Category: Onshore

HUNGARY | Foreign Acquisition Need Permit From The Government

As part of the economic protection package introduced by the Hungarian Government, another measure restricting the acquisition of property by foreigners in Hungarian companies appeared in the National Gazette of Hungary published on 25 May 2020. Pursuant to Government Decree No. 227/2020 (V.25.), the acquisition of ownership in strategic companies is, in certain cases, subject […]

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EUID and BRIS – new EU-wide inventory tools for business companies

The European Union has introduced two new instruments for certain types of companies that make it easier to obtain information and keep track of information at EU level for any individual in each Member State. What is the EUID? The EUID (European Unique Identifier), is a complex identifier code, which allows companies and their branches […]

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HUNGARY | Changes in the procedures of voluntary dissolution of companies

Some significant changes will come from 01.07.2018 due to the modification of Act V. of 2016 (Ctv.) on voluntary dissolution.The new regulations should be applied for the processes started after 1st of July. According to the actual regulations, simplified voluntary dissolution could be chosen only by general partnership (Bt.), limited partnership (Kkt.) or sole proprietorship. […]

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