Month: March 2020

The set of economic actions announced on 26 March, 2020

The set of economic actions announced on 26 March, 2020 has extended the scope of business activities upon which tax allowances are granted. Accordingly, the enterprises pursuing any of the following activities as their main business activity are relieved of the social contribution, the vocational contribution, the rehabilitation contribution advance, and they shall pay a

Continue Reading

The Government announced new economic set of actions on March 23, 2020

The significant measures included in the most recent economic set of actions the Government announced on March 23, 2020 midnight are as follows: 1. Certain acts of the court in the judicial enforcement proceedings will be suspended; during the term of the moratorium, certain enforcement acts are not to be executed (e.g., eviction, on-site auctions).

Continue Reading

Information on the coronavirus

Having regard to the extraordinary legal order (emergency) announced by the Hungarian government and the issues raised in the past period we hereby provide information, including, but not limited to, the coronavirus as follows: As a result of the emergency declared on 11th March the Hungarian government can introduce emergency measures. In this context, the

Continue Reading