Author: Vajk Varai-Jeges

Proposed Changes to Hungary’s KATA Regime from 2027

The planned reform would expand eligibility, restore corporate invoicing and improve the social security position of full-time small taxpayers. The Hungarian Government has proposed a substantial revision of the itemised tax for small taxpayers (KATA) from 2027. The draft would reopen the regime to pensioners, university students and part-time entrepreneurs. The fixed monthly tax would […]

Our Barcelona Office Now Serves Clients in Spanish and Catalan

Strengthening our cross-border legal capabilities through a multilingual presence in Barcelona We are pleased to announce that, through our Barcelona office, our legal services are now also available to clients in Spanish and Catalan. This development further strengthens our international practice and enables us to provide clear, commercially focused legal advice in the language best […]

Could Hungary’s new wealth tax be unconstitutional?

What Germany’s wealth tax, the case law of the Hungarian Constitutional Court and European law may mean for the new plans Key point: A wealth tax is most probably not unconstitutional as such. The decisive factors include equal and transparent valuation, legal certainty and a proportionate burden. Hungary is currently discussing the introduction of a […]

Hungarian wealth tax from 2027? What German businesses and investors should consider

The Hungarian Government has announced plans to introduce a wealth tax from 1 January 2027. Based on the published outline, the portion of net wealth above HUF 1 billion may be taxed annually at 1%, with a rate of 1.5% announced for wealth above HUF 100 billion. The potential scope may include real estate, investments, […]

Hungarian wealth tax from 2027? What should entrepreneurs with Dubai interests consider?

Recently announced government plans indicate that Hungary may introduce a new wealth tax from 1 January 2027. According to the announcement, an annual rate of 1% may apply to the portion of net wealth exceeding HUF 1 billion, while a rate of 1.5% may apply above HUF 100 billion. The proposed scope may include real […]

Hungarian Wealth Tax from 2027? What Turkish Entrepreneurs with Interests in Hungary Should Consider

The Hungarian Government has announced plans to introduce a new wealth tax from 1 January 2027. Based on publicly reported proposals, the tax may apply to net wealth exceeding HUF 1 billion, with a higher rate potentially applicable to very substantial fortunes. While the final legislation has not yet been published, the announcement has already […]

M&A Deal Essentials: Control Room: Why Every Deal Needs a Clear Information Directory

From the outside, successful transactions often appear surprisingly straightforward. The parties negotiate the SPA, agree the purchase price, complete due diligence, and eventually reach closing. When the deal is announced, it can seem as though everything simply came together at the right moment. In reality, many transactions close smoothly because the parties have been actively […]

M&A Deal Essentials: Closing Day: Coordinating Documents, Payments and the Transfer of Ownership

Closing day is often viewed as a formality. By this stage, the SPA has been negotiated, the purchase price agreed, and the transaction appears largely complete. In reality, closing is often the most carefully choreographed part of the entire transaction. A successful closing typically involves a sequence of interdependent actions that must happen in the […]

M&A Deal Essentials: Rollover Structure Implementation in M&A Transactions: Coordinating Ownership Changes Before Closing

In one of our previous articles, we looked at Reinvestment Agreements and the commercial decision to remain invested after a business sale. This article focuses on the next step: how that agreed Rollover Structure as established by the terms of the Reinvestment Agreement is actually implemented. Many business owners encounter the term “rollover” relatively late […]

UAE Introduces New VAT Due Diligence Requirements for Suppliers and Supplies

Businesses operating in the United Arab Emirates will be required to carry out and document prescribed checks before deducting input VAT. Federal Tax Authority Decision No. 13 of 2026 takes effect on 1 October 2026 and introduces a structured verification framework for both suppliers and individual supplies. Legal framework and potential consequences The Decision implements […]