GENERAL OVERVIEW According to the World Bank’s data the People’s Republic of China (further “China” or “PRC”) is currently the second world’s largest economy (GDP ranking) with economic ambitions exceeding the Asian region. PRC already expands its influence in Africa and Latin America by concluding numerous trade agreements. And what about Europe? From the Chinese point of view the economic crisis that preoccupies Europe seems an opportunity rather than an obstacle. Now, the question […]
M&A transactions are in general one of the most complicated business transactions. They very often involve complex business, legal and tax issues the parties have to deal with. In order to increase tax, risk and business efficiency of M&A transactions, the entrepreneurs quite frequently design such deals to involve limited joint-stock partnerships as SPVs. According to Polish Commercial Companies Code, a limited joint-stock partnership is a commercial partnership without legal personality with two kinds of […]