Wednesday, 3 May, 2023
Are you planning to do business in Hungary? You have several options – you just need an idea for your operation, and find the business form that suits it best. Company formation or self-employment? VAT or no VAT? Which tax regime? Let’s give you a crash course.
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Wednesday, 19 April, 2023
Foreign-owned companies have been contributing massively to Hungarian economy over the last fifteen years. Get an overview of what this means in numbers, and consider how your business might fit a niche on the Hungarian market.
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Wednesday, 8 March, 2023
Hungarian trademark law has just been updated to better harmonize with EU regulations and other relevant Hungarian law. This means several small changes to the existing law, mostly with practical considerations, making the trademark registration process smoother than before.
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Thursday, 8 December, 2022
Set up an EU company that can handle VAT registration and payment for you through the IOSS. Save on your costs and offer better prices as well as better experience to your customers.
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Wednesday, 12 October, 2022
Normally, you are supposed to pay your taxes in HUF by wire transfer from your Hungarian corporate bank account, adding your VAT number as a comment.
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Wednesday, 5 October, 2022
Are you running a Hungarian company? Then you must make sure that its data are always up to date in public databases. Depending on which data you are changing, update can be done simply by your accountant or with the help of a lawyer through “company modification”.
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Wednesday, 13 July, 2022
On 12 July 2022, just one day after its proposal, the Hungarian Parliament has accepted the new KATA law that will affect more than 430,000 taxpayers in Hungary, most of who will no longer be eligible for this tax regime starting from 1 September.
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Wednesday, 22 June, 2022
After the October announcement of joining the global minimum tax convention, Hungary has just vetoed the EU proposal on implementation, while the Hungarian Parliament has also passed a bill on not supporting the scheme for the time being.
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Thursday, 2 June, 2022
Whether you can set up an offshore company in Hungary depends on what you mean by an offshore company. Discover the most widespread definitions, and learn if Hungary is a good match for you.
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Wednesday, 25 May, 2022
The registered seat service is relevant for companies. It is most like a rental service, where a provider offers your Hungarian company an address it can use as its own. The forwarding representative is relevant for the persons owning and operating the company.
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