Law Memo

Hungary

August 14th 2017

Hungary is an independent, democratic, constitutional country located in Central Europe. Through its membership of the European Union and its diplomatic ties, Hungary offers an entry to the whole market of the EU. With highly skilled and educated work force, inexpensive and high-quality raw materials, Hungary is strategically located within the EU ...

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Trust fact sheet

August 14th 2017

Although Hungary has had a continental legal system, it implemented the English type trust to its legal system. The Civil code contains the trust section and the Trustees Act deals with the detailed rules of the trustees’ activities and responsibilities ...

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