Higher tariffs can be imposed on dumped or subsidised imports in order to better protect EU jobs and businesses, under a December 2017 informal agreement approved by the European Parliament in May 2018.
A joint statement was issued by Andrus Ansip (EC Vice-President), Dimitrisz Avramopulosz, Julian King and Mariya Gabriel (EU Commissioners) on the first EU-wide legislation on cybersecurity, i.e. the Directive on Security of Network and Information Systems (NIS Directive) that Member States had to implement into national law by 9 May…
On 29 May 2018 the European Parliament adopted a resolution on the revision of the rules on posting of workers.
With the emergence of new technologies, such as cloud computing, big data and artificial intelligence, the possibility to move data freely has become a key issue for European companies.
The so-called Integrated Legislation System (ILS; in Hungarian: Integrált Jogalkotási Rendszer) is planned to be implemented in Hungary by the end of 2018. The main purpose of the ILS is the reduction of the administrative burdens of the public administration and the increase of the quality of the services for…
Hungarian businesses have the “sword of Damocles” hanging over their head as the new European data protection regulation (“GDPR”) is applicable as of 25 May 2018. Due to the fact that the majority of the Hungarian companies are micro-enterprises, the administrative burdens cause an impossible obstacle to them.
Under the Hungarian VAT Act, from 1 January 2016 instead of the general VAT tax rate of 27%, a reduced tax rate of 5% is applicable to the flats to be constructed or existing in a multi-unit residential building with a total net floor space not exceeding 150 square meters.
The European Commission proposed new company law rules on 25 April 2018 to provide companies better business opportunities in the EU's Single Market and to ensure that cross-border operations (conversions, mergers and divisions) are accompanied by adequate safeguards against abuse.
According to the Working Party 29 (WP29), i.e. the group uniting the European data protection authorities, the practice of harvesting personal data from social media for economic or political reasons has become much wider spread recently.
In 2015 Hungary introduced two special progressive taxes, i.e. the ‘food chain inspection fee’ in order to cover the costs of sanitary inspections and the ‘healthcare contribution’ to reduce the negative effects of tobacco products on public health and the expenses of operating public healthcare.