M&A Hungary

Family wealth planning as part of private banking services

Family wealth planning as part of private banking services While a full range of private banking services is available to wealthy businessmen and managers in Hungary today, the integrated management of larger assets and truly long-term family wealth planning that spans generations is a lesser known dimension. We talked to Szabolcs Varga and Zoltán Baki, the Hungary-based advisors of Austria?s Bank Gutmann about the ins and outs of family wealth planning.

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Reverse Mergers with Junk Capital Raising

In America, it has been used for decades, in China the trend of reverse mergers has only caught fire in recent years. A reverse takeover (or reverse merger) allows a private company to shortcut the lengthy and complex process of an Initial Public Offering (IPO). A reverse merger usually involves the financial restructuring and recapitalisation of the bidder.read more »

Reverse Mergers with Junk Capital Raising

M&A Transactions in the Hungarian Practice - Protective Provisions in Transaction Agreements under Hungarian Law (Part I.)

One of the most important clauses in transaction agreements are the warranties and the indemnity provisions. read more »

M&A Transactions in the Hungarian Practice  - Protective Provisions in Transaction Agreements under Hungarian Law (Part I.)

Should loss-making businesses pay taxes according to the minimum tax regime?

The so-called ?minimum tax?, introduced in 2007, poses a difficult dilemma for business owners who want to manage their companies in compliance with applicable laws and ? due to adverse market conditions ? failed to reach the level of profitability defined in minimum tax regulations. They either make an additional declaration when filing their tax returns and do not pay the minimum tax, or ?confess? that something is amiss and come up with the amount calculated according to the minimum tax scheme.read more »

Should loss-making businesses pay taxes according to the minimum tax regime?

Deal of the Month - Cross Atlantic Transaction

LANXESS, the specialty chemicals company is expanding its activities in Latin America through its wholly-owned subsidiary Rhein Chemie, which has acquired Argentina-based Darmex S.A. for undisclosed consideration. read more »

Deal of the Month - Cross Atlantic Transaction