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 As a Helpers client, you will never miss out on an opportunity or experience delays because of outdated information.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!
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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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.
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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.
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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.
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A Power of Attorney (or a POA in short) is an official document through which you can authorize persons or entities to act in your name. However, if you want the Power of Attorney to be recognized by all authorities internationally, you will need it attested.
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Some further measures have just been announced to alleviate the burdens of a broader segment of the population, and counter the impact of the current COVID-19 pandemic on Hungarian economy.
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Basic services available to you during an epidemic include services that let the community prevent avoidable health risks. These include testing for the disease, medical examination, isolation, the transport of infectious disease patients, and the administration of lifesaving treatments.
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The Hungarian government introduced the following economic relief measures to alleviate the burdens posed by the current COVID-19 pandemic, and make sure it is easier for everyone to get through these difficult times and pick up work once the situation clears up:
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“Social distancing” is one of the most important measures to hinder the spread of the current epidemic. Many people are working from home, social events are cancelled, and customer service offices and shops are open in reduced hours.
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The Helpers Team decided to work remotely in order to do our share in protecting the health of everyone we would come in contact with during our daily work, during commuting, and at home. Please consider how you can contribute too.
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