Category: Company Formation

How to choose a company name in Hungary

How to choose a company name in Hungary

Wednesday, 27 April, 2022

When you set up a company in Hungary, it will need a name that distinguishes it from other ventures. Learn what the compulsory elements of a company name in Hungary are, and choose the perfect name. Hungarian company names A company name in Hungary has

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banking in Hungary

Banking in Hungary

Friday, 1 April, 2022

These days, banking is made simple through online platforms and mobile phone apps. But how exactly does money transfer work in Hungary? What is IBAN, SWIFT, and OBA?

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Global minimum tax for corporations

Hungarian SMEs will not be affected by the global minimum tax

Friday, 11 February, 2022

The OECD is introducing a global minimum tax at 15% starting from 2023. The tax will only affect companies with a global revenue above EUR 750 million.

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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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move your IT company to Hungary from Serbia

Move your IT company to Hungary from Serbia

Tuesday, 9 March, 2021

Hungary offers favorable taxation, advanced infrastructure, and low costs. If you are operating an IT company in Serbia and are looking for better conditions, set up a company in Hungary and enjoy all the benefits it can offer.

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Company formation Europe Covid

How to save money on European company setup in covid times

Monday, 12 October, 2020

In times of change, it makes sense to base your plans on factors that are less liable to change. This is why it is worth choosing Hungary when you are moving your business to Europe.

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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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Affordable company setup in Budapest

Budapest is the most affordable city to start a business

Wednesday, 5 August, 2020

Based on 5 factors relevant for business set-up and among 70 key OECD cities, Budapest offers the most cost-friendly options for starting a business.

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Ecommerce and webshop in Hungary

Aspects to consider before creating a webshop in Hungary

Thursday, 28 May, 2020

The main sectors currently include electronics, toys, and presents, while the volume of “fast moving consumer goods”, meaning mostly groceries, meals and drinks has also been increasing, especially over the last few months.

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Subsidiary, branch office, commercial representative office

Subsidiary, branch office and commercial representative office in Hungary

Friday, 22 May, 2020

When you want to start doing business in Hungary, you might want not to create an individual LLC but set up an outpost of your foreign company, which can be a branch office or a commercial representative office.

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