Eversheds News RSS | Hungary

Special corporate governance rules introduced during the pandemic again

2020-11-27

Special corporate governance rules introduced during the pandemic again On 16 November 2020, a Government Decree was issued that prescribes the application of different company law rules again and adds new opportunities for corporate decision-making...

COVID-19 - The Government introduced new protection measures

2020-11-11

COVID-19 - The Government introduced new protection measures As of 11 November 2020, the Government introduced further restrictive measures and as economic protection measures different state subsidies and supports became available. Dow...

The Government proclaimed state of emergency again and introduced further protection measures 4 November 2020

2020-11-06

COVID-19 The Government proclaimed state of emergency again and introduced further protection measures 4 November 2020On 3 November 2020, the Government Decree 478/2020 (XI. 3.) on the declaration of the state of emergency and the Government Decree...

COVID-19 Amendments to the law on foreign investments in Hungarian companies engaged in certain strategic industries

2020-07-07

Amendments to the law on foreign investments in Hungarian companies engaged in certain strategic industries 7 July 2020A new Act re-regulated the provisions on the notification obligation related to foreign investments in companies established in Hu...

COVID-19 State of emergency is over: Are the employment regulations previously introduced in response to the emergency situation still applicable?

2020-06-26

COVID-19State of emergency is over: Are the employment regulations previously introduced in response to the emergency situation still applicable?26 June 2020Following the decision of the Parliament and the Government, the state-of-emergency ended i...

COVID-19 New mandatory notification of foreign investments in Hungarian companies engaged in certain strategic industries

2020-06-11

COVID-19 New mandatory notification of foreign investments in Hungarian companies engaged in certain strategic industries 11 June 2020On 25 May 2020 Government Decree No. 227/2020. (V. 25.) was adopted, which prescribes notification obligation for f...

The Government introduced tax reliefs and extended deadlines

2020-04-23

The Government introduced tax reliefs and extended deadlines The Government decided on the tax reliefs previously announced, postponing the deadlines in connection with the annual report to 30 September. The payment of health services contribution b...

Reconsidered employment related Government measures

2020-04-23

Reconsidered employment related Government measures The Government modified the previously introduced wage subsidies: wage subsidies for researcher and developer employees and short-time allowance can be applied for on more favourable terms, the app...

Special corporate governance rules introduced during the pandemic

2020-04-16

Special corporate governance rules introduced during the pandemic On 10 April 2020, a Government Decree was issued that prescribes the application of different company law rules as part of the Government’s Economic Protection Action Plan and a...

New employment related Government measures

2020-04-16

New employment related Government measures Almost one month after the declaration of state of emergency in Hungary, on 10 April 2020, government decrees were issued containing new regulations and forms of state subsidies to mitigate the impact of th...

COVID-19 and Data Protection for Employers

2020-03-23

COVID-19 and Data Protection for Employers Can employees be required to provide data about their travels abroad or health? What information can be requested? Can employers do a thermometer test? In response to concerns, the National Data Protection ...

Important Notice: COVID-19

2020-03-16

Sándor Szegedi Szent-Ivány Komáromi Eversheds Sutherland Budapest office is working remotely16 March 2020 Dear Clients and Partners,In connection with the spread of COVID-19, from 16 March 2020 we are introducing until withdrawa...

COVID-19 - Q & A for Employers

2020-03-10

COVID-19 - Q & A for Employers In Hungary, the first patient infected with the new coronavirus (COVID-19) was registered in early March 2020, and since then others have been infected and isolated too. It is certain that further cases will...

Changes in the duty payment rules regarding foundations

2020-01-30

Changes in the duty payment rules regarding foundations 27 January 2020 As of 1 January 2020, the conditions of applicability of full personal duty exemption to the foundations were substantially changed. Until 31st December 2019, foundations suppor...

New Act amending sectorial laws necessary for the implementation of the data protection reform of the European Union

2019-06-27

New Act amending sectorial laws necessary for the implementation of the data protection reform of the European Union 26 June 2019Although the General Data Protection Regulation of the European Union (“GDPR”) has been in effect also in Hu...

Trust funds new legal instrument for the management of family wealth

2019-05-21

Trust funds – new legal instrument for the management of family wealth 20 May 2019 From 29 March 2019, Act XIII of 2019 on Trust Funds is effective. Legislation passed by the parliament provides the opportunity to establish trust funds for pub...

Preparations for Brexit dont leave it for the last moment

2019-04-02

Preparations for Brexit – don’t leave it for the last moment 1 April 2019 As a result of a referendum three years ago the United Kingdom is going to leave the European Union (Brexit) and thus in relation with the EU Member States ...

Recent amendments of the Hungarian labour law

2019-02-07

Recent amendments of the Hungarian labour law The rules of overtime work and the working-time banking period have been changed The Parliament adopted the amendments of the Hungaria...

GDPR is coming

2018-04-19

GDPR is coming! Processing personal data in the employment relationship The General Data Protection Regulation of the European Union (GDPR) that will in each member state uniformly regulate the legal framework of the protection of personal data wil...

GVH Guidelines on displaying online contents

2017-12-13

GVH Guidelines on displaying online contents The Hungarian Competition Authority (hereinafter referred to as: GVH), on 20 November 2017, published important guidelines on displaying such contents in social media that are based on paid agreements wit...

Amendments to merger control regime

2017-09-22

Amendments to merger control regime In 2017, the rules relating to the merger control by the Hungarian Competitions Authority (HCA) have been significantly changed. The scope of the amendments extends to the merger notification thresholds, the merge...

Dont forget to register with the Business-gate!

