Reporting on tax schemes has been in force since January 1, 2019, and many entities are still not prepared for them. In addition, the Ministry of Finance plans further changes in the regulations. Get ready for it with us.
The taxpayer white list already exists. Check if your company details and contractors’ details are current. Lack of current data may be associated with a delay in receiving payments from the contractor and with joint and several liability for tax obligations of the entity with which you make transactions.
From November 1, 2019, the provisions amending the split payment mechanism will enter into force. From this date, certain types of transactions will only be regulated through the split payment mechanism. Check if the obligation to pay to a separate VAT account also applies to you.
Ferretti Bębenek & Partners advised the Japanese investor Saraya.Co.Ltd in Osaka and companies from its group on the acquisition of a majority stake in V. Laboratories sp. z o.o. in Warsaw (Company), which for the purposes of the transaction was previously transformed from a limited partnership into a limited liability company.
As part of the transaction, a special purpose vehicle SARAYA EAST EUROPE Sp. z o.o. in Warsaw acquired 51% shares in V. Laboratories Sp. z o.o., and also entered into an investment agreement with the Company, its shareholders and the company from the investor group Saraya Hong Kong Co., Limited in Hong Kong. The Company specializes in the production of cosmetic and hairdressing products.
As part of the advisory, Ferretti Bębenek & Partners supervised the legal and tax side of the transaction, developed and negotiated transaction documentation, investment agreement and amendments to the Company’s Articles of Association resulting from the arrangements made during the negotiations.
On behalf of Ferretti Bębenek & Partners, the transaction was carried out by managing partners of Avv. dr Giovanni Ferretti, tax advisor Paweł Bębenek and lawyers of the firm: attorney-at-law Damian Kostur LL.M., tax advisor Paweł Greszta and tax advisor Tomasz Stanek.
We are very pleased to announce that in Katowice we have established a branch of our law firm. The office located in the city centre has been operating since the beginning of May. Also, some time ago, in cooperation with our strategic partner Sercam Advisory, we opened an office in Rome, which is another Italian branch of the Chancellery after Alba Adriatica. To get acquainted with the locations of our branches, please visit the “CONTACT” tab.