News | NZP NAGY LEGAL

Inherited in Hungary? We got you.

by Balázs Ács | 23, Nov 2023 | News

Let’s see why having a lawyer can help us a lot in our inheritance case: First, the laws and regulations on intestate and testamentary succession in Hungary can be complex and difficult to navigate without the guidance of a legal professional; even Hungarian lawyers...

7 reasons to choose Hungary as your place of business & 8 steps to make it happen

by Balázs Ács | 23, Nov 2023 | News

What are the main arguments for setting up a business in Hungary? Low Tax Rates: Hungary has a favorable tax system, it has one of the lowest corporate tax rates in the European Union, ranging from 9% to 19%, and the personal income tax of private individuals is 15%....

Bought or inherited real property in Hungary? We can help you out.

by Balázs Ács | 23, Nov 2023 | News

Whether you inherited a small plot of land in the countryside or bought a large apartment in the city, one thing is certain, you will have to deal with the Hungarian Land Registry Office. The LRO is an agency-like body tasked with maintaining a comprehensive register...

Do I Really Need a Lawyer?

by Balázs Ács | 23, Nov 2023 | News

Is legal representation a choice or a have to? To make it clear, we are first introducing you to the Hungarian court system. The Hungarian court system is divided into three main tiers: the courts of first instance, the appellate courts, and the Supreme Court. Courts...

Significant changes in the new Hungarian Real Estate Registration Act

by Ágoston Keller-Deák | 18, Feb 2023 | News

The biggest change in the Hungarian real estate market will be the entry into force of the new Real Estate Registry Act (NREA) in 2024. The NREA will replace the current Real Estate Registration Act and will also amend the rules of the Civil Code on real estate...

BGH: NO to excessive tolls and collection fees (?)

by Máté Ruzicska | 6, Oct 2022 | News

The German Federal Supreme Court has recently stated, in a guiding decision of principle, that in the event of non-payment of the original toll, the increased tolls and their collection fees in Hungary, as set by the National Toll Payment Service co. ltd., could in...