Month: May 2020

Ecommerce and webshop in Hungary

Aspects to consider before creating a webshop in Hungary

Thursday, 28 May, 2020

The main sectors currently include electronics, toys, and presents, while the volume of “fast moving consumer goods”, meaning mostly groceries, meals and drinks has also been increasing, especially over the last few months.

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Subsidiary, branch office, commercial representative office

Subsidiary, branch office and commercial representative office in Hungary

Friday, 22 May, 2020

When you want to start doing business in Hungary, you might want not to create an individual LLC but set up an outpost of your foreign company, which can be a branch office or a commercial representative office.

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Payroll taxes and contributions reduced in Hungary

Payroll taxes and contributions reduced in Hungary during the pandemic

Monday, 11 May, 2020

Part of the economic relief measures in Hungary due to the coronavirus pandemic, some payroll taxes are reduced to help retain employees and heighten job security. The structure of fringe benefits and healthcare contributions also changes.

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Travel ban to Hungary lifted partially

Travel ban to Hungary lifted partially

Monday, 4 May, 2020

As of 1 May 2020, citizens of Austria, the Czech Republic, Germany, Poland, Slovakia, and South Korea are allowed to enter Hungary if they travel for business purposes, which must be verified upon request.

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