The National Tax and Customs Administration (NAV) deleted from its register taxable entities publishing advertising

The rules governing the protection of wages are based on ILO C95 Convention concerning the protection of wages which were promulgated by Act LIV of 2000 and also contained in the Labour Code

Presently, there are over 130,000 limited liability companies in Hungary having a registered capital less than three million Forints despite of the three-month deadline available for them to increase their registered capital.

Changes to the tax legislation expected to come into force as from 2016 and 2017 will introduce several changes in the life both of businesses and private individuals. In this tax alert, we have summarised the most important changes submitted and adopted until 14 December 2015.

The European Parliament adopted at the beginning of October, then the Council of Ministers also gave the green light on 16 November to the new directive on payment services in the internal market (Directive on Payment Services 2) (PSD2).

In respect of public procurement procedures, thorough preparation for the procedure is of major importance since it will essentially affect the possibility for tenderers to participate, the time needed to conduct, and the outcome of, the procurement procedure, as well as the quality of the performance, and last but not least, it may lead to more efficient cooperation with the authorities.

One should be cautious in choosing a domain name in order to prevent the designation from being in conflict with the company name of another business or the trademark of another person.

When starting a new business, it is exceptionally important to choose a name, brand name with the help of which our business, our price and service could be distinguished by our customers

A fine of even HUF 20 million may be imposed on companies engaged in illegal data management as from October by the Hungarian National Authority for Data Protection and Freedom of Information.

What can we do if during the trip we paid for the promises made during booking are not fulfilled? The expert of Kovács Réti Szegheő Law Firm summarizes in writing the most important information worth knowing; the summary is made of two parts.