Simple joint-stock company as a remedy for the problems of Polish start-ups Cover Image

Prosta spółka akcyjna jako remedium na problemy polskich start-upów
Simple joint-stock company as a remedy for the problems of Polish start-ups

Author(s): Szymon NĘDZYŃSKI
Subject(s): Commercial Law
Published by: Uniwersytet Adama Mickiewicza
Keywords: Polish start-ups; Commercial Companies Code; joint-stock company;

Summary/Abstract: The contemporary world has been dominated by new technologies. The digitization process has intensified and there is no chance that it will slow down. The new technology industry concerns all aspects of people’s lives. Such a wide range of activities and differences between each startup translate into a lot of problems in regulating such activities. Startups demand flexibility while drawing up articles of association and a possibility of subscribing for shares in exchange for contribution such as providing work or services for the company. The human factor or rather the work of a particular person (the inventor), is the key to success in this industry. However, regulations regarding partnerships are not sufficient for this kind of enterprises, because startups – due to the modern technologies they use – can increase their profitability extremally fast. Such a success is connected with enormous financial outlays, which means that partners or shareholders of the company should be guaranteed limited liability for a possible failure. Also, the existing companies do not seem to be a remedy for the problems of startups.

  • Issue Year: 2021
  • Issue No: 11
  • Page Range: 233-248
  • Page Count: 16
  • Language: Polish
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