Category: Company Formation

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 As a Helpers client, you will never miss out on an opportunity or experience delays because of outdated information.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!

Hungary to have the lowest corporate tax in the EU

December 7, 2016 Company Formation

According to the new taxation plans accepted by the Hungarian Ministry of Economics for 2017, corporate tax will be lowered to only 9% starting on the 1st of January 2017. This means that Hungary will have the lowest corporate tax in the European Union and the Schengen zone. The corporate tax decrease will affect small and medium companies as well as larger ones: it will apply to all Hungarian companies irrespective of how big their profit is.

Do I really need a business plan?

December 7, 2016 Business Planning, Business Solutions, Company Formation

A well-made business plan includes professional and thoughtful planning in marketing, sales, finance, risk management, HR and operational management, and gives you comprehensive guidance and assistance in how to put your high level business ideas into practice. Even if you already have experience in running a business, a different country has a new set of rules, a different market, and a different taxation system. Involving experts in the business planning procedure will help you make strategic decisions and prepare for expenses ahead of time.

4 mistakes business owners make

December 7, 2016 Business Planning, Business Solutions, Company Formation

Are you planning to start a business? Then make sure to avoid these pitfalls.

How to immigrate to Europe from the US?

November 9, 2016 Business Immigration, Company Formation, Hungarian Investment Immigration Program, Residence Permit, Work Permit

If you want to visit Europe, you only need your passport, and you will be granted entry to the Schengen zone without questions. However, if you would come to stay, that’s a different story.

Company ownership in Hungary – The most important accounting deadlines

August 12, 2016 Accounting and Finance, Business Immigration, Company Formation, Residence Permit

If you operate a Hungarian company, you will want to be aware of certain accounting deadlines when you should pay taxes and contributions. Your accountant will always remind you when a payment is due.

How do you calculate salary and contributions in Hungary? – Employment in Hungary

July 20, 2016 Accounting and Finance, Business Immigration, Business Planning, Company Formation, Residence Permit, Staffing Solutions, Work Permit

The gross salary is what you agree on with your new hire. Employees pay taxes and contributions from that, so in the end they receive only their net salary. Your company also pays contributions, and the sum an employee actually costs you is called super gross salary.

Checklist for hiring an employee – Employment in Hungary

June 22, 2016 Accounting and Finance, Business Planning, Company Formation, Residence Permit, Staffing Solutions, Work Permit

If you run a Hungarian company, sooner or later you will need employees to help you run your business. Finding the right employee is an art in itself, for which you might want to consult an HR specialist. Apart from that, there are some basic things you need to know.

How to open a bank account in Hungary?

May 23, 2016 Business Immigration, Business Solutions, Company Formation, Personal Assistance, Residence Permit

Analyze your needs, choose a bank and an offer which suits them, arrange for an appointment, collect the necessary documents, and open your bank account in person. Seems easy – and it is, with our assistance.

Opening a bank account in Hungary – Where to start?

May 18, 2016 Business Immigration, Business Solutions, Company Formation, Personal Assistance, Residence Permit

Whether you are an individual or managing a company, having a bank account and access to online banking is a must to keep tabs on your finances. In Hungary, opening a bank account is fast and easy, although you have to fulfil certain requirements.

5 things you must know before starting a business in Hungary – Starting a business checklist

May 11, 2016 Business Immigration, Company Formation, Residence Permit

Are you considering opening a company in Hungary? Make sure you read this summary before you start doing business! Learn all you need, and make informed decisions.