Changes In Additional Capital Payment

In 2022, several minor, positive amendments were made to the companies section of the Civil Code. These also affect companies’ additional capital payments.

As an alternative to the member’s loan, this equity element is primarily used to provide the required minimum equity to offset the company’s losses, while improving the capital position instead of indebtedness and not having to pay interest on it.

According to one of the amendments, it is no longer obligatory to repay the amounts granted when the company no longer needs them to provide the required equity.

The other amendment is a relief that, in the case of a single owner company, it is not necessary to include the possibility of an additional payment in the deed of association. The single owner may order and make an additional payment if necessary without such a clause.

Contact your lawyer or us for more information.

Recent Posts

January 31, 2023

TAX FREE PETROL COST REIMBURSEMENT

THE TAX FREE AMOUNT OF COST REIMBURSEMENT WAS DOUBLED FROM JANUARY 2023 Employers can give this benefit to the employees who live in another city…

Continue reading
January 11, 2023

BUSINESS IN HUNGARY

As a booming economy in the middle of Europe, and a member of the European Union, Hungary offers great opportunities for foreign companies to invest…

Continue reading
January 3, 2023

MINIMUM WAGES IN HUNGARY IN 2023

The usual raise of minimum wages arrived in January. There was a dynamic raise of both minimum wages and the general wage level in Hungary…

Continue reading