Tightening the Financial Grip: Hungary Targets Civil Society and Cryptocurrency under Unified Transparency Policy
By Katona & Partners Law Firm Effective Date: July 2025 Jurisdiction: Hungary Practice Areas: Regulatory Compliance, Anti-Money Laundering (AML), Civil Society, Cryptocurrency, Public Law — 1. Introduction In a recent wave of regulatory developments, the Hungarian government has introduced two significant measures that – although ostensibly distinct – may jointly reshape the financial landscape for […]
New Direction in the Taxation of Dividend Transfers and Foundation Structures – What Does the 2025 Tax Package Hold for Individuals and Wealth Managers?
New Tax Rules from 2025: How the Latest Tax Package Affects Wealth Transfers and Foundation Structures On June 19, 2025, Act LIV of 2025 was adopted, making numerous amendments to tax obligations and tax laws, particularly focusing on the taxation of wealth transfers and wealth management foundations. Below, our office summarizes the key changes, highlighting […]
Navigating the Complexities of EU Customs Duties and VAT Regulations in 2025: Legal, Financial, and Managerial Perspectives for Businesses Operating in Hungary and Beyond
Dr. Géza Katona, LL.M.Katona & Partners Attorneys’ Association, Budapest Introduction As global trade becomes ever more interconnected, the regulatory landscape governing customs duties and Value Added Tax (VAT) within the European Union (EU) is evolving significantly. With EU customs rules 2025 on the horizon, businesses engaged in cross-border trade taxation face critical challenges and opportunities […]
Tax Optimization for Families and Family Wealth Management in Hungary – Legal, Financial, and Managerial Perspectives
Introduction In recent years, growing attention has been paid to the conscious and professional management of family wealth and effective tax optimization. In Hungary, family wealth planning—particularly the taxation of family wealth management—requires a high level of professional expertise and in-depth legal knowledge. An appropriate strategy not only helps minimize tax burdens but also contributes […]
EU Law and Product Imitation: A Comprehensive Guide to IP Protection and Legal Enforcement for Businesses in Hungary
Dr. Géza Katona, LL.M.Katona & Partners Attorneys’ Association, Budapest Introduction In today’s competitive market environment, the rise of counterfeit and imitation products presents significant challenges for businesses operating in Hungary and across the European Union. Protecting brand identity and product originality is essential not only from a legal standpoint but also for safeguarding financial investments […]
From Compliance to Strategy: Understanding Hungary’s ESG Reporting Duties under the CSRD
Dr. Géza Katona, LL.M.Katona & Partners Attorneys’ Association, Budapest Introduction The Corporate Sustainability Reporting Directive (CSRD), formally Directive (EU) 2022/2464, represents a significant evolution in the European Union’s regulatory framework governing environmental, social, and governance (ESG) transparency. Hungary has transposed the CSRD into domestic law via Act CVIII of 2023 (commonly referred to as the […]
Private Investment Foundations in Hungary: Legal Advantages, Risks, and Why You Need Legal Counsel
Introduction: The Rise of Private Investment Foundations in Hungary In recent years, the Private Investment Foundation (PIF) has become an increasingly popular legal vehicle in Hungary for asset protection, wealth management, and long-term succession planning. Particularly favored by high-net-worth individuals and corporate actors, these foundations offer a blend of legal security, tax efficiency, and estate […]
Personal Income Tax in Hungary: A Strategic Advantage for Individuals Seeking Residency
Hungary offers a compelling tax environment for individuals considering relocation, with a flat personal income tax rate of 15%, among the lowest in the European Union. This straightforward system simplifies tax compliance and minimizes liabilities, making Hungary an attractive destination for expatriates and freelancers. (taxmoveci.com) Understanding Hungarian Tax Residency To benefit from Hungary’s tax advantages, […]
Unlocking Opportunities: Understanding Hungary’s Competitive Corporate Tax Rate and Its Impact on Business Growth
In the heart of Europe lies Hungary, a country often overshadowed by its larger neighbours, yet uniquely poised as a beacon for business growth. With one of the lowest corporate tax rates in the European Union, Hungary is unlocking opportunities that investors cannot afford to overlook. This competitive tax environment not only fosters entrepreneurial spirit […]
Sustainability Reporting Obligations from 2025 – What Should Hungarian Companies Be Aware Of?
Hungary transposed the Corporate Sustainability Reporting Directive (CSRD) (Directive (EU) 2022/2464) into national law through Act CVIII of 2023, commonly referred to as the ESG Act. This legislation amended the Hungarian Accounting Act (Act C of 2000) by introducing a new Chapter III/A, which outlines the sustainability reporting obligations for companies operating in Hungary. Key […]