Hungary News Hotspot
Due to recent political changes, Hungary’s business and legal regulatory environment is expected to undergo fundamental transformation. This will create new opportunities for foreign enterprises and investors. On this page we provide weekly summaries and updates on the most important legal, regulatory, and market developments that affect enterprises seeking to establish investment or business relationships in Hungary.
End of emergency legislation – status: Act of law
At the outbreak of the Russian-Ukrainian war, emergency legislation was introduced granting the Hungarian Government expanded legislative power which was exercised through governmental decrees. Abolishing the opportunity, the state of emergency which had been in place since 2022, came to an end on 14 May 2026.
Amendment to the Hungarian Constitution – status: Parliamentary proposal
A proposal to the Hungarian Parliament was submitted to amend the Hungarian Constitution. According to the proposal, the amendment would limit the term of office of the Hungarian Prime Minister to a maximum of two terms (eight years), abolish the Sovereignty Protection Office, and enable the state to reacquire certain assets transferred to public-interest asset management foundations.
Release of EU funds – status: Press release
An agreement has been reached between Hungary and the European Union concerning the release of EU Funds towards Hungary in the amount of EUR 16.4 billion. The parties have agreed on the specific milestones and conditions for disbursement. The EU funds can be utilized in the following key investment areas: the development of transport infrastructure, healthcare services, social infrastructure, and environmental projects.
Introduction of wealth tax and reassessment of tax exemptions applicable to trusts – status: Published governmental measure
In accordance with the promise undertaken by the new ruling political party a wealth tax will be introduced in Hungary. Further the tax exemptions currently applicable to trusts will be reviewed. The Minister of Finance has been tasked with the preparation of the framework of the relevant legislation by 5 June 2026.
Review of enforcement, notarial and company winding-up proceedings – status: Published governmental measure
It is proposed to review the existing judicial enforcement, notaries, and liquidation/insolvency proceedings. The objective of the reform of these systems is to make the procedures more cost-effective, efficient, and less profit-oriented.
