Provides advice on how to perform due diligence and in what areas it is necessary for a U.S. company. Includes information on the U.S. Commercial Service International Company Profile service.
Last Published: 8/6/2019

Due Diligence

The Commercial Service at the U.S. Embassy in Budapest can provide financial and background information reports on local companies an International Company Profile (ICP). This fee-based service helps U.S. companies evaluate potential business partners based on a detailed report.  The U.S. Commercial Service visits the Hungarian company, collects general information and asks specific questions that the U.S. company requests.  Specialists can also do research through the Customized Market Research (CMR) service. More information on ICP and CMR services, including prices are available at: http://www.export.gov/hungary.

Product safety testing and certification is mandatory for the EU market. U.S. manufacturers and sellers of goods have to perform due diligence in accordance with mandatory EU legislation prior to exporting.
 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.