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.
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Hírek
July 11, 2016
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.
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June 01, 2016
According to the council implementing regulation (EU) No 1042/2013 concept of immovable property will be introduced from 2017 in order to ensure a uniform tax treatment by Member States of supplies of services connected with immovable property.
Full text of Council in English is available here.
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May 31, 2016
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).
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May 27, 2016
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.
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May 17, 2016
From January 2017 there will be some slight changes in the Hungarian cafeteria system for the benefit of the employees.
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