Commercial Proxy (PROKURA) in a Company: Everything You Need to Know

Commercial Proxy — Definition and Legal Characteristics

 

A commercial proxy is a special type of power of attorney under Polish law. It may be granted only by an entrepreneur registered in CEiDG or KRS. By granting a commercial proxy, the entrepreneur authorizes the proxy holder to act on their behalf in both judicial and extrajudicial matters connected with the operation of the business.

 

Form of Granting

 

A commercial proxy must always be granted in writing under pain of nullity (ad solemnitatem). Furthermore, the creation or termination of a commercial proxy must be reported to the relevant business register (CEiDG or KRS). The notification must specify the type of commercial proxy, and in the case of a joint proxy, the manner of its exercise.

 

Scope of Authority and Limitations

 

A commercial proxy holder may represent the entrepreneur in nearly all legal and business matters. However, certain actions require a separate, specific authorization:

  • selling the enterprise,
  • leasing or transferring the enterprise for temporary use,
  • selling or encumbering real estate.

 

Types of Commercial Proxy

 

Depending on the company’s structure and needs, different types are available:

  • Sole (individual) commercial proxy — the proxy acts independently, which allows for quick decision-making but may carry higher risks.
  • Joint commercial proxy — requires two or more proxies to act together. This provides greater control but may slow down decision-making.
  • Branch commercial proxy — limited to matters connected with a specific branch of the business.

 

Eligibility and Transferability

 

Only a natural person with full legal capacity may be appointed as a commercial proxy.

 

A commercial proxy is non-transferable — the proxy cannot transfer it to another person or issue a general power of attorney. They may, however, grant a special power of attorney for specific actions.

 

Termination and Revocation of a Commercial Proxy

 

  • A commercial proxy may be revoked at any time by the entrepreneur.
  • It also expires in the event of:
    • deletion of the entrepreneur from the register,
    • declaration of bankruptcy, commencement of liquidation, or restructuring,
    • death of the proxy or appointment of a court guardian,
    • as expressly regulated by the Civil Code.

The entrepreneur’s loss of legal capacity does not automatically terminate the commercial proxy.

 

Conclusion

 

The commercial proxy is a valuable legal tool for day-to-day business management. It grants wide-ranging authority while maintaining certain safeguards. Choosing the right type (sole, joint, or branch) and properly registering it ensures flexibility, security, and compliance.

 

Contact SKLAW  – together we will find a solution tailored to your business. We offer comprehensive legal support in establishing, implementing, and monitoring prokura (commercial power of attorney). Our approach is flexible – we adapt the appropriate authorization model to the specific needs of your company. Our experience ensures not only effectiveness, but also the legal security of the solutions we implement.

 

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