Legal Environment for Foreign Investments in Poland

Abstract

Free movement of capital and free movement of broadly understood goods and services has been exercised by nation states through several legal instruments which both determine and reflect a level of a given state’s openness to involvement of foreign business entities therein. Specifically, such instruments regulate an extent to which foreign firms may undertake and carry on business activities, employ people, make investments, trade in real estates, trade in foreign currencies, etc. The body of legal regulations making regulatory framework for business activity of foreign entities within a given country has been an element which defines the level of access to that specific market, the level of its internationalization and liberalization. The aim of this article is to analyze regulations of Polish law in the area of legal conditions of undertaking and running business activities on the territory of the Republic of Poland by foreign persons and businesses. The subject is especially topical nowadays, in the context of changes brought in that area by the recent Business Constitution.