• Tax law changes 2021

    On 17 November 2020, Parliament adopted the tax laws for 2021. Some amendments, such as the reduced rate of 5% VAT for construction of residential properties, have been included in other bills, however, our summary contains these changes as well.

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  • European Guide to Support Employers: Teleworking in Europe

    The global spread of Covid-19 is forcing employers worldwide to introduce teleworking.

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  • Entry Rules in Passenger Traffic

    As of 01/09/2020, the most important entry rules in passenger traffic are

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  • The most important legislative changes concerning judicial enforcement

    The Parliament adopted Act 92 of 2020 on the amendment of certain acts related to judiciary, which amended, among other things…

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  • Summer tax package 2020

    Before the beginning of the summer break, the Parliament has amended several tax laws and adopted new rules as well. The most important changes are summarized in our newsletter below.

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  • Andersen rebranding – special note from Karoly Radnai, Office Managing Director of Andersen Adótanácsadó Zrt., founder of OrienTax

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  • Andersen Debuts in Hungary

    Hungarian tax consulting company, OrienTax Zrt. and Szabo Kelemen & Partners Attorneys will adopt the Andersen brand in Europe and continue their activities jointly.

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  • COVID-19 – Support on Job-retention – HUNGARY

    High anticipation has preceded the newly announced  package of actions developed for job preservation, which is introduced below.

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  • COVID-19 – New Surtaxes Introduced – HUNGARY

    In order to enhance the financial sources of the Government to be spent on the actions against the coronavirus pandemic, special surtaxes have been introduced for banks and retailer chains.

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  • COVID-19 – Extraordinary State Aid for New Investments – HUNGARY

    To offset the negative economic effects of the coronavirus epidemic – with more favorable and simpler regulations than ever before -, the government has announced a competitiveness-enhancing…

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  • Further measures to mitigate the economic impacts of the coronavirus pandemic

    On April 4, 2020, the government introduced the epidemic prevention fund, to cover the cost of epidemic protection. The following steps serve to cover the HUF 663 billion budget of the fund. 3 and 2024 as well.

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  • New legislation process during emergency period

    Pursuant to a new legislation passed by the Parliament of Hungary the following shall apply from here on until the revocation thereof by the Parliament upon the termination of the state of danger.

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