STATUTORY REGISTRATION OF ”REAL” OWNERS OF DANISH LEGAL ENTITIES
Real owners are natural persons who ultimately, either directly or indirectly, own or control a “sufficient” part of a business, i.e. people who control a particular portion of the ownership interest or voting rights or who may exercise control by other means.
A sufficient portion of ownership interest or voting rights basically corresponds to the ownership of or control over approximately 25 per cent of the company, nominally or in terms of voting rights.
However, this percentage threshold merely serves as an indication of real ownership.
One can also be considered a real owner despite having ownership interest or voting rights of less than 25 per cent. For example, this may be the case if you own 15 per cent of the capital but, at the same time, have the right to appoint board members or enjoy veto rights.
A specific assessment must be made on a case by case basis. Companies are obligated procure information about the company owners, including their rights, and use the data to establish the identity of the real owners.
The aforementioned requirement enters into force today, on 23rd May 2017. The registration deadline is 1st December 2017.
A company which fails to register its real owners faces dissolution.
PROGRAM POLAND PRIZE
Polski rząd włączył się w walkę o przyciągnięcie zagranicznych talentów technologicznych, proponując program Poland Prize adresowany do start-upów z zagranicznymi korzeniami.read more
POLAND PRIZE PROGRAMME
The government has joined the battle to attract foreign tech talent to Poland, launching a programme called Poland Prize, which is aimed at start-ups with foreign roots.read more
SHORT-TERM LEGAL CONSEQUENCES OF A 'NO-DEAL' BREXIT
Judged on the current political situation in the UK, where the parliament is split between various Brexit models and apparently unable to form a political majority for one specific ‘soft’ Brexit model as well as on the announcements from the EU that the EU is not willing to renegotiate the draft Brexit deal, which was turned down by the Houses of Parliament, the likelihood of a hard Brexit has become higher than ever.read more
2019 NADCHODZĄCE ZMIANY W PRAWIE – NOWA USTAWA O ODPOWIEDZIALNOŚCI PODMIOTÓW ZBIOROWYCH
W dniu 11 stycznia 2019 roku, do Sejmu wpłynął Rządowy Projekt ustawy o odpowiedzialności podmiotów zbiorowych za czyny zabronione pod groźbą kary.read more