Investment Policy Measures

13 results
Hungary

Hungary

01 Jan 2024

Introduces tax relief for the pharmaceutical industry

On 17 July 2023, the Government of Hungary enacted Government Decree No. 317/2023 (VII.17.), amending provisions related to extra-profit taxes in the pharmaceutical industry. This amendment introduces tax relief, enabling taxpayers [...]

Hungary

Hungary

14 Dec 2023

Introduces State's pre-emption right on acquisition of strategic companies involved in solar

On 14 December 2023, the Government of Hungary amended its FDI screening rules through Government Decree No. 566/2023, introducing government pre-emption rights for FDI deals involving strategic solar power plant companies. This right [...]

Hungary

Hungary

28 Jul 2023

Adopts State aid for investments in strategic sectors

On 21 June and 28 July 2023, the European Commission approved two State aid schemes from Hungary totalling €3.46 billion (HUF 1.316 trillion) to accelerate investments in strategic sectors and support the development of electricity [...]

Hungary

Hungary

23 Dec 2022

Introduces temporary changes to the FDI screening regime and expands the scope of strategic sectors

On 23 December 2022, the Government of Hungary issued Government Decree No. 561/2022, introducing temporary changes to the FDI regime until the end of the state of emergency related to the conflict in Ukraine. The amendments include [...]

Hungary

Hungary

04 Jun 2022

Imposes special taxes on 8 sectors generating "extra profits"

On 4 June 2022, Hungary adopted the Governmental Decree No.197/2022 that set forth the detailed rules for the special taxes imposed on 8 sectors of economy generating “extra profits”. These changes will affect the companies in the [...]

Hungary

Hungary

17 Jun 2020

Extends its temporary FDI screening regime

On 17 June 2020, the Act LVIII of 2020 on the temporary measures applicable to the termination of the state of emergency and the preparedness for pandemics was published. It also refers to the foreign investment review mechanisms introduced [...]

Hungary

Hungary

26 May 2020

Temporarily tightens FDI screening

On 26 May 2020, Governmental Decree no. 227/2020 entered into force in Hungary. It introduced a temporary foreign investment screening mechanism applicable to investors from both inside and outside the European Union and will be effective [...]

Hungary

Hungary

11 Oct 2018

Hungary introduces national security review of foreign investments

On 11 October 2018, the Law on the Control of Investments Detrimental to the Interests of Hungarian National Security has been published in the official Hungarian gazette. It introduces a national security-related screening mechanism [...]

Hungary

Hungary

01 Jan 2017

Reduction of corporate taxe rate

The Hungarian Parliament approved the Government's plan to cut the corporate tax rate to 9 per cent. The measure entered into force on 1 January 2017. [...]

Hungary

Hungary

02 Nov 2015

Government initiates a farmland privatization programme open to domestic citizens only

The Government has started auctioning state-owned farmland as part of its plan to privatize around two-thirds (378,000ha) of the agricultural land that is currently publicly owned with the expectation to collect up to US$1.06 billion [...]

Hungary

Hungary

17 Dec 2012

Extends ban on foreign farmland ownership

Hungary amended the constitution to assure that in the future only Hungarian farmers can purchase Hungarian farmland. Foreigners have been prohibited from buying farmland since Hungary's EU accession in 2004 under temporary measures. [...]

Hungary

Hungary

25 May 2011

Buys stakes in oil and gas company

In late May, Hungarian authorities approved the purchase of a 21 percent stake in the country's largest oil and gas company, MOL, from Surgutneftegas (Russia) for €1.88bn (US $2.6 billion). Government regulators also declined to register [...]

Hungary

Hungary

01 Jan 2011

Introduces institutional changes on investment promotion

The Hungarian Investment and Trade Development Agency (ITD Hungary) was founded by the Ministry of Economy and Transport (now: Ministry of National Economy) to help implement the Government’s investment and trade promotion policies. [...]

Number of policy measures per economy (since 01 Jan 2010) 1 94