Category: Business Planning

Changes to corporate tax in Hungary 2018

Corporate tax Hungary 2018

Thursday, 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 More
Bank Holidays in Hungary in 2018

Bank holidays in Hungary in 2018

Monday, 27 November, 2017

Instead of having one free day in the middle of the work week, Hungarian people usually prefer to have long weekends in exchange for a Saturday that would otherwise be a rest day. As a result, depending on which day of the week bank holidays are, the previous or the following day is granted a rest day by the government to make a long weekend for everyone.

Read More
You only need your passport

What documents are required for company formation in Hungary?

Tuesday, 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 More
Settingup a Hungarian company with your most trusted Helpers

Setting up a Hungarian Company

Thursday, 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!

Read More
6 reasons to open a Hungarian company

6 benefits of a Hungarian company

Friday, 14 July, 2017

With so many countries to choose from, which one is the best for setting up your European company? Let us tell you about the 6 benefits that incorporating a company in Hungary comes with.

Read More
Where do you find the lowest corporate tax rate in Europe?

The lowest corporate tax rate in Europe

Wednesday, 21 June, 2017

Only 9% is payable regardless of how much your turnover or profit is. Although some countries apply higher corporate tax rates to companies with higher profit, there is no such rule in Hungary. This means that you can take advantage of the lowest corporate tax rate in Europe regardless of your business volume.

Read More

Limited Liability Company: LLC in Europe, Hungary

Wednesday, 31 May, 2017

One of the most popular forms of business for small and medium sized companies is a limited liability company (LLC or LTD). Hungarian LLCs offer several advantages: uncomplicated and fast setup, low taxes and a relatively small share capital. In addition, the ownership and management structure is open for all.

Read More
Find out why you should open a limited liability company in Hungary

Advantages of a limited liability company in Hungary

Monday, 29 May, 2017

A limited liability company, commonly abbreviated LLC or LTD, is a widely popular form of business. Here are all the advantages of setting up a limited liability company in Hungary.

Read More
Company catering expenses are subject to representation tax in Hungary

The so-called “representation tax” in Hungary: What is it and how are food, drink, and travel expenses taxed

Monday, 22 May, 2017

The Hungarian Tax Authority introduced the representation tax in order to avoid companies buying personal supplies on company money, this way reducing the company’s profit (and paying less as corporate tax).

Read More
What is cafeteria in Hungary? Fringe benefits 2017

Fringe benefits in Hungary – Cafeteria 2018

Thursday, 18 May, 2017

Apart from salary, employees can receive a “non-salary compensation”. The various fringe benefits or cafeteria elements offer more favorable taxation options than regular salary – this is why many employers decide to offer cafeteria to their employees.

Read More
Older posts