Loss of equity can have serious consequences for companies in Hungary. Failure to solve the capital situation in time may lead to irreversible liquidation of the company. The main ...

A for-profit company is basically set up with the aim of distributing profits to the owners in proportion to their shareholding in the company, i.e. dividends. Dividends can only b...

One of the most significant changes in 2024 to the Act on Accounting is the introduction of deferred tax in Hungarian accounting thanks to the global minimum tax harmonisation, mea...

The time comes in the life of every company when tried-and-tested accounting software loved and known by the accountant needs to be replaced by another one to meet the changing nee...

We previously looked at own investments that represent equity investments, when a company buys back its own shares or stakes in its own business based on a resolution by its main d...