Category: Company Formation

Hungary to have the lowest corporate tax in the EU

Wednesday, 7 December, 2016

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 Unio

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Do I really need a business plan?

Wednesday, 7 December, 2016

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

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4 mistakes business owners make

Wednesday, 7 December, 2016

1. Doing it all alone When opening a business in Europe, there are several bureaucratic procedures you have to navigate, along with unfamiliar laws and regulations that might differ significantly from your native country. Even without the language barr

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Immigrate to Europe from the US

How to immigrate to Europe from the US?

Wednesday, 9 November, 2016

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.

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Make sure you keep in mind the most important accounting deadlines

Company ownership in Hungary – The most important accounting deadlines

Friday, 12 August, 2016

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.

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Salary and contributions in Hungary

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

Wednesday, 20 July, 2016

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.

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Checklist: Hiring an employee in Hungary

Checklist for hiring an employee – Employment in Hungary

Wednesday, 22 June, 2016

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.

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How to open a bank account in Hungary

How to open a bank account in Hungary?

Monday, 23 May, 2016

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.

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Opening a bank account in Hungary

Opening a bank account in Hungary – Where to start?

Wednesday, 18 May, 2016

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.

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5 things you must know

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

Wednesday, 11 May, 2016

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.

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