NEWSROOM

New Restriction on Guest Worker Residence Permit Applications

According to a recent Government Decree, as of 6 June 2026, it is no longer possible to apply for a new ‘guest worker residence permit’.

Extended Working Time Frames in Hungary: Decree Expired, Impact Remains after the State of Emergency

The recent expiration of a key Hungarian Government decree has introduced important changes to working time arrangements, particularly in the tourism and hospitality sectors.

EU considers new social media age restrictions for minors

The European Union is considering new legislation that could introduce a minimum age requirement for access to social media platforms, following remarks by European Commission President Ursula von der Leyen at a conference in Copenhagen.

EU passenger package: one journey, one ticket

The European Commission has proposed new rules to make seamless travel across Europe a reality.

Iran-driven energy crisis may revive the EU's long-stalled energy tax reform

Rising energy prices following the escalation of tensions in the Middle East have not only increased pressure on businesses and consumers, but have also prompted renewed action at the EU level. In April 2026, the European Commission presented a new energy crisis response package, one of whose most noteworthy elements is the renewed focus on reforming the EU's energy taxation framework.

EU carbon market to be recalibrated

The EU is preparing a new round of targeted adjustments to its flagship carbon pricing instrument, the EU Emissions Trading System (EU ETS), as reflected in a Commission initiative published in April 2026 and analyzed in recent European Parliamentary Research Service materials.

The Tourism Sector Pushes for a Legal Reform

Tourism and hospitality associations, together with SMEs, are urging reforms in the Hungarian tourism industry. As an important milestone, professional consultation on a comprehensive “Tourism Act” was held at Budapest City Hall.

Turbulent Times for the Taxation of Trust Asset Management Structures in Hungary

On 14 May 2026, news emerged that the Hungarian Government had concluded that legislative action was required in relation to the tax treatment of fiduciary asset management (“bizalmi vagyonkezelés”) structures.

VAT Rules and Planned Changes in Hungary

The fundamental rules of the European Union’s value added tax (VAT) system are laid down in the 2006/112/EC Council Directive. The Directive establishes the minimum requirements with which the national VAT legislation of Member States must comply. Under the VAT Directive, each Member State is required to apply at least one standard VAT rate, which may not be lower than 15%.

New member, Noémi Herszényi-Csete

We are pleased to welcome a new member to our team. In April, Dr Noémi Herszényi-Csete joined KCG Partners Law Firm as a Junior associate.