Digital Revolution in Poland: Upcoming Share Dematerialization and New Obligations on the Part of Companies

    View Author January 2020

    The Act of August 30, 2019, Amending the Commercial Companies Code and Certain other Acts (the “Amendment”), which came into effect on January 1, 2020, has introduced a number of changes to commercial law, including mandatory dematerialization of physical shares in joint-stock companies and partnerships limited by shares. The mandatory dematerialization does not enter into force until 2021, yet the legislator has already imposed certain obligations on the above-mentioned companies, which are still to be met in 2020.

    The Polish version of this alert is also available to view online.