Thursday, 18 January, 2018
If your company has employees, your company deducts the personal income tax from their gross salaries (together with the social contributions). This way employees only get their net salaries, and you transfer their personal income tax to the Tax Authority.
Read MoreThursday, 18 January, 2018
Corporate tax in Hungary is still 9%, which is the lowest in the EU. This, with the simple and fast incorporation procedure makes Hungary an ideal place so set up your first EU company and start trading in Europe. See the latest allowances and reductions you can apply for.
Read MoreTuesday, 16 January, 2018
In 2018 again, Hungarian payroll taxes and salaries have been modified to meet the new conditions of the changing world. Just like last year, the minimum wage has been increased, while the employer’s payroll taxes decreased.
Read MoreMonday, 15 January, 2018
Offering fringe benefits can make your company a more attractive work place for professionals, while it also helps you cut costs on taxes and contributions. In light of the latest developments, you might want to change the cafeteria plan you offer to your employees.
Read MoreThursday, 11 January, 2018
Your accountant should know about all bank accounts you have registered with your Hungarian company, regardless whether it is at a Hungarian or a foreign bank. Check your records, and make sure your accountant knows about all your company bank accounts.
Read MoreWednesday, 10 January, 2018
The short answer is: all of them. Your company bank account is part of the ID of your company. Your company remains compliant with Hungarian regulations if you make all transactions through a bank account registered for your Hungarian company.
Read MoreWednesday, 6 December, 2017
If you operate a Hungarian company, whenever you sell something, you have to issue an invoice. But what kind of data should you include? Read on, and learn what to write on the invoice in Hungary! Data of your company You have to include the basic data
Read MoreWednesday, 13 September, 2017
When you have a business idea you want to make reality, you don’t want to waste time with unnecessary administration. Hungary offers the fastest company incorporation procedure in Europe. Have your company incorporated in just a few days Founding a lim
Read MoreTuesday, 5 September, 2017
Your passport is the only document you need to bring. For nationals of many European countries, an ID card might be enough. However, be sure to check with us in advance if this applies to you.
Read MoreThursday, 20 July, 2017
Setting up a company in Hungary is fast and uncomplicated. We will walk you through the process in detail in this post. Rest assured, we’ve got your back!
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