance.
On the occasion of another anniversary of Russia’s attack on Ukraine, the Polish legislature decided to tighten regulations on economic cooperation with Russia and its allies.
The third year of the war is also the third year that our Ukrainian Desk has been working to support the Ukrainian economy and strengthen Polish-Ukrainian relations. The cornerstones of this work are balance and dynamism. We create solutions that build not only our clients’ businesses, but also lasting bridges of understanding and foundations for future post-war reconstruction.
While most seem to be waiting for the ‘golden moment’, informed investors are already spotting unique opportunities to buy strategic properties in prestigious locations that are discounted by up to half the price and still available.
The whole civilised world unequivocally supports the rebuilding of a new, strong, European and democratic Ukraine. And when that reconstruction does take place, it will be a challenge on an unprecedented scale.
The Jessup International Law Moot Court Competition is the Olympics of lawyers.
Ukraine needs continued, stable and consistent support on many levels.
Europe must not waver in its support for the Ukraine and its people.
Any small and medium-sized enterprise wishing to file a trade mark and/or design application can be reimbursed up to EUR 1,000.
We are together, to create a community whose permanence we will defend. A community built on shared experiences and shared plans for the future.
More than 250 entries from 120 companies and law firms, and only 27 awards to give out. We are in the finals of this year’s largest and most important competition in the European legal market.
The entire civilised world is helping Ukraine in its fight against the aggressor. Because this is our common challenge – to withstand and repel further attacks, while systematically strengthening and building a new, stable and strong security system encompassing the whole of Europe.
The SME Fund, a joint project of the European Commission and the EU Intellectual Property Office (EUIPO), is open for applications for targeted funding until 8 December 2023.
During the recent Korea-Poland Economic Forum, important declarations regarding planned investments were made and details of ongoing projects were also presented.
Each June, the Rzeczpospolita Law Firm ranking sums up what Polish law firms have been up to over the past 12 months.
The issue was targeted at Japan’s financial institutions and the funds to be raised will be earmarked for the BGK Aid Fund. This fund was established under a Polish statute to support Ukrainian citizens in connection with the ongoing war.
In today’s edition of Puls Biznesu Jakub Krysa explains how the process of rebuilding Ukraine is going and to what extent Polish companies are involved.
We have been talking about the necessity of post-war reconstruction in Ukraine from the very beginning. And always concretely.
Withholding tax (“WHT”) is applicable to taxable persons paying both PIT and CIT, and applies to monies paid to foreign entities.
Our thanks to the more than 150 Ukrainian companies who attended the meeting in our office or online. We stand by you!
Join us for a panel discussion where we will talk about real business case studies.
Ukraine’s post-war reconstruction could cost up to USD 750 billion.
Since the first days of the war, Japan has supported Ukraine on an inter-state level as one of its main allies in Asia. In the last eight years the assistance of Japan to Ukraine constituted over 7 billion USD, out of which 700 million USD were allocated in the last year.
Ukrainian business in the new reality – war brings challenges, victory brings opportunities
According to analysts and economic experts, Ukraine could eventually suffer losses of up to EUR 1.3 trillion in 2014-2026. Assuming a favourable scenario under which the Russian Federation would pay war reparations, it will still not have sufficient financial capacity to cover even a greater part of this amount. Therefore, the priority for Ukraine should be strategic economic cooperation with European Union Member States.
The IT Committee is a new initiative of the Polish-Ukrainian Chamber of Commerce, and is chaired by Markiyan Malskyy – Head of our Ukrainian Desk. Markiyan has voiced his intent to make the Chamber a platform for cooperation between Polish and Ukrainian IT companies and associations, and in line with this we can expect a variety of meetings and industry events for members.
For a new Ukraine, the reconstruction of housing and infrastructure are believed to be the main areas of development. 44.8 million sq.m. of residential property, 300 bridges and over 40 railway bridges are already lost or destroyed. 779 medical facilities and 1371 institutions of secondary and higher education, 690 kindergartens are destroyed or under occupation.
On 8 July 2022, we hosted the annual meeting of the Council of the Polish-Ukrainian-Canadian Kalyna Scholarship Foundation, which we have supported since its inception.
Nearly 24,000 kilometres of roads, end to end measuring ca. 60% of the Earth’s equator in length, hundreds of bridges, thousands of buildings and tens of thousands of cars – this is only a partial account of the destruction inflicted so far on Ukraine by Russian forces. But although the war in Ukraine has not stopped since 24 February 2022, the prospect of a post-war reality cannot be ignored, and so ways of rebuilding the country should be considered.
During our event we will discuss how Ukrainian business can enter the Polish market, and make the most of the welcoming business environment and diversify into new markets. There are plenty of options in Poland, which are readily suited to Ukrainian businesses.
On 25 May 2022, we organised an expert event to present Ukraine’s most urgent needs in the context of its reconstruction, which are huge, with the Ukrainian economy being in need of USD 5 billion every month.
The Russian aggression in Ukraine has many people enquiring about the possibility of holding the Russian Federation accountable for the acts it has committed in the territory of Poland’s eastern neighbour. Yet, at this stage, what should be considered is not only the actual accountability, but also the ontological fact of the existence of liability, which is an inherent condition for the existence of law.
Russia is waging a barbaric war in Ukraine. We are in admiration of the courage of the authorities and the Ukrainian soldiers, and watch with attention and respect the efforts that have already begun to rebuild the country and the cities and businesses that have been destroyed. As a sign of our new strategy and solidarity with Ukraine, we have decided to establish a Ukrainian Practice (Ukrainian Desk).
Can Contracting Authorities subject to the Act of 11 September 2019 – Public Procurement Law (“PPL”) award contracts for the purpose of assisting Ukrainian nationals without the application of this act? What categories of Contracting Authorities and which contracts related to assistance for Ukrainian citizens are exempted from the PPL under the Special Law? Do Contracting Authorities need to comply with any additional formalities in connection with the award of public contracts exempted from the application of the PPL on the basis of the Special Law? Alert authored by Jakub Krysa.
Q&A
We encourage you to read the full alert authored by Agata Dziwisz, Partner, and Head of the Tax Practice at Kochański & Partners. Should you have any questions on this or any other matters, please contact us directly.
The President of the Republic of Poland signed the Act on Assistance to Ukrainian Citizens in Connection with the Armed Conflict on the Territory of Ukraine.
