The New Limited Liability Company - 5th updated edition

The publication comprehensively presents the limited liability company in its current form – Changes in legislation, the development of case law and the shift in legal theory are taken into account, from a legal, tax and accounting perspective.

There have been a number of changes to the law governing limited liability companies and related regulations since the last edition (2021) of this publication. The law on the registration of beneficial owners has come into effect, which sanctions irregularities in the registration, among other things. a ban on the distribution of profits or a ban on the exercise of voting rights. The amendment to the Business Corporations Act then brought new conditions for the performance of the function of a managing director and the related extensive information obligation of the (future) managing director and the establishment of a register of excluded persons. It is also worth mentioning the amendment to the Notary Code, which, among other things, made it possible to establish a limited liability company via video conference. Further clarification was then made in the so-called hundred-euro companies, i. e. “ " simplified companies", which can be established at lower costs if the conditions are met. At the same time, the highest judicial authorities have adopted a number of decisions that further contribute to clarifying unclear issues of legal regulation, and legal theory has not been idle either. The current edition of the publication takes into account all of the above changes, with emphasis on clarity and comprehensibility.