In our line of business, it is essential to stay up-to-date on regulations and trends, and to keep track of changes in immigration and corporate law. As a Helpers client, you will never miss out on an opportunity or experience delays because of outdated information.
Our news section contains articles on many topics that are of interest to our clients, including immigration law and programs, business and taxation news, as well as practical advice on various aspects of doing business and living in Hungary. Hope you’ll find it useful!
If you are not a citizen of Hungary, you might need a property purchase license before you can finalize the deal – your lawyer can take care of it. After purchase, you will be required to pay property tax, which is normally 4% of the purchase price.
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The Hungarian residence permit is issued based on your plans in Hungary. The procedure will be slightly different in each case, and different supporting documents will be required. The application procedure usually takes 2-3 months, so make sure to apply in time.
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Using a virtual office service can save you money not only at the start of your company operation, but also throughout your business activity in Hungary. Learn about some aspects you should keep in mind when choosing a provider.
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In November 2023, the ETIAS system will go live. It will be relevant to those non-EU residents who can currently travel visa-free to the Schengen zone. Come May, their passport will not be enough: they will have to register in the ETIAS system before their trip.
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On 8 July 2022, the U.S. officially notified Hungary that it was unilaterally terminating the double taxation treaty between the two countries. But what does that mean exactly, and what to expect?
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SZÉP card is the most popular form of fringe benefits in Hungary. It can normally be used for recreational activities, but because of the pandemic, some alterations were introduced. Among these, users were allowed to use the SZÉP card for buying foodstuff as well – with July that has come to an end.
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On 12 July 2022, just one day after its proposal, the Hungarian Parliament has accepted the new KATA law that will affect more than 430,000 taxpayers in Hungary, most of who will no longer be eligible for this tax regime starting from 1 September.
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As of 1 July 2022, newly issued license plates have a new structure and a new design to ensure that every vehicle can have a unique registration number in the foreseeable future and number plates are harder to forge.
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Currently, passport holders of more than 50 countries can enter the Schengen zone without a visa. Starting from May 2023, they will be required to apply for an ETIAS visa waiver before their trip.
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After the October announcement of joining the global minimum tax convention, Hungary has just vetoed the EU proposal on implementation, while the Hungarian Parliament has also passed a bill on not supporting the scheme for the time being.
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