Have you considered how your limited liability company will fulfil the minimal equity capital of 3,000,000.- HUF (approx. 9640 €) obligation prescribed by the new Hungarian Civil Code? Are you currently completing your 2014 accounting records? In our most recent client alert, we cover how companies may be able to use profit-after-tax from the 2014 business year to cover the ...
On 5 February 2014, Russian lawmakers proposed amendments concerning the registration of limited liability companies (“LLC”). The amendments will eliminate the requirement to pay at least half of the registered capital upon registration and shorten the deadline for full payment of registered capital from one year to two months from registration. The changes strive to reduce the start-up time for new ...