Monday, 3 April, 2017
Tourism in Hungary is one of the most important and fastest growing industries, amounting to 1558 billion HUF in 2016. In 2015, 15.6 million tourists have visited the country, in 2016 it was 16.8 million. One of the simplest ways to profit from this industry is buying an apartment to use as a vacation rental.
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Friday, 31 March, 2017
If you are an international businessman looking to extend your business to Europe, forming a Hungarian company might be one of the best solutions. By setting up your European base in Hungary, you can enjoy the lowest corporate tax rate, a Schengen visa, an immediate VAT number, low business costs.
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Saturday, 25 March, 2017
It seems increasingly unlikely that the UK will get any kind of sweetheart deal from the EU after Brexit. This means that your UK company will no longer have access to the European single market, and that you as a UK national will lose the right to move freely within Europe.
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Wednesday, 22 March, 2017
Getting a place in a co-working space might make sense in the initial phase of building your company. Once your company has expanded to several full-time employees, you might want to rent an office of your own.
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Tuesday, 14 February, 2017
Whether you already have a company in Hungary or you are planning to register one, understanding how the 9% corporation tax rate affect your Hungarian business is crucial for planning ahead in 2017.
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Wednesday, 1 February, 2017
For the past decades, Hungary has offered the most favorable conditions for businessmen intending to set up a company in Europe. Now new regulations make it even more attractive. Read our tax alert and learn about the 9% corporate tax and more!
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Wednesday, 1 February, 2017
Managing directors can feel sometimes that the only purpose of financial accounting is to fulfil the requirements of the Tax Authorities. However, transparent and faithful representation is useful, as it is essential for informed decision making.
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Wednesday, 4 January, 2017
In 2017 the first day of the Chinese New Year is 28 January, initiating the year of the rooster. The Chinese have a celebration that lasts for about 20 days. Employees have seven days off from work, and business is usually resumed on the 8th day of the festival. This may have an effect on your business if you have a Chinese partner.
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Monday, 19 December, 2016
Do you want to enjoy your retirement under mild climate, in a safe environment and stable economy? Retire in Europe and enjoy the good infrastructure and high culture.
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Monday, 19 December, 2016
KIVA is short for Small Business Tax in Hungarian (“Kisvállalati Adó”). It is a tax construction that can be chosen by small businesses if they fulfil certain conditions. Let’s see how KIVA changes in 2017.
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