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Summary 326 posts

Risks of a generation change - advantages of planned wealth transfer

Whether we are talking about a generation change within a family or the selling of a company, a customized structure serving the security of company assets and ensuring the continued operation of the company should be developed. An unregulated transfer of a company or wealth brings the risk of a reduction in value. The key is therefore conscious organization development and timely started preparation.

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Mátyás Budai
Lilla Németh

Employment supervision audits to replace labour inspections in Hungary

This year brought a change in the area of labour inspections also. The role of labour authorities was taken over by employment supervision authorities from the beginning of March 2021 and, as a result, labour inspections were replaced by employment supervision audits. Instead of the former labour inspections, employers can now expect employment supervision audits.

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The number of users is becoming the increasing factor in company valuation

During company evaluation, the primary purpose of determining the fair market value is to identify the value drivers of the target company. Today, in addition to the IT companies providing more and more popular subscription-based services, more and more companies active in other sectors are switching partially or fully to solutions based on monthly fees (Nespresso, MOL carsharing services).

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Tax allowances to boost youth employment

The corona epidemic posed a major challenge to the Hungarian economy affecting, among others, the income of the young population. However, incentives both within and outside the scope of the tax regime support the improvement of the labour market situation of young people. We gathered information on what employers and young employees may expect below.

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