NEWS
Hungary allows business entry from certain countries
From 1 May 2020, citizens of the Czech Republic, Poland, South Korea, Germany, Austria and Slovakia will be allowed to enter Hungary for business purposes, and Hungarian citizens traveling to these countries for business purposes will be exempted from the rules of...
Tax reliefs, postponed tax returns and more attractive fringe benefits
On April 22, 2020, a government decree came into force which granted entrepreneurs a deferral until September 30 to submit their financial statements and tax returns. A number of other minor relieves have been introduced. Concerning any corporate tax, small business...
Collective redundancy in a nutshell
The coronavirus epidemic, which also affects Hungary, has a significant impact on the economy, including jobs. Several companies were forced to shut down, lost revenue and had to carry out a forced divorce from employees. In our article, we present the rules of...
State aid for short-time work in Hungary
The first governmental decree on the details and conditions of the previously announced support for short-time work was published on 10 April. However, the regulations were too complicated and therefore the Government made several modifications based on the incoming...
How to convene the general meeting during the epidemic?
Blooming lilacs are the sign of approaching high school final exams for students and, the period of annual general meetings for managing directors. Because of the epidemic special regulations apply to both high school seniors and managing directors, the latter are...
Postal services during COVID-19
From 04 April during term of the state of danger, extraordinary regulations have been introduced to postal services. Consignments that cannot be delivered by mailbox Items that cannot be delivered by mailbox, will not be delivered to persons in official quarantine....
Extraordinary rules of procedures during the pandemic
The previously ordered extraordinary court vacation has been lifted and court procedures may continue but personal contacts shall be avoided. A handful of procedures have been adapted to the epidemic. Terms of applying for excuse Concerning all procedures it has been...
Can COVID-19 be deemed as force majeure?
Many different actors of the economy already talk about invoking force majeure if necessary, as a ground to be exempted from certain obligations, even if just provisionally. The topic is already informally debated by the lawyers, but no standard viewpoint has been met...
Crisis management advices for employers
It is not an overstatement that the COVID-19 pandemic spreading in our country is fundamentally changing the world of labour, forcing employees, employers and legislation into unknown situations. We present to you below an overview of the most important labour law...
Founding a company from your own home
Because of the curfew announced recently many of us are forced to stay at home, our lives had slowed down. It is a time for some people to have brilliant start-up ideas. Fortunately, the law makes founding a company from the comfort of your home available. Personal...