Category: Business Planning

Stay informed on business and immigration in Hungary

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 As a Helpers client, you will never miss out on an opportunity or experience delays because of outdated information. Sign up for our newsletter and receive a monthly summary of our top news.

Our blog contains news on immigration law and programs, business and taxation changes, as well as practical advice on various aspects of doing business and living in Hungary. We work hard to post about any relevant new information within hours, making the Helpers blog an essential resource. We also react to frequently asked questions by clients and partners, so please use the search function or the keyword filter below. And if you still have questions, contact us!

Limited Liability Company: LLC in Europe, Hungary

May 31, 2017 Business Planning, Business Solutions, Company Formation

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.

Advantages of a limited liability company in Hungary

May 29, 2017 Business Planning, Business Solutions, Company Formation

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.

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

May 22, 2017 Accounting and Finance, Business Planning

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).

Fringe benefits in Hungary – Cafeteria 2018

May 18, 2017 Accounting and Finance, Business Planning, Business Solutions, Staffing Solutions

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.

Setting up an online business in the EU

May 15, 2017 Accounting and Finance, Business Planning, Business Solutions, Company Formation, Virtual Office

When you plan to sell your goods or services exclusively online, you have more freedom to choose the country where you set up your business. Within Europe, Hungary offers more than just membership in the EU and the Schengen zone. It has a fast and simple incorporation process, an automatic EU VAT number, and the lowest corporate tax rate in the EU.

Business class accountancy from Helpers

May 5, 2017 Accounting and Finance, Business Planning, Business Solutions

The difference between two accountants can be as big as the difference between flying with a budget airline and flying business class. Both will get you to your destination, but how enjoyable will your experience be? Will you have to pay extra for every sip of water or enjoy an all-inclusive service? Will you be treated as a chore to be gotten over with or as a valued customer?

Effortless company formation lets you focus on business growth

April 24, 2017 Accounting and Finance, Business Immigration, Business Planning, Business Solutions, Company Formation, Residence Permit

There's an unavoidable amount of filing documents, corresponding with various authorities, checking deadlines and regulations... Clearly, it's not the best use of your time to deal with these issues. Setting up a Hungarian company with Helpers will get these boring but necessary tasks out of the way. Let's see some of the advantages you will get to benefit from.

Hungary on the European job market – Find affordable, quality workforce

April 10, 2017 Business Planning, Business Solutions, Company Formation, Staffing Solutions

Hungary has a special place on the European job market, because thanks to its top-quality universities and relatively low living costs it provides affordable, quality workforce to your new European company.

Get your immediate EU VAT number

March 28, 2017 Accounting and Finance, Business Planning, Business Solutions, Company Formation

Having an EU VAT number improves trading relations with European partners quite a bit. Cross-border transactions are mostly exempt from VAT if both you and your business partner have an EU VAT number. Needless to say, this is greatly beneficial for your cash flow as well as for VAT administration.

How does the 9% corporation tax rate affect your business?

February 14, 2017 Accounting and Finance, Business Immigration, Business Planning, Company Formation, Residence Permit

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.