Best prices Special offers for members of the PWE book club The cheapest delivery
Dr Michał Bieniak
ORCID: 0000-0002-8353-2453

An attorney with a PhD in law. He is the author of over 40 publications in Polish and English, mainly on company law, the law of obligations, civil procedure and history of law, and one of the co-authors of commentaries to the Code of Commercial Companies and Partnerships and the Banking Law. For several years now Michał Bieniak has been a lecturer on civil law and civil procedure as part of the training for trainee attorneys organised by the Warsaw Bar Association.

DOI: 10.33226/0137-5490.2023.5.3
JEL: K20, K22

limited joint-stock partnership has been reintroduced into the Polish law for over 20 years now. Despite the passage of time, this form of conducting business still appears to be undervalued in practice, particularly after the change in tax regulations at the beginning of 2014. In fact, it may prove to be an attractive form of a company for family businesses, some start-ups and liberal professions. At the same time, the legal regulations governing this company have hardly been modified since the Code of Commercial Companies and Partnerships came into force. Therefore, what is needed are just few interventions to remove certain regulatory shortcomings and ambiguous regulations that nonetheless substantially affect the company's operation. The aim of this article is to indicate the possible applications of a limited joint-stock partnership in business practice and to formulate postulates de lege ferenda.

Keywords: limited joint-stock partnership; Code of Commercial Companies and Partnerships