Month: April 2020

State aid for reduced working hours in Hungary

State aid: 3-month allowance to protect jobs with reduced working hours in Hungary

Friday, 24 April, 2020

As part of the economic relief measures in Hungary related to the COVID-19 pandemic, the government will provide an allowance for 3 months for income lost due to reduced working hours.

Read More
IMF forecast for Hungary 2020 and 2021

Hungarian economy still strong according to IMF outlook

Thursday, 16 April, 2020

In the latest forecast published by the IMF, Hungary is listed among the economically strongest EU member states, with the least expected GDP loss in 2020, and an impressive comeback in 2021.

Read More
economic activities at a Hungarian company

Possible economic activities at your Hungarian company

Wednesday, 8 April, 2020

Discuss TEÁOR codes with your account manager when planning the company formation, so you can submit the right codes to the registry. You will need to revisit the concept of TEÁOR codes only if you want to alter or expand the range of economic activities of your company.

Read More