Dual-Use Items and Technologies

The legal regulation of dual-use items and technologies is complex. Extensive EU and domestic Hungarian legislation governs this area; in this article, we have summarised the most important key points in 10 sections. Failure to comply with registration and licensing rules may have serious consequences, as it may even constitute a criminal offence. Which items […]

New Legal Form for Startups in Austria

Things are moving in Austrian corporate law. The recently presented startup package introduces the flexible company, or #FlexKapG, as a new form of limited liability company in Austria, with the aim of making Austria a more attractive location for founders. The draft was published on 30 May 2023 and is expected to enter into force […]

Legal Recruitment and Coordination of Your Successful Litigation Abroad

Enforcing rights before a foreign court, whether as claimant or defendant, always first involves overcoming the hurdle of finding the right local lawyer to conduct the proceedings. This hurdle should not be underestimated. Successful litigation requires, on the one hand, a procedural representative who is genuinely well versed in the areas of law relevant to […]

Key Changes Introduced by Hungary’s New Land Registry Act

The greatest change affecting the Hungarian real estate market is the entry into force in 2024 of the new Act on the Land Registry (New Land Registry Act). The New Land Registry Act will replace the currently effective Act on the Land Registry and, at the same time, amend the provisions of the Civil Code […]

Accounting Rules Will Change at the Beginning of 2023 – Is Your Company Prepared?

As of 1 January 2023, the Hungarian Accounting Act (Act C of 2000) was amended in more than forty places, together with Government Decree No. 479/2016 (XII. 28.) on the specific reporting and bookkeeping obligations of certain other organisations subject to the Accounting Act. Among the newly introduced changes, there are provisions for which businesses […]

Ready, Set, Go! Hungary Opens the Online Sports Betting Market

Online sports betting providers from other EU Member States are already at the starting line: Hungary is abolishing the state monopoly on the online sports betting market and, from 1 January 2023, will allow free market access for providers from the European Economic Area. So, will everything be simple now? In gambling law, too, prevention […]

NZP Legal Academy

After many years of lecturing at universities, bar associations, the German Lawyers’ Institute, foreign chambers of commerce and industry, and other professional training institutions, establishing our own NZP Legal Academy was a natural next step. Tailored to the specific needs of your company and drawing on extensive lecturing and practical experience, we train and sensitise […]

BGH Says No to Excessive Road and Access Toll Charges (?)

In its most recent landmark decision of principle, the German Federal Court of Justice held that, in the event of non-payment of the original motorway toll, the increased toll imposed in Hungary by the National Toll Payment Services Plc., as well as the related collection costs, may in principle also be awarded by German courts […]