Legislation for Foreign Investments in Hungary

Updated on Monday 03rd August 2015

Rate this article
5 5 1
based on 2 reviews


Legislation-for-foreign-investments-in-Hungary.jpg

The legislation for foreign investments in Hungary represents  the set of laws meant to regulate the activity of foreign investors in this country and also protect them. Hungary presents many advantages for the foreign investors and businessmen interested in performing business activities  here, such as: a highly efficient workforce, a well developed infrastructure and a strategical geographical position.
 
Our local company formation specialists can help foreign investors start or develop their  businesses in this country and provide them with assistance through the entire process of company registration in Hungary
 

The Foreign Investment Act in Hungary

 
The Foreign Investment Act in Hungary represents a set of laws, enabled in 1988, providing the main legal framework that guarantees foreign investors will benefit from the same treatment that Hungarian investors have. This act has been amended over the years with the aim of ensuring greater protection both for foreign and domestic investors.  The Foreign Investment Act in Hungary focuses on three directions:
 
  • - to create suitable grounds for international cooperation between Hungary and foreign investors coming in the country;
  • - to encourage the injection of foreign capital;
  • - to boost the country’s technological development.
 

The authority responsible with foreign investments in Hungary

 
The Investment and Trade Development Agency in Hungary was established in 1993 and its main objective was to help companies make major investments in Hungary. The responsibilities of this authority were transferred in 2011 to a smaller agency, the Hungarian Investment and Trade Development Agency (HITA). This new authority is operating under the Ministry of National Economy.
 

Investment opportunities in Hungary

 
There are several  sectors  that have attracted high volumes of foreign direct investments in Hungary over the years. These domains continue to be the main industries that support Hungary’s economy. A foreign investor interested in starting a business in Budapest, or in any other Hungarian city, should know that the main industries in this country are the following:
 
- the automotive sector;
- the electronics industry;
- the pharmaceutical industry;
- the IT&C industry;
- the food industry.   
 
Our company registration experts in Hungary can provide you with more details about each industry and help you establish a company in any of the business sectors available in this country.
 

Comments

There are no comments

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Meet us in Budapest

Call us now at +44 203 287 0408 to set up an appointment with our lawyers in Budapest, Hungary. Alternatively you can incorporate your company without traveling to Hungary.

We offer:

- cost-efficiency: competitive company formation prices;

- prompt response to your inquiry (maxim 24 hours);

- free and complete legal information featured on our site, at your disposal.

Testimonials

Mihai-Cuc.jpg

The experts at CompanyIncorporationHungary.com helped my clients open a company in Hungary in the shortest amount of time possible. I would definitely recommend them to any businessman interested in establishing a company in this country.

Mihai Cuc, Partner of
Enescu & Cuc Law Firm
www.RomanianLawOffice.com

Read more testimonials

We Recommend ClientPedia

This website is marketed by ClientPedia

banner Clientpedia.jpg

We accept online payments

paypal-logo.png