Companies delaying payment of chamber fees

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As many as 150,000 companies failed to pay the mandatory Chamber of Commerce registration fee this year, Hungarian daily Magyar Nemzet reported today. The deadline was March 31.

So far 440,000 companies have paid the 2014 fee - HUF 5,000 forints - as opposed to 600,000 last year, according to Péter Dunai, Chief secretary of the Hungarian Chamber of Commerce and industry (MKIK).

Local chambers of commerce have requested the Hungarian tax office to start collecting missing fees from about 15,000 firms, Dunai added.

Since 2012, Hungarian companies are required by law to register with their local chamber of commerce and pay an annual fee.

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