Legal news and expert advice in one place

On our blog, you’ll find expert articles, practical advice and breaking news to help you navigate the world of law and finance. Whether it’s updates on tax law, property law issues or current business topics, you’ll find the most important information here.

On the Practical Implementation of the Restructuring Act

Objective: Avoiding InsolvencyWe would like to inform you about the latest practical changes regarding the implementation of the Restructuring Act, which came into force on January 1, 2024. The new regulation aims to enhance the efficiency of business operations while ensuring the protection of employees’ rights. Below, we summarize the

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Subsidiary or Branch?

Below, we compare the characteristics of a subsidiary or branch in tabular form for simplicity and transparency, so that economic actors can make their decision on establishment more quickly by weighing the pros and cons. Attribute Subsidiary Branch 1. Has independent legal personality Yes Yes 2. Establishment required Founding members’

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Can cost reimbursement be provided for home office work?

The popularity of home office work has significantly increased in recent years, and it has become an increasingly common option from a business operations perspective. Rules related to remote work, especially the issue of cost reimbursement, affect many employers and employees. In this circular, we would like to answer whether

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SME or Not an SME?

Hungarian small and medium-sized enterprises (SME) enjoy numerous benefits, such as grant opportunities, non-repayable subsidies, discounted loans, tax benefits, and tax exemptions. However, in many cases, those who wish to determine whether they qualify as an SME must navigate a complicated maze of legal regulations. In our country, as in

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Updates in the Legal Practice of Collective Action in Consumer Contracts

What is collective action in consumer contracts? The legal concept of collective action allows a legal entity or an organization representing the interests of consumers (e.g., a consumer protection association) to initiate a lawsuit on behalf of consumers in order to protect their rights. This is particularly important when consumers

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