New industrial law by the Council of Ministers

The Council of Ministers of the Republic of Poland has adopted a draft law on the activation of the shipbuilding industry and the production of complementary industries, submitted by the Minister of Finance. The bill allows shipbuilding companies to prefer regulations related to VAT and special economic zones, which should encourage entrepreneurs to rebuild the Polish shipbuilding industry. The law will apply from January 1, 2017. Earlier, the government presented a draft law, which was to contribute to the activation of the shipbuilding and complementary industries. It was a commitment made by Prime Minister Beata Szydło in a policy statement, which announced the economic operations to support those industries.