Minimum wage increase in Hungary
The Hungarian Government has decided to increase the minimum wage and guaranteed minimum wage for the second time this year. Read about it HERE.
Hungarian whistleblower protection act to come into force on 24 July
The Hungarian Whistleblowing Act will come into force on 24th of July 2023 for companies with more than 250 employees and service providers subject to the Anti-Money Laundering Act regardless of the number of employees. The new Act also applies to companies with 50-249 employees from 17th of December 2023. Companies may also operate a […]
Newly introduced Whistleblowing regime in Hungary
The Hungarian Parliament adopted a new Whistleblowing Act on 11 April 2023 with the purpose of implementing the 2019/1937/EU Directive in Hungary. The Act is expected to be published soon and it will enter into force on the 60th day after its publication for companies with more than 250 employees, and service providers subject to […]
More favourable consumer complaint handling rules for businesses in Hungary
Pursuant to recent amendments to the Hungarian Consumer Protection Act, proceedings by the consumer protection authority can only be initiated after the consumer has tried to resolve the dispute directly with the business concerned. A written complaint submitted by a consumer shall be answered in writing within 30 days of receipt in a way that […]
“(Do not) fake it till you make it” – new regulations on publishing consumer reviews
The Omnibus Directive adopted by the European Parliament and the Council of the EU at the end of 2019 introduced material changes to consumer protection laws across the EU and the new legislation has already been implemented in Hungary. One key change is the regulation of consumer reviews. If traders provide access to consumer reviews […]
Websites associated with air travel sector in sights of Hungarian Competition Authority
The Hungarian Competition Authority (“GVH”) has found that most of the websites of airlines operating in Hungary (including low-cost airlines) and ticket price comparison websites, distort consumers’ choices through imperceptible methods. The GVH provided recommendations to the operators of these websites and to consumers in order for them to comply with consumer protection regulations. The […]
Checks to be expected on language use in advertisements
The Minister of Justice of Hungary announced that consumer protection checks will begin this year to protect the Hungarian language. In advertisements published/broadcast in media products, and on radio and television programmes in Hungarian, the foreign language text must – with few exceptions (e.g., name of a company or trademark) – also appear in Hungarian. […]
Checks to be expected on language use in advertisements
The Minister of Justice of Hungary announced that consumer protection checks will begin this year to protect the Hungarian language. In advertisements published/broadcast in media products, and on radio and television programmes in Hungarian, the foreign language text must – with few exceptions (e.g., name of a company or trademark) – also appear in Hungarian. […]
Partnership with the Polish-Hungarian Chamber of Commerce
PETERKA & PARTNERS Hungary has partnered with the Polish-Hungarian Chamber of Commerce to deliver legal and business news to the Chamber’s members every month.You can read this month’s short articles on the Chamber’s website.
New KATA tax system legislation in Hungary
Az Országgyűlés elfogadta és a köztársasági elnök 2022. július 18-án aláírta a kisadózó vállalkozások tételes adójáról szóló 2022. évi XIII. törvényt, amelynek értelmében 2022. szeptember elsejétől jelentősen korlátozzák, hogy ki lehet a kisadózó vállalkozások tételes adójának (továbbiakban: KATA) alanya. A törvénymódosítás értelmében az új KATA csak olyan főállású egyéni vállalkozók részére lesz választható főszabály szerint, […]