Category: News

Inherited in Hungary? We got you.

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 who are not familiar with the subject can get lost in […]

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

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%. This makes HU an attractive location […]

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

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 of all real properties in HU (land and ownership […]

Do I Really Need a Lawyer?

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 of first instance: These are the primary courts where […]

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 […]

Full Personal Liability of Managing Directors for Supplier Fraud in the Event of the Customer’s Insolvency in Germany

If, after performance has been rendered, payment is not made in whole or in part because of the customer’s insolvency, intentional damage contrary to public policy or supplier fraud is often involved. This is the case whenever the management of the ordering company places orders for supplier services, or continues to call them off, even […]

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 […]

Significant changes in the new Hungarian Real Estate Registration Act

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 registration. It is therefore questionable which of […]

New Year, New Rules in the Hungarian Labour Code

Parental leave will be introduced, paternity leave will be expanded, the provisions on abuse of rights will be supplemented, and employers will face broader information obligations. Yet not everyone is satisfied. The implementation of EU Directives 2019/1152 and 2019/1158 brings significant changes to the Hungarian Labour Code effective from 1 January 2023. These directives aim […]