See more in categories >>

Summary of the Anti-Crisis Shield project

In the context of solutions important for the commercial real estate industry, the following should be mentioned:

  • maintaining the provision providing for reduction of rent by 90% for tenants in large-scale commercial facilities whose activities have been prohibited or restricted due to the declared state of epidemic threat or epidemic state;

  • partial lifting of the Sunday trading ban in the part relating to stockpiling;

  • postponement of the payment deadline fees for perpetual usufruct for 2020 until 30 June 2020;

  • giving municipal councils the option to change the deadline for payment of property tax;

  • temporary suspension of the rules selective waste collection.

 

Additionally, the project provides for:

  • support mechanisms for employers and employees – salary subsidies, exemption from social security contributions, possibility of introducing flexible working hours;

  • introducing the possibility for micro-entrepreneurs to benefit from loans up to PLN 5,000;

  • granting the Minister of Finance the opportunity to shifts in reporting obligations arising from the Accounting Act;

  • suspension of court deadlines;

  • suspension, ex officio or upon request, tax proceedings and audits.

 

The project is to be adopted by the Council tomorrow. Sejm, most likely on Monday by Senate, and is to be signed by on Tuesday President of the Republic of Poland, so that the provisions contained in the draft can enter into force from April 1, 2020.

 

The anti-crisis shield consists of projects concerning:

  • financial support and assistance instruments for employers and employees;

  • financial support for the health service;

  • principles of providing assistance by the National Economy Bank and the Polish Development Fund;

  • regulations on public aid and the restructuring of entrepreneurs.

 

The projects are available at the following addresses:

http://orka.sejm.gov.pl/Druki9ka.nsf/dok?OpenAgent&9-020-123-2020

http://orka.sejm.gov.pl/Druki9ka.nsf/dok?OpenAgent&9-020-124-2020

http://orka.sejm.gov.pl/Druki9ka.nsf/dok?OpenAgent&9-020-125-2020

http://orka.sejm.gov.pl/Druki9ka.nsf/dok?OpenAgent&9-020-126-2020

 

We will monitor further work on this project, in particular in the context of the possibility of introducing amendments at the parliamentary stage of legislative work.”