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Pandemic measures tightened due to the second wave of the coronavirus

Pandemic measures tightened due to the second wave of the coronavirus

by Ádám Illés, LL.M | Nov 17, 2020 | Coronavirus, Tax

In light of the second wave of COVID-19, Hungary introduced a partial curfew, restricted the opening hours of shops and took a few measures to protect the economy. From midnight 11th November 2020, a curfew is in effect between 8 pm and 5 am which means that everyone...
Insolvency proceedings during the epidemiological preparedness

Insolvency proceedings during the epidemiological preparedness

by Ádám Illés, LL.M | Sep 29, 2020 | Claim management, Coronavirus

The regulations on epidemiological preparedness that came into force after the end of the state of emergency retained the amendments to the legislation on initiating insolvency proceedings aiming to help companies in difficult financial situation. In our article, we...
Employment law during pandemical preparedness

Employment law during pandemical preparedness

by Ádám Illés, LL.M | Sep 29, 2020 | Coronavirus, Employment

Special employment law rules adopted during the first wave of the coronavirus have already been repealed, hence, in the middle of the second wave, employers must act in accordance with the general rules but with special care and consideration. According to the rule...
Restrictions on foreign direct investments will apply at least until the end of the year

Restrictions on foreign direct investments will apply at least until the end of the year

by Ádám Illés, LL.M | Sep 29, 2020 | Coronavirus, Corporate Law

According to the law passed upon the end of the state of danger, until 31 December this year, a foreign direct investment (FDI) to a company operating in a strategic industry will require prior approval of the Ministry for Innovation and Technology (ITM). The concept...
Protective measures for the second wave of the coronavirus

Protective measures for the second wave of the coronavirus

by Ádám Illés, LL.M | Sep 29, 2020 | Coronavirus

Due to the second wave of COVID-19 and the growing number of infected people, the Government of Hungary has ordered new epidemiological measures from 21 September 2020. The relevant government decree stipulates that everyone, except a minor under the age of 6, must...
Travel restrictions due to pandemical preparedness

Travel restrictions due to pandemical preparedness

by Ádám Illés, LL.M | Sep 29, 2020 | Coronavirus

Due to the second wave of the coronavirus, the Hungarian government introduced travel restrictions that came into effect on September 1, 2020 to protect citizens in Hungary. According to Government Decree 408/2020 (VIII.30.) on travel restrictions during the...
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