The Ministry of Economy has prepared a draft Law on Amendments to the Company Law, which is scheduled for public debate to be held in the period 10-29. October.
The draft provides for the following:
- detailed regulation of the treatment of own shares (application from 1.4.2020)
- the possibility of distributing retained earnings to employees (Article 270)
- increasing the threshold for remuneration of members of the board of directors, that is, the executive and supervisory boards from 3% to 5% of shares within the business year (Article 282)