Almost at the last second, two weeks in advance of the expiry of the time limit allowed, Mr Gergely Gulyás, MP, submitted an individual motion to the Parliament to extend, by an additional year, the time limit allowed for limited liability companies having a registered capital of less than three million Forints to implement a capital increase required by legislation and to ensure that their operations are covered by the new Civil Code of Hungary.

If employment claims are asserted it is not always unambiguous prima facie as to which cases can be referred to employment tribunal and which ones to an ordinary court. It is useful for both employers and employees to be aware of which body is responsible for adjudicating a labour dispute and how the claim can be asserted.

Act CCXXII of 2015 on the General rules for electronic administration and trust services entered into force on 1 January 2016 the provisions of which will among others replace the provisions of Act XXXV of 2011 on Electronic signatures

The following questions often arise in connection with pregnancy: When and in what form do the rules of employment law protect employees? What about employees involved in procedures using human reproductive technologies?

The most relevant rules regarding dependent multiple agents as of 1 January 2016. Act No. LXXXVIII of 2014 regulates insurance brokers in a separate book emphasising the importance of such insurance market operators.

NAIH proposes to data controllers that they should review their prospectus and adjust it to the content stated in its new recommendation, since it has found that prospectuses most of the times do not comply with the requirements of data protection which may result in unlawful processing of data.

New Government Decree regarding simple notification in respect of the construction of residential buildings

The National Tax and Customs Administration (NAV) deleted from its register taxable entities publishing advertising

The rules governing the protection of wages are based on ILO C95 Convention concerning the protection of wages which were promulgated by Act LIV of 2000 and also contained in the Labour Code

Presently, there are over 130,000 limited liability companies in Hungary having a registered capital less than three million Forints despite of the three-month deadline available for them to increase their registered capital.