Dr Hancz Patrik Trust Structuring The new Civil Code 2013 introduced the concept of the trust as fiduciary asset management contract (FAMC or trust) in y2014. The concept of this new type of contract was drawn up on the basis of the m... Wealth & trusts Útmutató Jun 28, 2022
Dr Hancz Patrik Tax issues in fiduciary asset management Assets under management is subject to corporate tax, has its own tax number. But its tax obligations (filing, declaration, payment of taxes, etc.) are fulfilled by the trustee. This strange line-up ra... Wealth & trusts Útmutató Jun 21, 2022
Dr Hancz Patrik Wealth management? 5 + 1 important information on the long-term investment account (TBSZ) Today, we look at a very useful institution for tax purposes. We gathered the most important information in case e.g., we would like to trade on a stock exchange or possibly invest in government secur... Wealth & trusts Útmutató Jun 14, 2022
Danku Tamás, TEP Family Law and Defined Inheritance Rules PROBATE PROCESS The local authority of the deceased person’s last place of residence is responsible for preparing the probate proceedings, but they are conducted before the appointed probate notary. A... Wealth & trusts Útmutató Jun 10, 2022
Danku Tamás, TEP Type of Entities in Hungary Under Hungarian law, entities may be natural or legal persons and associations of persons without legal personality. From an estate planning perspective, the main types of companies (legal persons) in... Company formation & corporate Útmutató Jun 10, 2022
Danku Tamás, TEP Domicle concept for Gift and Inheritance in Hungary On 4 July 2012, the European Union adopted Regulation (EU) No 650/2012 of the European Parliament and of the Council of 4 July 2012 (the European Succession Regulation) The Regulation applies to decea... Wealth & trusts Útmutató Jun 10, 2022
Dr Hancz Patrik The advertising tax is coming (again) First, it is important to point out that the advertising tax has not actually been abolished earlier, the tax rate has been reduced to 0% of the tax base from 1 July 2019 to 31 December 2022. This tem... Tax Útmutató Jun 9, 2022
Dr Hancz Patrik Restrictions or extra-profit tax? The company car tax has almost doubled On Saturday, June 4, a government decree on the extra-profit tax was published in the Hungarian Gazette, which aims to restore the balance of the budget. We find not just new taxes in the government d... Tax Útmutató Jun 7, 2022
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... Compliance Útmutató Oct 2, 2021
Dr. Bács Miklós HUNGARY | Foreign Acquisition Need Permit From The Government As part of the economic protection package introduced by the Hungarian Government, another measure restricting the acquisition of property by foreigners in Hungarian companies appeared in the National... Company formation & corporate Útmutató May 26, 2020
Dr Hancz Patrik RULES OF CHOOSING A COMPANY NAME IN HUNGARY In the case of newly created businesses, the name we give to our business will identify us, our products and services. We summarized the choice of company name legislation: thecompanynamemustcontainth... Company formation & corporate Útmutató Feb 27, 2019