22.02.2017

Transparent joint-stock companies with their own websites.

Each joint-stock company (there are nearly 10,000 in Poland) must have an internet domain and keep it updated – this arises from the new project prepared by the Ministry of Justice. The Ministry argues that thanks to the the new regulations, the business will be more transparent.

At the moment, all data about companies is included in The National Court Register (KRS) and in the Monitor Sądowy i Gospodarczy (MSiG). Everyone can access these publications however in most cases it can be time-consuming and unhandy.

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OPINION

The planned changes shouldn’t cause bafflement

Artur Piechocki, legal advisor, arbitrator at the Court of Arbitration for the Internet Domains at PIIT

The obligation of having the own website is not unusual in time when staying in business trading is connected with any form of open relations with other economic operators.  An easier identification of a website is a certain demand. There are many publicly accessible registers comprising information about companies, inter alia: KRS (National Court Register), internet domain list of subscribers or publication/information obligations arising from the art. 206 and 374 of the Polish Code of Commercial Companies (KSH). In general, information about companies is already available in the Internet. The aggregation of the key information in one place managed by the company shouldn’t be surprising. It helps to eliminate the websites that have out-of-date information or the websites dedicated to make a cybercrime impersonating of other companies. On the other hand, this obligation may cause problems for the companies and generate additional costs for creating and maintaining the websites.

Edited by: Patryk Słowik (DGP)

The publication is available at: http://prawo.gazetaprawna.pl/artykuly/1021583,spolki-obowiazek-informowania-na-stronach-internetowych.html