Host of the 13th ECRF Annual Conference - Budapest 2010

History of the Registry Courts

Historical premises:

1307-1840 guilds – guild organisation, the configuration of the

guild registers

1840 - 1875 initiation of the company register

1875: act 37. I. Commercial Act

1875 - 1950 Companies' Registry Courts' continuous operation

1988 act 6. emergent companies by Companies' Registry Court

registration

1997: act 144. about the economic companies

Company Forms in Hungary:

Business organizations could be found in forms regulated by the

law.

The main business organization forms are:

General partnership,

Limited partnership,

Limited liability company,

Joint stock company,

Joint venture company.

The company comes into existence by the registration in the

Companies' Register, on the day of the registration.

The registration in the Companies' Register comes to pass by

request. Legal representation is compulsory in the method.

The system of the Companies' Registry Courts

19 county and the Budapest Metropolitan Court as Registry Court

0

100000

200000

300000

400000

500000

600000535724

213409

Statistic Datas 2008

Országosan bejegyzett cégek összesen Fővárosi Cégbíróságon bejegyzett cégek

Main reforms 2006-2008

New legal environment The Registry Court enrolls and registers the companies electronically. Registration requests are accepted only in electronic forms received by the Registry Courts Main aim is to decrease the bureaucracy Simplified company registration method - within 1 hour from the onset of the registration request All files of Registry Court procedures are electronically registered and stored Online company information access electronically Disclosure of reports, lodgement electronically

1991 - Company Register back-office Trusted data management

1995 - Company Register WEB content management 1998 - Automated data communication – „One-stop Shop” 2002 - Certificate Authority

E-Szigno (2002 - …) E-Document fileing (2005 - …)

2008 - Full Company e-Registration

Area of activities, implemented systems

Authentic Company Datamanagement: OCCR

ElectronicBank account number registration

National Company Register (NCR)

Cg. Cg. Cg.Cpk.Fpk.

Cpk.Fpk.

Cpk.Fpk.

Mg.Ck.

Certificate-Authority

OnlineCompany

Information(OCI)

1996 Online Company information

2001 e-registration

Electronic Company Registration

2008 Full e-registration 2007 All company forms

1995 May WEB content management 750 000 companies’ registered data at

district courts according to the company’s headquater address

1995 May Electronic Company Journal 2.948.769 public bulletins of the courts

1995 May Electronic store of balance sheets 4.603.596 published balance sheets

stored ‘Online’ user registration, billing

2008 Free of charge on-line company information through the web

Information security system complies

with ISO 27001:2005 standard

Online Company Register

(OCR)

WEB content management: Online Company Information (OCI)

Automated data communication: Mediator

Text

Tax Authority

Statistical Authority

Company Bulletin

Company courts

Customs

Balance sheet store

Authority of pensions

Employment Authority

Banks

Customers: notars, solicitors, legal executors, municipalities, banks, government institutions, ministries

Number of Certificates in Dec. of 2007: 3490

Number of Certificates in Dec. of 2008: 11415

Number of timestamps

2008: 28.000.000

QualifiedCertificate-Authentication

Digital Signature – E-Szigno

Supports full XAdES standard signatures (XAdES-BES,-C,-T,-X-L,-A) Supports Hungarian Public Administration requirements Certificate chain built to trusted Certificate Authority Supports revocation verification based on CRL or OCSP (http, https or ldap protocol) Timestamp creation and verification Supports signature policy Supports electronic receipt and countersigning Supports PDF format signatures, verification and timestamps Supports user defined e-dossier schemes Signature of large files (over gigabyte size) Supports meta data on signed dossiers and documents

E-Szigno application used for digital signature management

2001. XXXV. Act on Electronic Signatures CEN CWA 14167 Security Requirements for Trustworthy Systems Managing Certificates for Electronic Signatures. ETSI TS 101 903 v1.2.2 XML Advanced Electronic Signatures (XAdES). RFC 3161 Internet X.509 Public Key Infrastructure Time-Stamp Protocol (TSP). CEN CWA 14171 General guidelines for electronic signature verification. RFC 3275 XML-Signature Syntax and Processing. ETSI TS 101 862 Qualified Certificate Profile

Regular international ETSI Plug tests - interoperability tests

Complies Recommendations and Standards

Welcome to Budapest!14-15-th of June, 2010