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 I. Relocating a Company Seat to Germany Under the Hungarian corporate regulations in effect in 2025, a Hungarian limited liability company (Kft) cannot directly relocate its registered seat to Germany while maintaining its legal personality. Within the framework of cross-border corporate law, the Hungarian company must first be transformed into

At Katona & Partner Attorneys’ Association, we offer modern and efficient legal solutions for international clients who require company formation, corporate amendments, or real estate transactions in Hungary. With the help of electronic authentication and remote client identification, our clients can now sign and finalize legally binding documents without needing

Anti-Money Laundering Policy: Updates to Anti-Money Laundering Regulations Based on the 2024 Legislative Changes Under the 2024 legislative changes, companies and organizations primarily engaged in financial services or various money-handling activities are required to update their anti-money laundering (AML) policies. The following companies and sectors are affected by the update

Family wealth succession planning is a critical issue for wealthy families. Choosing the right succession structure not only affects the simplicity and speed of the inheritance process but also has significant tax implications. In this article, we compare three common methods of succession planning for family wealth worth 600 million

The Chinese market offers vast opportunities for businesses worldwide, including those from Central Europe. However, entering this dynamic market requires a thorough understanding of the intellectual property (IP) protection system in China. The intellectual property protection in China has been a critical concern for international businesses, with challenges arising from

Contents:  1. Factual Background  2. Client Request/Legal Question  3. Legal Sources  4. Model Presentation     – A. Outline     – B. Process and Legal Requirements/Aspects       – I. Direct Refund from the Hungarian Tax Authority       – II. Refund Application in Austria  5. Conclusion  1. Factual Background  The logistics company

A family constitution is a document that outlines a family’s values, objectives, and guidelines, particularly concerning asset management and tax planning. Incorporating tax planning strategies into the family constitution can assist in effectively managing and preserving family wealth across generations. Below is a detailed discussion of the advantages and disadvantages

Tax optimization plays a crucial role in family wealth planning, aiming to efficiently manage and preserve assets across generations while minimizing tax liabilities. Instruments for Family Wealth Planning Several tools can aid in tax optimization within family wealth planning: – Trusts: A legal arrangement where a settlor transfers assets to

Family Wealth Planning: Ensuring the preservation and proper transfer of family wealth is a central concern for every responsible asset manager and family head. In Hungary, several options are available for family wealth planning, including a will, a foundation, and trust administration, each serving as effective tools. But which is