This economy profile presents the Doing Business indicators for Hungary. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. The data in this report are current as of June 1, 2014 (except for the paying taxes indicators, which cover the period...
Hungary has exited from recession in early 2013, but the recovery will be modest. Growth potential is held back by weak investment, low employment among low-skilled workers and shortcomings in labour and product markets, making further structural reforms essential. Meagre growth and its causes harm well‑being in ways that go...
The Companies Act provides for a variety of legal forms under which business entities may be established in Hungary.
General partnerships, limited partnerships, limited liability companies, single member companies or private limited companies may be founded in a simplified procedure by enclosing with the application for the registration of the company the deed of foundation drawn up on the basis of a template in the annex of the...
Company Formation Hungary
GKI research firm forecast a 2% GDP growth for 2015, down from 3.2% this year, the firm said yesterday. Slower than expected world economy growth, a fall in oil prices and tensions between the United States and Russia are the key external factors in Hungary’s slowing economy.
The primary act of law in Hungarian company law is Act 4 of 2006 on Business Associations (Companies Act). The main types of business associations under the Companies Act are identical to those regulated in EU countries.
Setting up a company in Hungary follows the same legal system that is currently used in EU countries. Read our guide to find out about the most attractive form of incorporation for foreign investors.
The Companies Act makes it possible for residents and foreign investors to form several types of companies in Hungary. This site describes the alternatives
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