Legal news and expert advice in one place

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

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

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

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

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

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

Alternative: D Orders the Parcel Transport in Poland Himself If the actor who orders the transport in the chain business is in the middle of the chain, i.e. a taxpayer who acts both as an acquirer and as a seller in the chain transaction, both Hungarian VAT law and German

Corporate Tax in Hungary: This article is the fourth part of a comprehensive seven-part series on corporate taxation in Hungary. While earlier parts covered the general rules and tax benefits, this segment focuses on the tax treatment of investments in capital assets — a crucial area for businesses aiming to

This is the final article in our series covering key rules of corporate taxation in Hungary. After exploring general and special provisions of the tax system, we now turn to penalties and Late Payment Surcharges in 2025. 1. Sanctions for Non-Compliance Hungary’s tax system emphasizes voluntary compliance, but failure to