Friday, 31 March, 2017
If you are an international businessman looking to extend your business to Europe, forming a Hungarian company might be one of the best solutions. By setting up your European base in Hungary, you can enjoy the lowest corporate tax rate, a Schengen visa, an immediate VAT number, low business costs.
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Tuesday, 28 March, 2017
Having an EU VAT number improves trading relations with European partners quite a bit. Cross-border transactions are mostly exempt from VAT if both you and your business partner have an EU VAT number. Needless to say, this is greatly beneficial for your cash flow as well as for VAT administration.
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Saturday, 25 March, 2017
It seems increasingly unlikely that the UK will get any kind of sweetheart deal from the EU after Brexit. This means that your UK company will no longer have access to the European single market, and that you as a UK national will lose the right to move freely within Europe.
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Wednesday, 22 March, 2017
Getting a place in a co-working space might make sense in the initial phase of building your company. Once your company has expanded to several full-time employees, you might want to rent an office of your own.
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Monday, 20 March, 2017
Hungary is one of the best places if you want to start a business in Europe. You only need 3 things: a registered address, a bank account and an accountant.
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Tuesday, 7 March, 2017
Bank holidays are days when most people are not required to work. In Hungary, Sundays count as holidays, while Saturdays are usually also rest days. Besides, there are 11 bank holidays in Hungary in 2017 (a new one, Good Friday has just been announced).
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