Doing business with Hungary, 3rd ed.

Book abstract:

Hungary, as a former member of the Soviet bloc, actually began the long road to a modern market economy as early as the late 1960s. Now, with a stable political system and excellent business facilities, Hungary is thought to have one of the most competitive markets in Central-Eastern Europe. This book explores the issue of doing business with Hungary in detail.

Structured into five parts, the book is further separated into various discussions on numerous major topics. Part one, on the economy and the business environment, examines, for instance, economic performance and outlook, foreign trade and business risk assessment, while part two looks at the legal structure and business regulations, with articles on privatisation, alternative corporate structures, the questions of agency, distribution and franchise agreements, employment law, intellectual property rights and dispute resolution. Part three deals with finance, accountancy and taxation, covering banking, accounting and audit, public private partnerships, the Budapest stock exchange and venture capital, and part four, on key sectors of trade and investment, covers agriculture, forestry, the food industry, the machine, automotive, pharmaceutical, electronics and telecommunications industries, as well as business parks, public relations and communications practices. Part five, on essentials for expatriates and business visitors, concludes the book with research into regulations and living conditions.

The book also contains appendices on comparative tax rates worldwide, sources of further information, and contributors' contact details.