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.
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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.
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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).
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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.
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Monday, 15 May, 2017
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.
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Friday, 5 May, 2017
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?
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Monday, 24 April, 2017
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.
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Monday, 10 April, 2017
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.
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Tuesday, 28 March, 2017
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.
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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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