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Trade and services regulations in Luxembourg
If you are a UK business providing services in Luxembourg, you will need to follow Luxembourg regulations about:
If you were living in Iceland before 1 January 2021
Information for British citizens moving to or living in Iceland, including guidance on residency, healthcare and driving.
UK sanctions guidance for Uzbek businesses
Information about UK sanctions and relevant local laws to support compliance of non-UK businesses operating in Uzbekistan.
Protecting Business Reputation When Entering Foreign Markets
Expanding into new international markets presents promising growth opportunities. However, such moves come with challenges, especially when it comes to maintaining and protecting a business’s brand reputation.
Overseas business risk for Hungary
Information on key security and political risks which UK businesses may face when operating in Hungary.
1.Political and economic
Hungary is a parliamentary republic and a multiparty democracy. Hungary is a member of the North Atlantic Treaty Organization (NATO), the Organization for Security and Co-operation in Europe (OSCE), and the European Union (EU).
The last general election was held on 3 April 2022. The governing Fidesz party – in alliance with the Christian Democrats (KDNP) – secured a two-thirds majority in Parliament (for the fourth time in a row), which allows them to amend a special class of laws including the Fundamental Law (the Constitution). The Democratic Coalition (DK) is the largest opposition party.
Hungary is a high-income country (GDP per capita was 17,296 USD in 2022) with a mixed and open economy and a positive trade balance.