2017-08-30

Aim of the Business-gate Based on Act CCXXII of 2015 on the General Rules of Electronic Administration and Trust Services, as of 1 January 2018 electronic communication with the governmental bodies will be obligatory to all business organizations as...

Election of a work safety representative

2016-12-23

The recently amended Act XCIII of 1993 on Labour Safety (“Mvtv”) lays down that workers shall have the right to elect a representative or representatives from among themselves to represent their rights and interests related to occupation...

Eversheds launches EU Public Procurement Reform Guide 2016

2016-10-03

Eversheds has published the “EU Public Procurement Reform Guide 2016” on the status of implementation of the new procurement directives in the European Union. The initiator of the project and coordinator of the work of the international...

Forward thinking

2016-06-20

What would a Brexit mean for EU businesses operating in the UK? On 23 June 2016, the British public will decide whether the UK should remain in or leave the EU; this is seen by many in the UK as a once in a generation vote. A majority vote to leave ...

Changes in the Regulation of the European Union Trademarks

2016-05-23

The reform of the community trademark regulation The EU Directive 2015/2436/EU (Directive) and the related EU Regulation 2015/2424/EU Regulation) entered into force on 23 March 2016 which have introduced some relevant changes in the regulatio...

Change of Regulations lump sum for collection expenses

2016-04-26

The new rules on the regulation of the lump sum for collection expenses Act V of 2013 on the Civil Code added the lump sum for collection expenses as a new legal instrument to the Hungarian regulations in accordance with the relevant directive of th...

Global employment briefing: Hungary, October 2015

2015-10-19

Global employment briefing: Hungary, October 2015 Accidents at work under the influence of alcohol or drugsOn 1 July 2015 changes were made to the compulsory health insurance system,...

The Court of Justice of the European Union (CJEU) invalidated the Safe Harbour decision of the European Commission

2015-10-14

The Court of Justice of the European Union (CJEU) invalidated the Safe Harbour decision of the European Commission The judgment of the Court of Justice of the European Union in Case C-362/14 on Safe Harbour published on 6 October 2015 repeale...

Date of supply for periodically settled transactions to change in VAT

2015-07-27

Date of supply for periodically settled transactions to change in VAT In compliance with Articles 64 and 66 of the EU ...

Main changes for VAT for 2015

2015-07-25

Main changes for VAT for 2015

Global employment briefing: Hungary, May 2015

2015-07-24

Global employment briefing: Hungary, May 2015

New advertising tax introduced in Hungary

2014-09-15

New advertising tax introduced in Hungary...

The employment of the Consumer Relations Officer

2014-07-24

The employment of the Consumer Relations Officer In this newsletter, we would like to draw the attention of companies to the fact that an unqualified consumer relations officer can only be employed until the 31st July 2014 at the latest. As of 1 Jan...

The rules relating to breach of contract in the new Civil Code

2014-07-03

The rules relating to breach of contract in the new Civil Code Part I The new Civil Code entered into force on 15 March 2014, pursuant to Act V of 2013. This ...

Changes in Hungarian corporate law in the new Civil Code

2014-02-20

Changes in Hungarian corporate law in the new Civil Code The New Civil Code (Act No. V of 2013), which enters into force on 15 March 2014,– contrarily to the current Civil Code - will regulat...

Labour law changes from 1 August 2013

2013-09-22

Labour law changes from 1 August 2013 The new Labour Code (LC)was adopted almost a year ago and amendments were necessary in case of a number of provisions thus the Parliament corrected, specified or amended the provisions regarding remuneration, sa...

Eversheds News RSS | Hungary

Special corporate governance rules introduced during the pandemic again

COVID-19 - The Government introduced new protection measures

The Government proclaimed state of emergency again and introduced further protection measures 4 November 2020

COVID-19 Amendments to the law on foreign investments in Hungarian companies engaged in certain strategic industries

COVID-19 State of emergency is over: Are the employment regulations previously introduced in response to the emergency situation still applicable?

COVID-19 New mandatory notification of foreign investments in Hungarian companies engaged in certain strategic industries

The Government introduced tax reliefs and extended deadlines

Reconsidered employment related Government measures

Special corporate governance rules introduced during the pandemic

New employment related Government measures

COVID-19 and Data Protection for Employers

Important Notice: COVID-19

COVID-19 - Q & A for Employers

Changes in the duty payment rules regarding foundations

New Act amending sectorial laws necessary for the implementation of the data protection reform of the European Union

Trust funds  new legal instrument for the management of family wealth

Preparations for Brexit  dont leave it for the last moment

Recent amendments of the Hungarian labour law

GDPR is coming

GVH Guidelines on displaying online contents

Amendments to merger control regime

Dont forget to register with the Business-gate!

Election of a work safety representative

Eversheds launches EU Public Procurement Reform Guide 2016

Forward thinking

Changes in the Regulation of the European Union Trademarks

Change of Regulations  lump sum for collection expenses

Global employment briefing: Hungary, October 2015

The Court of Justice of the European Union (CJEU) invalidated the Safe Harbour decision of the European Commission

Date of supply for periodically settled transactions to change in VAT

Main changes for VAT for 2015

Global employment briefing: Hungary, May 2015

New advertising tax introduced in Hungary

The employment of the Consumer Relations Officer

The rules relating to breach of contract in the new Civil Code

Changes in Hungarian corporate law in the new Civil Code

Labour law changes from 1 August 2013

Trust funds new legal instrument for the management of family wealth

Preparations for Brexit dont leave it for the last moment

Dont forget to register with the Business-gate!

Eversheds launches EU Public Procurement Reform Guide 2016

Change of Regulations lump sum for collection expenses