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From the Managing Director's desk

Preface - LAVECO Newsletter 2017/3.
15/09/2017
Autumn is upon us, and we are publishing the latest edition of the LAVECO Newsletter. Our leading article tackles a question which has been relevant for many years and is still relevant today: is it worth having a foreign company and bank account in the era of information echange? Is it worth holding money in a foreign bank account? Which is better, accumulating, or spending everything straightaway? Of course, rather than giving the definitive answer, we try to offer guidance fpr further thought, taking into consideration the situation of the modern world economy.
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Is it worth hiding money abroad?
11/09/2017
A study published by the „experts”/journalists of the Tax Justice Network (TJN) in 2011 claimed that between 21 000 and 32 000 billion dollars is either hidden, deposited or invested in the various Offshore Financial Centers (OFC). This is the amount which the „experts” at TJN estimate has been accumulated in jurisidictions from Switzerland to the Cayman Islands over the last 50 years.
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Preface - LAVECO Newsletter 2017/2.
07/06/2017
The second edition of LAVECO’s 2017 Newsletter can’t compete with the benefits offered by the summer, but I’m sure it will contain one or two thoughts which may be worth pondering over as you kick pebbles on the beach.
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Business is moving to the net
01/06/2017
I have to start with an apology: the title of the article is extremely misleading. The process began some time ago, is still ongoing, and will probably never come to an end. The reason behind this is the speed with which the internet has „invaded” every day, hour, minute and even second of the average person. Because an awful lot of us now begin the day by reaching for our mobile phones to see what messages we received from friends or business partners while we were asleep.
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Preface - LAVECO Newsletter 2017/1.
08/03/2017
New year, new thoughts! The leading article of the first edition of the LAVECO Newsletter for 2017 analyses the trends in the international company industry with regard to both consumers and service providers. We draw your attention to 3 significant moments in each case which will define the year. 2017 will be the year of purges on both sides, with clients and the service providers who serve them being affected.
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2017: the year of purges
06/03/2017
The current year, with the start of the automatic exchange of banking information, will see the beginning of a whole new era in the financial world.
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Life in the era of the automatic exchange of information
05/12/2016
The changes in the rules by no means the end of financial freedom: the playing field still offers benefits well worth taking into consideration.
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Preface - LAVECO Newsletter 2016/2.
03/10/2016
25 years ago it was similarly autumn in Budapest, with lovely warm days. On September 16th 1991, the day we signed the foundation documents of LAVECO Kft., there were two things which we had absolutely no idea about.
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Is there another 25 years in LAVECO Ltd.?
30/09/2016
An interview with László Váradi, managing director of LAVECO Ltd., by Maria Sokolova.
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LAVECO Newsletter June, 2016: Panama Papers, Bahamas Papers, UK Papers, Germany Papers, USA Papers, .....?
01/07/2016
As I am writing these words, a relatively short article has just appeared on the international internet portals: the IT specialist who is believed to have downloaded the offshore details from the server of the company Mossack and Fonseca and handed them to journalists has been arrested in Switzerland.
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