Doing Business in Hungary – 5 Most Important Legal Facts

In its recent economic survey of Hungary, the Organization of Economic Cooperation and Development (OECD) highlights a convincing picture of the country’s economic achievement. New Civil Code in Hungary Act V. of 2013 on Civil Code (New Hungarian Civil Code) came into force on 15/03/2014, and it implemented some fundamental changes in the Hungarian private law system. The New Hungarian Civil Code is based on the most recent EU standards,…

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