Category: Business Planning

Changes to taxation in Hungary 2022

Changes to taxation in Hungary in 2021 and 2022

Monday, 2 August, 2021

Taxes in Hungary are adjusted every year, and the Parliament has recently decided about the next changes to taxation. Some of them will affect your business in Hungary – find out how!

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Global minimum tax

Global minimum tax to be introduced soon?

Tuesday, 27 July, 2021

Talks of a global minimum tax have recently become a hot topic after several international players proposed it. In May both the USA and the OECD made mentions of such a tax, and in June the G7 made a commitment towards its introduction. However, Hungary is against it, for now.

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Business etiquette Hungary

Business etiquette for foreigners in Hungary

Monday, 28 September, 2020

If you want to build lasting and fruitful business relationships locally, you should get familiar with basic business etiquette in Hungary. Show your respect towards your partners by being well-dressed, punctual, and polite.

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Bank holidays in 2020 Hungary

Bank holidays in Hungary in 2020

Monday, 4 November, 2019

In 2020, many bank holidays fall on weekends. However, Sundays that are bank holidays are different from regular Sundays. On bank holiday Sundays, shops are typically closed, and if you need employees to work, different wage supplements will apply.

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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.

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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.

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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.

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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!

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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.

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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.

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