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Article
VAT Exemption For Small Enterprises Might Be Increased To HUF 12 Million
The finance ministers of the European Union Member States support the request of the Hungarian Government relating to the tax reduction and simplification for small enterprises.
HungaryTax
KCG Partners Law Firm
Article
FX Loan Legislation Incentivizing Banks To Release Debts
The Hungarian Parliament on Tuesday approved legislation that lifts most restrictions for participation in an exchange rate cap scheme for borrowers with foreign currency-denominated loans.
HungaryFinance and Banking
Schoenherr (Schönherr Rechtsanwälte)

Hungarian Government Settles Pharma Debts: An Opportunity For Factoring Companies?

Hungarian hospitals are facing problems paying for drugs and medical devices. Many suppliers have claims worth millions of euros and are having difficulty enforcing them against either the hospitals or the Hungarian government.

HungaryFinance and Banking

Schoenherr (Schönherr Rechtsanwälte)

"Investment" And "Establishing A Newco" In Hungary

The most common types of companies in Hungary are KFT (Limited Company) and ZRT (Private Limited Company).

Easement On Loan Portfolio Transfers

The Hungarian Parliament has adopted an amendment to the Hungarian Banking Act (entering into force on 7 July 2015) that provides for the regulation of loan portfolio transfers.

HungaryFinance and Banking

Schoenherr (Schönherr Rechtsanwälte)

Hungary Incentivizes Banks To Sell Their Non-Performing Project Loans

The Hungarian National Bank would like to incentivize the country's banks to clean their portfolios, since the banks still hold over HUF 700 billion (approx. EUR 2.25 billion) of non-performing project loans.

HungaryFinance and Banking

Schoenherr (Schönherr Rechtsanwälte)

Hungary Reconsiders The Banking Transaction Tax To Promote Electronic Payments

The Hungarian banking transaction tax drives market players and private individuals to use cash rather than electronic payment methods.

HungaryFinance and Banking

Schoenherr (Schönherr Rechtsanwälte)

Open Banking Is Coming To Hungary

The revised payment services directive ("PSD2") has already been implemented in Hungary, most of the provisions will be effective on 13 January 2018.

HungaryFinance and Banking

KCG Partners Law Firm

Towards Strengthened Investor Protection

After the broker scandals of 2015, the government introduced new protective measures this year to restore Hungarian investors' trust in capital markets instruments and investment service providers.

HungaryFinance and Banking

Schoenherr (Schönherr Rechtsanwälte)

Better Economic And Operating Environment Ahead For Banks

On 9 February 2015, Erste Bank Hungary entered into an agreement with the Hungarian Government and the European Bank for Reconstruction and Development.

HungaryFinance and Banking

Schoenherr (Schönherr Rechtsanwälte)

Changing The Oil In The Debt Management Machinery

As part of a comprehensive EU strategy to tackle non-performing loans, the European Parliament and the Council adopted a directive on credit servicers and credit purchasers...

HungaryFinance and Banking

Schoenherr (Schönherr Rechtsanwälte)

The Potential Of Open Banking And ESG In Hungary

In an era where convenience is king, consumers worldwide are embracing the ease of online services. A transformative trend known as open banking is making waves in the realm of finance.

HungaryFinance and Banking

Schoenherr (Schönherr Rechtsanwälte)

Implementation Of ATAD

The rules on CFCs have been amended significantly.

Hungary Removes Restrictions On Selfie-Based KYC In Financial Services

In October 2019, Hungary removed important restrictions on the so-called non-real-time customer due diligence (KYC) conducted by service providers such as credit institutions and financial institutions.

HungaryTechnology

Schoenherr (Schönherr Rechtsanwälte)

Will A 'Bad Bank' Approach Solve The Corporate NPL Problems Of The Country's Banks?

The Hungarian National Bank announced that as of autumn 2014, Hungary wishes to follow the approach taken by many other countries by creating a "bad bank".

HungaryFinance and Banking

Schoenherr (Schönherr Rechtsanwälte)

Hungary Extends The Scope Of Transaction Tax

As of 1 July 2022, Hungary's already existing financial transaction tax has been extended to payment service provision, credit and loan provision, currency exchange and mediated currency...

Schoenherr (Schönherr Rechtsanwälte)

Another Milestone In Hungarian Foreign Exchange-Based Loan Agreements

Finally, a guiding decision which is favourable for commercial banks has been passed by the Supreme Court in Hungary ("Curia").

HungaryFinance and Banking

Schoenherr (Schönherr Rechtsanwälte)

Hungary Wants To Become Creditor-Friendly

The Hungarian Ministry of Justice acknowledged the recent criticism aimed at the difficulties regarding the enforcement of monetary claims in the country and plans to amend the relevant laws to make creditors' lives easier.

HungaryFinance and Banking

Schoenherr (Schönherr Rechtsanwälte)

Payment In Euro

The payment in euros is gaining an increasingly important role in Hungary, especially in the payment of corporate tax, which since August 2022 can be paid not only...

HungaryFinance and Banking

Katona & Partners Attorneys at Law

Cégalapítás külföldön

A jelen cikkben felvázoljuk, hogy az egyes európai országokban a cégalapítás milyen adójogi vonzatokkal jár.

HungaryCorporate/Commercial Law

Katona & Partners Attorneys at Law

Showing 1–20 of 59 results

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