Andrzej Duda signs the law introducing Simple Joint Stock Company

President Andrzej Duda has signed the amendment to the Code of Commercial Companies and a few other acts. The amendments mean an introduction of the Simple Joint Stock Company – a flexible model of business activities aimed at reinforcing the development of start-ups and increasing their competitiveness.
Andrzej Duda assessed that start-ups are a crucial element of the Polish economy, including the Polish labor market.
“This idea is our way to increase employment opportunities in Poland. I hope that many young people will have the courage to take advantage of the new business model,” the president said.
The Act comes into force on March 1, 2020.
(300GOSPODARKA)