NEWSROOM

Permanent asset management is coming – new taxation, accounting, and duty regulations starting in September

On 19 June 2025, new rules were announced, bringing significant changes to the taxation and accounting regulations for trust foundations. The legislator's goal was to unify previously interpreted regulations and create a clear legal and tax environment.

Simplifying the GDPR for small and medium-sized businesses

The European Commission is working on changes to the General Data Protection Regulation (GDPR) to make life easier for small and medium-sized businesses (SMEs), as per its proposal published in May 2025.

The National Tax and Customs Administration of Hungary (NAV) launched its summer inspection campaign

The National Tax and Customs Administration of Hungary (NAV) launched its summer inspection campaign in June. As part of the nationwide operation, inspectors are conducting checks at popular tourist destinations, beaches, festivals and other outdoor events, among other locations.

New Hungarian rules bring flexibility to water management

A new government decree issued by the Ministry of Energy entered into force on 25 July 2025, aiming to make water management regulations more transparent and flexible.

New supplementary decree to the ESG Act

As of 20 June 2025, the Hungarian ESG Act was amended once again. By amending the transitional provisions of the ESG Act, the amendment provided further relief to enterprises in terms of their sustainability due diligence obligations for the 2024-2026 financial years, thereby reducing the burden on enterprises subject to the ESG Act.

The detailed rules of the Home Start programme have been published

On 31 July 2025, the Government Decree on the Home Start Programme was officially published, setting out the conditions for subsidised housing loans with an interest rate of up to 3%. The loan is intended to help young people buy their first home.

Commission presents voluntary sustainability reporting standard for SMEs

30 July 2025, the European Commission adopted a recommendation to introduce a voluntary sustainability reporting standard for small and medium-sized enterprises (SMEs) in order to reduce administrative burdens and facilitate the easier sharing of sustainability information among market participants.

"Mall Stop": Government Further Tightens the Rules on Permits for Commercial Buildings

In June of 2025, the Ministry of Construction and Transport published a draft law that would amend the government decree on the procedure for granting permits for changes of the intended purpose of commercial buildings.

EU-Inc pushes for unified ESOP to boost startup talent retention across Europe

In June 2025, the grassroots initiative EU-Inc introduced a proposal calling for the creation of a unified Employee Stock Option Plan (EU-ESOP) as part of its broader effort to establish a pan-European startup framework.

New FDI rules in Hungary

On 1 June 2025, the Hungarian Parliament adopted a new Act whose provisions affecting FDI rules will enter into force on 19 August 2025.