Hungarian Chamber of Commerce & Industry Makes Chamber Membership Compulsory
- 24 Jan 2012 8:02 AM
"The Hungarian Chamber of Commerce and Industry (MKIK) held an extraordinary meeting to approve the compulsory membership required by recent legislation. All companies, with the exception of agricultural businesses, must register with the MKIK and pay an annual membership fee of Ft 5,000.
Online registration at the MKIK website will be possible in February, president László Parragh said.
The MKIK provides consultancy, business matchmaking and subsidy watching services to its members.
“Changing the MKIK statues harmonises with government aims to create a law on chambers that provides government oversight on businesses,” Parragh said.
Parragh described as “absurd,” statistics which indicate that there are 1.6 million businesses in Hungary, saying “it is obvious that many of them are phantom companies”.
Compulsory registration is a solution for filtering such companies out, Parragh said."
Source: Hungary Around the Clock
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