Legal

We are glad to announce that ECOVIS International is taking a big step forward to strengthen its presence on the US-American market by having signed an agreement with Marcum LLP, which will make them the exclusive associated partner of ECOVIS International for accounting, tax and audit in the United States of America. Marcum LLP is one of the largest independent public... »

Hungary has become one of the most attractive countries in the region in respect of the creation and utilization of intellectual property thanks to the various tax-allowances. The Hungarian legislation amended the applicable law a month ago. If you are interested in this topic please contact our legal experts and we will provide you with a short summary.

The European Parliament and the Council adopted the Regulation on General Data Protection Regulation (‘GDPR’), which will replace the previous regulation and following it come into force in the first half of 2018, will be applicable directly in all Member States.  If you are interested in this topic please contact our legal experts and we will provide you with a short summary.

The Ministry of National Economy issued an opinion and concluded: no subsidy may be allocated in case of anyone else is owner of the property than the applicant(s). If you are interested in this topic please contact our legal experts and we will provide you with a short summary.

According to the relevant regulations on limited liability companies, the quotaholders of the company are entitled to decide on the payment of dividends by accepting the annual report. Worth to know that the Civil Code opens the door to the quotaholders to decide on the payment of dividends with different ratio than the capital contributions of the quotaholders. If you are interested in this... »

From January 2017 there will be some slight changes in the Hungarian cafeteria system for the benefit of the employees. If you are interested in this topic please contact our legal experts and we will provide you with a short summary.