Month: December 2016

Retire in Europe

Retire in Europe

Monday, 19 December, 2016

Do you want to enjoy your retirement under mild climate, in a safe environment and stable economy? Retire in Europe and enjoy the good infrastructure and high culture.

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How does the small business tax (KIVA) change in 2017?

How does the Hungarian Small Business Tax (“KIVA”) change in 2017?

Monday, 19 December, 2016

KIVA is short for Small Business Tax in Hungarian (“Kisvállalati Adó”). It is a tax construction that can be chosen by small businesses if they fulfil certain conditions. Let’s see how KIVA changes in 2017.

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How does VAT in Hungary change in 2017?

Monday, 19 December, 2016

Value Added Tax, or VAT in Hungary is a consumption based tax, which is regularly added to the net price of products sold. If you have a company and you can reclaim VAT, its sum will matter to you. So let’s see the changes to VAT in Hungary in 2017.

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What are the changes to the tax declaration process in 2017?

Monday, 19 December, 2016

Hungarian taxation rules are quite strict. If you run a Hungarian company, you need an accountant who is knows the latest updates to regulations and all declaration process changes.

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How do Hungarian personal income tax and social contributions change in 2017?

Monday, 19 December, 2016

Personal income tax in Hungary is currently 15%. It is deducted from the gross salary of employees, who get only their net salary. It is the employer who transfers taxes and contributions to the authorities. This will not change in 2017 – let’s see what will!

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International schools in Hungary

Monday, 19 December, 2016

In Hungary, children usually start school at the age of 6, and continue until the age of 18. Budapest offers several educational opportunities for non-Hungarian children of all ages, mostly in English, French, German, as well as some other languages. We present primary and secondary schools (also called general education) here; please refer to this post for foreign-language university education.

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Several Hungarian universities accept foreign students

Hungarian universities for international students

Monday, 19 December, 2016

Many local universities offer English-language courses within student exchange frameworks like Erasmus, and several Hungarian universities offer courses or whole degree programmes in foreign languages, mainly English and German.

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9 per cent corporate tax to make running a business in Hungary more attractive

9% corporate tax to make running a business in Hungary even more economical

Wednesday, 14 December, 2016

If you want to set-up a company in the EU, Hungary has been the best choice for a long time. Now running a business in Hungary will become even more economical thanks to new legislation on 9% corporate tax from 2017.

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Summer events for students in Hungary

Summer events for students in Hungary

Thursday, 8 December, 2016

After you have passed all your exams, you probably want to forget about textbooks and classes and just have fun for a while. Luckily, Hungary offers a range of summer events, including various music festivals in all sorts of locations and musical genres, so you can be sure to find your favorite.

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When does the school year in Hungary start?

When does the school year in Hungary start and end?

Thursday, 8 December, 2016

In Hungarian primary and secondary schools, the school year starts on the 1st of September and ends on the 15th of June. At universities, the exact start of the academic year can vary a little, but it is usually divided into two semesters.

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