Events
16:09 27 March 2023
Post by: WBJ

10th International Congress of Family Businesses focuses on the Family Foundation Act

The 10th International Congress of Family Businesses took place in Poznań, Poland from March 20-21, 2023. The event, organized by the Institute of Family Business, focused on the new legislative solution, the Family Foundation Act, which will be available to family businesses after May 22, 2023. The theme of the conference was "Family Foundation - Between Hope and Reality".

10th International Congress of Family Businesses focuses on the Family Foundation Act
Source: Congress of Family Businesses

During the conference, experts from the Institute boldly addressed topics related to the new legislative solution. All panel discussions, workshops, and lectures were dedicated to closely examining the proposed solution. With a new format enriched with expert summaries and a discussion forum, participants had the opportunity to ask questions, engage in discussions, and talk about current situations, issues, and challenges facing entrepreneurs.

The new legislative changes will require a thorough understanding of the perspective of family entrepreneurship and the laws governing the company and family. To address this, the Institute premiered the publication, "Family Foundation for Multigenerational Family Businesses." The book is the result of the cooperation between Institute experts, Dr. Adrianna Lewandowska and Professor Jacek Lipiec, with a team of lawyers, Michal Gniatkowski, Piotr Andrzejczak, and Joanna Wierzejska.

The book provides a practical guide for family businesses that want to consider starting a family foundation but don't know where to begin. It covers various aspects related to family foundations, such as their purpose and mission, management structure, statutes, procedures, and legal and tax issues. The publication is a personalized, informative guidebook for family businesses, including expert comments and the merits of preparing to establish a family foundation.

The Family Foundation Act has been eagerly awaited by Polish family businesses, and the Institute's efforts to provide accurate, relevant, and timely information about this new legal solution have been well-received. With the premiere of the book and the new format of the congress, participants left with a wealth of knowledge and the tools they need to consider and establish a family foundation.

More information on the Congress of Family Business website.

Source: WBJ


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