To enhance the competitiveness of the Hungarian economy, the Government plans to accelerate the process of setting up companies in Hungary for foreigners. Currently, individuals who do not understand Hungarian language, should wait days or even weeks to receive the decision from the Hungarian Company Registry Court certifying the registration of their new company.
Warning About the Existence of Grounds for Termination of Employment Contract – Who Can Issue this Act at the Employer?
According to the provisions of the Labor Law (“Law”), in case of (culpable) breach of work obligations or non-compliance with work discipline by an employee, before terminating the employment contract or imposing another measure prescribed by Law, the employer is obliged to warn the employee in writing about the existence of grounds for termination of the employment contract and to provide them with a deadline (of at least eight days from the date of receipt of the warning) to respond to the allegations included therein.
Preparing Companies for New Cybersecurity Obligations
The question is not "if" you will face a cyberattack, but "when". Ensure your cyberspace is resilient to security risks early. New cybersecurity regulation will impact many Slovak companies this year and next.
FDI Approval: The Rule That Does Not Dissapear, Just Keeps Changing
Since COVID, we have been living with a rule that makes the acquisition of ownership by foreigners in certain Hungarian companies operating in strategic sectors subject to government approval. Although we can no longer speak of a state of emergency, the rule is expected to stay with us for long – albeit with several modifications along the way, as happened in January this year.
Repealing Government Decree on the Different Application of Accounting
On 26 February 2024, the 34/2024 (II.26) decree on the different application of Act C of 2000 on Accounting during an emergency was published in the Hungarian Gazette, which repeals a decree issued a few days before, on 8 February.
Competition and Laws and Regulations in Albania
Contributed by Boga & Associates.
Competition and Laws and Regulations in Croatia
Contributed by Babic & Partners.
Competition and Laws and Regulations in Hungary
Contributed by Bird & Bird.
Competition and Laws and Regulations in Kosovo
Contributed by Boga & Associates.
Competition and Laws and Regulations in Lithuania
Contributed by Ilaw Lextal.
Competition and Laws and Regulations in Moldova
Contributed by Aci Partners.
Competition and Laws and Regulations in Montenegro
Contributed by Jovovic, Mugosa & Vukovic.
Competition and Laws and Regulations in North Macedonia
Contributed by Debarliev, Dameski & Kelesoska.
Competition and Laws and Regulations in Poland
Contributed by WLAW Woloszanski & Partners.
Competition and Laws and Regulations in Romania
Contributed by Nestor Nestor Diculescu Kingston Petersen.
Competition and Laws and Regulations in Serbia
Contributed by Bojovic Draskovic Popovic & Partners.
Competition and Laws and Regulations in Slovenia
Contributed by Kavcic, Bracun & Partners.
Competition and Laws and Regulations in Ukraine
Contributed by Integrites.