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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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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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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Thursday, 16 April, 2020
In the latest forecast published by the IMF, Hungary is listed among the economically strongest EU member states, with the least expected GDP loss in 2020, and an impressive comeback in 2021.
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Wednesday, 8 April, 2020
Discuss TEÁOR codes with your account manager when planning the company formation, so you can submit the right codes to the registry. You will need to revisit the concept of TEÁOR codes only if you want to alter or expand the range of economic activities of your company.
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Monday, 30 March, 2020
A Power of Attorney (or a POA in short) is an official document through which you can authorize persons or entities to act in your name. However, if you want the Power of Attorney to be recognized by all authorities internationally, you will need it attested.
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Tuesday, 17 December, 2019
Are you wondering where you should open a company in Europe? Choose Hungary! Opening an LLC in Hungary is simple and fast, so it offers a time- and cost-effective solution when moving your business operation to Europe.
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Wednesday, 21 August, 2019
Hungarian company formation was more popular in the first quarter of 2019 than anytime since 2014. The increasing number of incorporations, together with a recent decrease in the number of company dissolutions shows a positive trend altogether.
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Tuesday, 30 October, 2018
The “company gate” is an electronic storage where official mail sent to your company is always accessible. Whenever you get an official letter, a notification is sent to your indicated email address. You can then log in to the company gate and view the message.
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Tuesday, 2 October, 2018
When you are starting business in Europe, it might not be obvious where you want to set up your company. This short comparison of company formation in Poland, Hungary, Serbia and Albania might be able to set you on the right track.
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