The joint stock company is a legal entity. The company is formed by one or more persons. The share capital is at least 100.000 PLN and the nominal value of shares is not less than 0,1 PLN. Shareholders are not liable for any loads of the company, while the company itself is responsible for all debts with its whole property. One of the key advantages of a joint stock company is the ability to raise capital on the capital market by issuing shares and bonds.
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