News - Hungary

1. Hungary: providing services and travelling for business after Brexit

   Hungary 10/14/2019 1:05:14 PM

   Guidance for UK businesses on rules for selling services to Hungary if there's a no-deal Brexit.

2. Merger and demerger of companies in Hungary

   Hungary 8/15/2017 8:52:30 AM

   Under Hungarian corporate law, companies may transform into another company form or merge with each other, as well they may resolve to demerge into separate entities.

3. Find Out About Labour law in Hungary

   Hungary 8/15/2017 8:50:22 AM

   The followings are the key statutory elements of an employment relationship.

4. Employment agreements in Hungary

   Hungary 8/15/2017 8:48:28 AM

   Employment in Hungary is regulated in detail by the Hungarian Labour Code. Deviation from the rules of the statute is generally allowed for the benefit of the employee and only in writing.

5. Company set-up in Hungary to establish a Hungarian company

   Hungary 8/15/2017 8:46:22 AM

   In order to establish a Hungarian company, it needs to be registered with the Hungarian Court of Registration.

6. The Most Company Forms in Hungary

   Hungary 8/15/2017 8:42:51 AM

   In Hungary, the types of business associations and other entities used for business operations are regulated in statutes and one may only choose from the regulated entities when considering investment in Hungary.

7. Hungarian Accounting Act Amendment Now In Force

   Hungary 1/20/2016 9:01:31 AM

   Hungarian Accounting Act amendments regarding mainly the form and content of the Financial Statements (FS) were passed by the government last year, and have been in effect since 1 January 2016

8. Personal Income Tax Changes In Hungary

   Hungary 1/18/2016 1:41:43 PM

   Amendments to personal income tax laws passed the Hungarian Parliament in November last year, and came into effect on 1 January 2016.

9. IFRS Adoption In Hungary - Requirements And Consequences

   Hungary 1/4/2016 4:40:48 PM

   In June of this year, the Hungarian government decided to allow Hungarian companies to prepare stand-alone financial statements in accordance with IFRS. The relevant laws were then amended and passed on 17 November

10. New Invoicing Program Functionality Requirements In Hungary

    Hungary 11/16/2015 8:18:58 AM

    Companies and individuals issuing invoices in Hungary are required to adhere to new processes and program functions from 1 January 2016