Several amendments to the Company Registry Act entered into force on 1 July 2018. The new provisions include a new information obligation for the legal representatives ...

In December 2018 the Hungarian Parliament adopted a new legislation that significantly changes the Hungarian Labour Code.

The Industry and Energy Committee accepted four legislative proposals on the EU electricity market in February 2018.

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

In the absence of an agreement between the EEA and the UK (no-deal Brexit), the UK becomes a „third country" as of 00.00 am CET on 30 March 2019.

According to a recent proposal submitted to the Hungarian Parliament, the Hungarian Government intends to launch the electronic procurement system in April 2018.

The three-dimensional printing ("3D printing") is a technological process where materials are joined or fused together under computer control to create a three-dimensional object.

An amendment to the act on industrial properties enters into force on 1 January 2019.

The proposal for a regulation presented recently together with a proposal for a directive on a European services e-card aims to prevent the introduction of barriers to cross-border service...

Hungarian businesses have the "sword of Damocles" hanging over their head as the new European data protection regulation ("GDPR") is applicable as of 25 May 2018.

According to an amendment to the Hungarian Corporate Income Tax Act approved in July 2018, taxpayers may be eligible for higher tax allowance in connection with an investment project...

A new decree was issued by the Ministry for National Economy in October 2017, introducing a three-level, standardized approach relating to the transfer pricing documentation ...

According to the announcement of the state secretary for tax matters issued in February 2019, the Hungarian Ministry of Finance is planning to introduce a new system.

As to the pending issue of the preferential VAT rate of 5% for new residential properties, finally the new tax laws approved by the Hungarian Parliament in November 2018 will remain...

On 15 January 2019 the Commission has kick-started the debate on reforming decision-making for areas of EU taxation policy

From 1 January 2018, a broad range of business entities, including companies limited by shares, limited liability companies, limited partnerships, trade associations, private entrepreneurs...

In November 2017 a new government decree entered into force on the status, organisation and tasks of the Hungarian State Treasury (Treasury).

In case the obligor breaches the restrictions of the acquisition, as a first step he/she must comply within six months with the conditions that are necessary for the maintenance of the lawful status.

In a recent case a photographer authorized the operators of a travel website to publish one of his photographs on their website.

On the basis of current practice of the Hungarian tax authority, Hungarian taxpayers are not always able to recover value added tax they pay even the Court of Justice of the European Union had stated