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Implementation of EC Directive 2005/56/EC on Cross-Border Mergers

21 June 2008

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Approved Changes

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Poland

On 6 May 2008, Poland's President signed the bill amending the Code of Commercial Companies. The bill implements provisions of the EC Directive 2005/56/EC on Cross-Border Mergers of Limited Liability Companies and provides a legal framework to enable cross-border mergers between Polish companies and other EU or EEA companies. The companies qualifying for the cross-border merger under the amended Code are: -   limited liability company (spólka z ograniczona odpowiedzialnoscia, Sp. Z.O.O.); -   joint-stock company (spólka akcyjna, S.A.); and -   limited joint-stock partnership (spólka komandytowo-akcyjna, S.K.A). The new provisions will enter into force 30 days after the publication...