KRS represented Hungary's leading cosmetics company, HÉLIA-D Kft., in a competitor acquisition during contract negotiations, legal due diligence and contract conclusion.

It gives us a great pleasure to inform you that as a result of several years of professional research, preparation and development work, our office has launched its legal services interface of

In most cases, employers install a GPS tracker in the vehicles they own to monitor the employee. However, this practice is not considered lawful without an established privacy policy, a balancing test and an associated privacy impact assessment, and we usually find infringing practices in many cases, so we summarize below how a GPS can be used legally, thus avoiding a potential fine.

How to track your company car via GPS legally?

As it is widely known from the press, from 1 January 2021, if certain requirements are all met, the VAT rate is 5% instead of 27% for the sale of new-build flats and for the consideration for the construction services in connection with the construction of new-build flats under independent contractor agreements.

A well-designed and well-managed bankruptcy procedure can be an excellent tool for reorganisation, for many companies, even those facing financial difficulties due to the viral situation, to be a means of survival and even innovation!
Our writing draws attention to important aspects of bankruptcy agreement.

In the Civil Code (hereinafter referred to as the ‘Ptk.’), the provisions of Book Seven on the law of succession prescribe that ‘upon a person’s death, their estate shall pass as a whole to their heir’, and ‘upon the opening of the succession, the heir shall obtain, without acceptance or any other legal act, the estate, the part of the estate or a certain object of the estate granted to them.’

KRS acted as the Hungarian legal advisor in a transaction between the korean Nongyhup Bank and SK Battery Hungary Kft., concerning the conclusion of a loan agreement and in the loan drawdown.

Dear KRS Clients,

KRS acted as the Hungarian legal advisor in a transaction between the korean KDB Bank and SHINHEUNG SEC EU Kft., concerning the conclusion of a loan agreement and in the loan drawdown.