July 13th, 2012

Business closures at record high in first half of 2012

In the first half, 18,200 companies closed down, a record high level, up from 11,300 a year earlier, website feketelista.hu reports.

In the first half 2.9% of all companies closed down. The number of new companies registered was 13,100, down from 25,400 one year earlier. The number of companies stood at 640,300 on June 30, 2012.

Starting this year, the tax authority is closing down companies which cannot be reached at their official address, or have no CEO, or which failed to file an annual report, and the fee for company registration has been increased.

Share

Comments are closed.

 
More content from Hungary's leading foreign-language media network
About Realdeal.hu | Become an All Hungary Member | Newsletters | Contact Us | Advertise With Us
All content © 2004-2012 The All Hungary Media Group. Articles, comments and other information on the All Hungary Media Group's network of sites are provided "as is" without guarantees, warranties, or representations of any kind, and the opinions and views expressed in such articles and columns are not necessarily those of the All Hungary Media Group.