Danku Tamás, TEP The Companies Registry In Hungary In Hungary, the corporate registry, known as the Companies Register, plays a crucial role in regulating business entities and ensuring transparency in corporate operations. Various documents are filed... 2024. márc. 27.
Dr Hancz Patrik What is ADR? Thoughts on Alternative Dispute Resolution The ter ms court, judge, defendant, plaintiff, etc., certainly sound familiar, but do you know that we have other options in order to resolve and close legal disputes and disagreements apart from liti... 2022. dec. 7.
Danku Tamás, TEP Hungarian Trust as an alternative of holding company The holding companies are widely used for a lot of different business purpose such as asset protection for families or direct investments of private equity funds, etc. Since the Hungarian Trust is sub... 2022. dec. 2.
Dr. Bács Miklós Peremptory Supervisory Board of Hungarian Companies Hungarian company may appoint German-style Supervisory Board with strong decision-making powers. The main role of the supervisory board is to monitor the management of the company in order to safeguar... 2022. szept. 30.
Danku Tamás, TEP Certificate of Good Standing of Hungarian companies The business registry of company – where you can apply for Certificate of Good Standing of Hungarian companies – is available for the public for free. But the free database usually is not up to date, ... 2022. szept. 29.
Dr Hancz Patrik The end of the world of shell companies? On December 22, 2021, the European Commission presented a key initiative against shell companies, which are created for tax avoidance purposes. The Unshell proposal is intended to ensure that legal en... 2022. szept. 26.
Danku Tamás, TEP Ultimate Benefical Owners Register in Hungary The Central Registry of Ultimate Beneficial Owners goes live in Hungary next year (2022) years after the deadline set in the AMLD4 and AMLD5.To enhance of transparency in the name of anti-money launde... 2021. okt. 2.
Dr. Bács Miklós EUID and BRIS – new EU-wide inventory tools for business companies The European Union has introduced two new instruments for certain types of companies that make it easier to obtain information and keep track of information at EU level for any individual in each Memb... 2018. júl. 11.
Robert Tornyi HUNGARY | Changes in the procedures of voluntary dissolution of companies Some significant changes will come from 01.07.2018 due to the modification of Act V. of 2016 (Ctv.) on voluntary dissolution.The new regulations should be applied for the processes started after 1st o... 2018. jún. 19.
Robert Tornyi The direct liability of the executive officer (managing director of comapnies registered in Hungary) In principle, the company is liable for the damages caused to third parties by the executive officer. In some special cases as exemptions, the executive officer can be liable personally for the damage... 2017. nov. 1.