Important Deadline Looms For Kft.s
- 9 Feb 2017 7:00 AM
Some 63,000 companies have yet to comply with the statutory minimum registered capital of Ft 3 million.
They can meet this obligation by injecting more capital or making contributions in kind.
A law passed in 2014 forced businesses to raise their minimum subscribed capital from Ft 500,000 to Ft 3 million, setting a deadline of March 15, 2017.
Some 100,000 companies had failed to comply one year ago.
Source: Hungary Around the Clock
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