Monday, 27 February, 2017
Your Hungarian accountant’s main task is to keep your Hungarian company’s books in order, while he/she is the person who represent you and your company before the Tax Authority. As a result, it is crucial that you always let your accountant know about any changes to the basic data of your company.
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Monday, 27 February, 2017
Your accountant will regularly file VAT reports to the authorities, in which your (EU) VAT number will be indicated as well as the VAT payable and VAT reclaimable. The frequency of VAT reports depends on your trade volume or activity.
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Monday, 27 February, 2017
When you open a Hungarian company, you immediately get an EU VAT number with it. But how can you use it to sell and acquire products or services within the EU without charging VAT on these sales?
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Tuesday, 14 February, 2017
Whether you already have a company in Hungary or you are planning to register one, understanding how the 9% corporation tax rate affect your Hungarian business is crucial for planning ahead in 2017.
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Tuesday, 14 February, 2017
No matter how great your performance is if you end up paying half of your profits to the government, right? Paying taxes is inevitable, but if you spend some time looking around and evaluate your options, you might save a lot on taxes.
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Tuesday, 14 February, 2017
The corporation tax in Hungary just got as low as 9%, making Hungary one of the best countries in Europe for setting up a company. Apart from the 9% corporation tax placing Hungary among the countries with lowest tax rates, there are other factors that make it an ideal place for setting up a company.
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Wednesday, 1 February, 2017
For the past decades, Hungary has offered the most favorable conditions for businessmen intending to set up a company in Europe. Now new regulations make it even more attractive. Read our tax alert and learn about the 9% corporate tax and more!
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Wednesday, 1 February, 2017
The Hungarian Investment Immigration program is up until the end of March, 2017. Apply now, or check out the other options available for investors who want to immigrate to Europe and start business here.
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Wednesday, 1 February, 2017
Managing directors can feel sometimes that the only purpose of financial accounting is to fulfil the requirements of the Tax Authorities. However, transparent and faithful representation is useful, as it is essential for informed decision making.
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Wednesday, 1 February, 2017
Company dissolution is one method of ceasing business activity of a company which does not have any liabilities. While company formation in Hungary is quick and easy, tying up loose ends might take some time.
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