The Hungarian legal system is based on the continental European system being German-French and Roman law.
Contracts between parties can be enforced in Courts of law or, if specified in the contract, by arbitration conducted in an arbitration centre. Parties can agree as to the locality of the arbitration centre, be it in Hungary or abroad.
The main law which protects expats investing in Hungary is The Foreign Investment Act of 1988.
The Act provides full protection for the investments and businesses of a person who is not a Hungarian national and guarantees such person will be treated in the same manner and equally to a Hungarian national.
Our E Team lawyer in Budapest is a legal professional who specialises in assisting expats with all the legal needs and enquiries while in Budapest.
KCG Partners Law Firm
Offering a comprehensive range of legal services to international and local clients, KCG Partners Law Firm brings its expertise in providing innovative and professional legal solutions.
With their commitment and wide knowledge on corporate law, M&A, projects & energy, real estate, tax, employment, litigation, privacy and forensics, securitization, estate planning, and capital markets, they are able to develop and provide a problem-solving approach that creates value for their clients.
To know more about KCG Partners Law Firm, please find the contact details below:
Contact Person: Gabriella Galik