In Hungary there are quite a wide variety of alternatives when it comes to choosing the form of a company. In spite of this fact, as of today the most common and relevant form is the „Kft.” which is equivalent to a limited liability company (LLC/LTD). Main Rules of the Kft. Formation in Hungary: To form a company such as this one, certain requirements have to be met. First of…
The Takeover Directive sets out minimum requirements for the conduct of takeover bids for individual Member States, including disclosure, involving securities with voting rights of companies governed by the laws of Member States, where all or some of these shares are admitted to trading on a regulated market. Main points of the Takeover Directive The framework means that supervisory agencies are appointed to review and approve the proposed takeovers. Each…
