1. Going Global - Business Opportunities in Poland December 7, 2007 1 GOING GLOBAL – BUSINESS OPPORTUNITIES IN POLAND CONFERENCE Emirates Stadium December 7, 2007 Artur Swirtun, Partner Magnusson Dobra 56/68, 00-312 Warsaw, Poland Switchboard: +48 22 55 27 555 Direct: +48 22 55 27 549 E-mail: artur.swirtun@magnussonlaw.com

2. Going Global - Business Opportunities in Poland December 7, 2007 2 Magnusson: Background Artur Swirtun Partner and member of the management board of Magnusson More than 10 years of experience in Poland The firm The team has been operating in Poland since 1996 Full-service independent law firm Other offices: Sweden, Denmark, Russia Recommended by independent benchmarking publications (Chambers & Partners, Legal 500)

3. Going Global - Business Opportunities in Poland December 7, 2007 3 Call Geldards – Done Call Magnussons – Done Call Liz Walker – Done Some guidelines before you start to drink vodka... Starting Your Business In Poland - Checklist

4. Going Global - Business Opportunities in Poland December 7, 2007 4 Same regulations as for the Polish citizens and entities Act on the Polish language Notary Public Off-the-shelf companies Starting Your Business In Poland

5. Going Global - Business Opportunities in Poland December 7, 2007 5 Limited Liability Company (spółka z ograniczoną odpowiedzialnością – sp. z o.o.) Joint-Stock Company (spółka akcyjna - S.A.) Limited Partnership (spółka komandytowa – sp.k.) Limited Joint-Stock Partnership (spółka komandytowo-akcyjna (S.K.A.) Branch Office (Oddział) Legal Forms Available For Doing Business In Poland

6. Going Global - Business Opportunities in Poland December 7, 2007 6 Limited liability Minimum share capital: PLN 50.000 (approx. 10.000) Articles of association vs. Shareholders agreement Limited Liability Company

7. Going Global - Business Opportunities in Poland December 7, 2007 7 Shareholders meeting Management board Supervisory board Limited Liability Company

8. Going Global - Business Opportunities in Poland December 7, 2007 8 Apostille clause, notary public and sworn translations KRS – Registration certificate NIP - Tax Identification Number REGON - Statistical Identification Number Registration

9. Going Global - Business Opportunities in Poland December 7, 2007 9 Branch office Representative office Other Types

10. Going Global - Business Opportunities in Poland December 7, 2007 10 Now you can start to drink vodka!

11. Going Global - Business Opportunities in Poland December 7, 2007 11 Thank you for your attention Artur Swirtun, Partner Magnusson Dobra 56/68, 00-312 Warsaw, Poland Switchboard: +48 22 55 27 555 Mobile: +48 601 94 52 80 E-mail: artur.swirtun@magnussonlaw.com www.magnussonlaw.com

12. Going Global - Business Opportunities in Poland December 7, 2007 12 MAGNUSSON 56/68 DOBRA STR., PL 00-312 WARSAW, POLAND E-MAIL: WARSAW@MAGNUSSONLAW.COM, WWW.MAGNUSSONLAW.COM COPENHAGEN | MOSCOW | STOCKHOLM | WARSAW