In 2018 six Saturdays will be working-days. Practice shows that many of the employers either allow employees leave office earlier or do not even request them to go to work at the weekend. However employers can decide to allocate vacation time to Saturdays being working-days and in this case employers have no other choice but to accept it unless their labor contract specifies otherwise.
How is... »
Legal
January 16, 2018
The Government Decree no. 455/2017. (XII.27.) entered into force on the 27 of December, 2017 grants pre-emptive rights in favour of the Hungarian State in respect of some ten thousand real estates located at world heritage sites.
How do you know where these sites are? What does it even mean that the State has a pre-emptive right on the real estates listed on 1824 pages in the annex to the... »
November 03, 2017
The Constitutional Court decided: rules of the inheritance in the act on the trading of agricultural lands are to be changed. The Constitutional Court ruled that the Parliament caused unconstitutionality by failure when adopted the act on the trading of agricultural lands.
Previously, we discussed in details the topic of inheritance of agricultural lands including that in case of... »
October 17, 2017
The information letter recently released by the tax administration (‘NAV’) is useful for those who are about to buy land as it not only explains the rules on land acquisitions exempted from duties but also advises on the inspection of the compliance with the said rules.
The tax administration accepts the undertakings of the conditions for exemption from duties simply on the grounds of... »
October 03, 2017
We are pleased to announce that new experts have joined ECOVIS HUNGARY.
From September 2017 Dr Szilvia GECSER joined as an associated attorney who specializes in data protection law. The senior lawyer who works in Hungarian and English has been the member of the Budapest Bar Association since 2004.
Our office has long expertise in the field of mining law. Our colleague, equity... »
September 19, 2017
Ecovis Hungary Legal has signed a cooperation agreement with the National Association of Large Families (NALF) heavily discounting its legal services for NALF members.
A minimum discount rate of 15% applies to all types of cases: reduced rates are available for any legal matter from transfer of ownership of a real property through issues of companies or other entities and to classical... »
