Basic Rules On Foreign Investments In Hungary

This article is the first of a weekly published set of articles on Joint Ventures in Hungary. This first issue provides the basic information on Foreign Investment in Hungary.

Hungary is located in the centre of Europe, practically any European country may be reached in twenty-four hours by road - or rail transportation. There are direct flights from Budapest to all European capitals and to New York, Bangkok etc. The Danube river plays an important role as an inexpensive transport route for destinations to Western- and Eastern Europe. The Mediterranean and the Middle East may be reached through the port of Trieste of Italy.

The Hungarian Parliament has passed hundreds of new legal rules since the first democratic election, many of them concern business activity.