Business law

The specialty of the firm includes general business law and corporate counselling, including the establishment of businesses with proper tax planning and advice, applicable to businesses ranging from propriatory-type businesses to larger-scale corporations.  We provide all necessary information about the legal environment when setting up and operating privately held companies in Hungary.

In Hungary, the documents necessary in establishing a business need to be countersigned by an attorney, and legal representation is required during the course of company registrations. In addition, we assist clients to obtain government licenses, and special approval, if necessary, for their business operations.  We have extensive experience in M&A transactions.  We also perform due diligence, and manage takeover and merger transactions from establishing a business plan to the actual start of operations along with tax and accounting advice.

Furthermore, we offer a full range of legal services to our corporate clients, including reviewing and drafting commercial contracts, assisting in administrative, and licensing procedures, trademark registrations, and representing clients in collection or other court procedures..

Our office is registered by the Budapest Bar Association as a law firm providing seat/virtual office services.

Property transactions

Our real estate practice includes due diligence of properties, issuing legal opinions for banks, and sale and purchase transactions of both residential and commercial properties.  We have been advising both sellers and purchasers, green-field investors, and banks providing mortgages.

Since the beginning of 2004, a new regulation allows easier sale of rooftop properties, which may be converted into condominium dwellings.  To keep up with this trend, our office has been involved in executing transaction documents for new and converted apartments, as well as completing all sale and purchase documentations.

Labour law

We have quite an extensive practice in the field of labour law matters, and we have been representing employers in labour disputes in and out of court as well.

Law of Inheritance

Rules of succession of the property upon the death of a person become of importance mainly when calculating the inheritance tax. With precautious and aware asset planning the dues to be paid to the state may be reduced. In addition, the existence of a well worded last will and testament may help the smooth transition in a company when the main shareholder or founder of the enterprise passes away. Situations that we avoid to speak of, but it is worthwhile to face with professional assistance.