Hungary - Due DiligenceHungary - Due Diligence
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.