Establishment of a new professional organisation operating at the Hungarian Chamber of Commerce and Industry may accelerate the settlement of legal disputes arising out of building-designing and construction contracts and performance

Although all companies keeping double-entry books and registered in the register of companies shall deposit their annual report, experiences show that many of them fail to comply or do not properly comply with such statutory provisions

Regarding CCTV systems operable by security guards, while complying with the fundamental principles of data protection, provisions of the Act on Property Protection shall be applicable, granting statutory authorisation to security companies for carrying out certain data processing tasks.

It requires especially careful consideration and circumspection of employees to handle such situations where, respectful of employees’ inherent rights, for the sake of production or operation, limitation of such rights in one way or another is deemed necessary.

Many people might remember that nearly all business companies were compelled to announce various data – among others, their tax identification number – to the company court until 1 February, 2013, which presented quite a challenge for both the participants of business life and the legal representatives thereof, but mostly for the company courts.

Among the legal amendments taking effect as of the commencement of this year, there are some changes that may affect the parties in the course of real property sale and lease.

As shown by experience, several cases occur, due to the economic crisis, when either party has to resort to changing some provisions of a lease agreement.

Labour law changes with effect from January regarding paid leave have implications on two major fields: new rules apply for vacation entitlement due to age and there is a new option allowing employers and employees to agree on scheduling not more than one-third of paid leave in the following year until 31 December.

It is an increasingly frequent requirement of companies to move their seats to another European member state

Hungarian laws allow comparative advertising however, strict regulations should be complied with in order that the comparative advertising be actually deemed legal.