NEWS
Entry of Korean citizens to Hungary for employment and tourism purposes
Employment in Hungary A residence permit for the purpose of employment may be obtained basically by any Korean citizen whose purpose of residence is to perform actual work for or under the supervision of another person or company in Hungary in return for payment. The...
Signing a contract in Hungary
As an American, you may need a lawyer in Hungary to draft a contract, if you want more guarantee, than just a handshake. Handshakes and gentlemen’s agreements are important, but it is no surprise why so many say: „Until the contract is signed, nothing is real.” –...
Coming from America
If you are a US citizen planning to work, study, research, evangelize etc. in Hungary for more than three months, this article is for you. *** Thanks to the once closer, but still strong US-Hungary relations and the mutual Visa Waiver Program, Americans are able to...
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...
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%....
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...
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...
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...
BGH: NO to excessive tolls and collection fees (?)
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...
Cost-effective review of old contracts or general terms and conditions
You don't always have to reinvent new things. In business practice, it can often be more cost-effective and more reasonable to review individual points of the existing purchasing, supply and sales contracts or general terms and conditions to reflect changes in...
Regulation of artificial intelligence on the horizon
Diagnostics, pricing, data analytics: and the list could go on! With the rise of the data economy, the importance of artificial intelligence is growing inexorably. This technology plays a central role in the systematic analysis of big data. The EU has worked...
ECJ ruling on required components in consumer credit agreements
In a preliminary ruling on a referral from the Landgericht Ravensburg, the ECJ has ruled on the interpretation of Directive 2008/48/EC of 23 April 2008 on credit agreements for consumers and repealing Council Directive 87/102/EEC (Judgement of 9 September 2021,...
Hungarian hauliers are also entitled to the relevant EU minimum wage during the period of posting
On 8 July 2021, the Court of Justice of the European Union ruled in a case brought by Hungarian truck drivers who claimed that they were paid the Hungarian minimum wage during their posting, despite previous agreements. The court found that the Hungarian employee of...
VW scandal: Even the software updates disappoint
No meaningless software updates, but a commitment from the automaker industry to a conversion to Euronorm 6, at their expense. Those are the demands of Hartmut Bäumer, a former politician of "die Grünen", to Michael Müller, governing mayor of the city of Berlin....
Real estate acquisition in Germany
We will help you with the economic and legally compliant handling of the acquisition of your German property We can make your German real estate acquisition more economically advantageous for you: Because we know the customs and the mandatory legal framework, which...
Financing your property in Hungary
How do you get the appropriate solution to finance your dream home in Hungary? A holiday home or even a completely new home in other European countries doesn't necessarily have to remain the privilege of those who have collected several hundreds of thousands on their...
High compensation for accidents in Italy
Following intensive negotiations with the insurance company Inter-Europa-AG, our law firm reached an agreement for a payment of a sum in six-digit amount as compensation for our clients, whose relatives died in a traffic accident in Italy. Thereby a lengthy procedure...
The action by stages in distribution law
I. General Information about the action by stages The action by stages according to § 254 ZPO has got an enormous importance in the distribution law, especially in the law of commercial agency. Typical altercations include for instance the commission payment claims...