The decision on changes to the composition of the Board shall be taken by the meeting of the member The number of members of the Management Board and the size of the rights of representation of the members of the Management Board shall be in accordance with the The Management Board shall be appointed for an indefinite period, except where the articles of association provide for a specified period of time. A member of the Management Board shall be deemed to have been appointed at the time of the meeting of the members, unless the decision provides for a later date of entry into office.

We point out that, according to the Commercial Law, members/shareholders have the right to participate and vote at the meeting remotely or to vote before the meeting. Read more in the Explanatory to Remote Participation in Meetings of Members, Shareholders and Members.

Documents to be submitted:

• application form KR18 (to be certified by signatures - or notarised or by a secure e-signature to be submitted electronically);
• minutes or decision of the meeting of participants (to be certified by signatures - or notarial, or by a secure e-signature to be submitted electronically);
• approval of a member of the Management Board to take office (not required if consent is included in the application) (must be certified by signature - or notarial, or by a secure e-signature to be submitted electronically);
• notice of leaving the office of a member of the Management Board if he has resigned himself;
• a receipt or a copy thereof, or a printout of an online bank payment, or information regarding the payment of the State fee.

Deadline for the submission of documents to the Enterprise Register: 14 days from the adoption of the decision

View information on how to become an official and administrative member of the merchant, as well as on their duties and authorisation.