AMENDMENTS TO THE NATIONAL COURT REGISTER ACT – WHAT DO THEY MEAN FOR BUSINESSES?
The amendment to the National Court Register (KRS) Act introduces significant simplifications to how the register operates. The most important change concerns the abolition of the mandatory publication of entries in the Court and Commercial Gazette (Monitor Sądowy i Gospodarczy). For businesses, this means faster legal effectiveness of registered changes – and less red tape.
NO MORE GAZETTE – KRS ENTRY IS SUFFICIENT
Until now, entries in the register of entrepreneurs were subject to mandatory publication in the Court and Commercial Gazette. Only from the date of publication could no one claim ignorance of the entry’s content. In practice, this caused delays and additional costs. Following the amendment, the entry in the Register itself will be sufficient. From the date of entry, it becomes effective against third parties. The exception applies to transactions made before the sixteenth day from the entry – in such cases, a counterparty may demonstrate that they could not have known about the entry’s content.
WHAT DOES THIS MEAN IN PRACTICE?
The changes will accelerate commercial transactions. New board members, changes in ownership structure, or data updates will take effect more quickly. This is particularly good news for companies operating dynamically – in the investment sector, industrial sector, or in transactions involving foreign capital. However, it is worth noting that certain categories of entries – such as tax identification number (NIP), statistical number (REGON), or electronic delivery address – will still be entered automatically and will not be subject to publication. Similarly, entries regarding suspension or resumption of business activity remain exempt from fees and publication requirements.
VOLUNTARY ANNOUNCEMENTS IN EU LANGUAGES
The amendment maintains the option of voluntary publication of entry information in any official language of the European Union. For companies with foreign capital – including Asian investors operating in Poland – this is a practical solution facilitating communication with foreign partners and institutions. However, in case of discrepancies between the content of an entry in Polish and a voluntary announcement in another language, the Polish version remains binding.
SUMMARY The amendments to the KRS Act represent a step toward digitalization and simplification of registration procedures. Entrepreneurs gain faster effectiveness of entries and lower administrative costs. At the same time, it is important to ensure that changes in company structure are reported promptly – from the moment of entry, counterparties may rely on its content. Jędrzejewska Jędrzejewski Attorneys at Law Partnership supports entrepreneurs in ongoing corporate services – from establishing companies, through KRS changes, to comprehensive investment support. If you need assistance in adapting to the new regulations or are planning changes to your company structure, please contact us.
