Accountancy and payroll services are similar in the sense that both are related to finances at your Hungarian company. Sometimes both services are provided by the same provider too. However, they are distinct functions, requiring special expertise.
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Summer is here, and air-conditioners are running in most workplaces. The temperature in the office doesn’t just affect comfort – it also impacts your employees’ health and productivity. That’s why there are rules in place to make sure workplace temperatures stay safe and appropriate.
The post How to keep your office cool and comfortable in summer appeared first on Company Formation.
Hungary has the lowest corporate tax rate in the EU at just 9%. But business owners should also be aware of another tax: the local business tax, or HIPA (short for “Helyi Iparűzési Adó” in Hungarian). This tax can be up to 2% of your net income and is charged based on where your business operates.
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Hungary is a safe haven concerning the global minimum tax. Standard corporate tax remains 9% for small and medium sized companies, while the 15% global minimum tax only affects international corporations with a yearly revenue above EUR 750 million. Read on to learn what this means for your Hungarian business.
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Hungary is a safe haven concerning the global minimum tax. Standard corporate tax remains 9% for small and medium sized companies, while the 15% global minimum tax only affects international corporations with a yearly revenue above EUR 750 million. Read on to learn what this means for your Hungarian business.
The post Global minimum tax at your Hungarian company appeared first on Company Formation.
If the registered seat of your Hungarian business is with a seat provider, there is a chance they are also acting as a delivery agent for you. Learn what the difference is and what to expect from each.
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Moving your business to Hungary? Whether you are setting up a subsidiary to your existing business or a completely new venture, the Limited Liability company (or LLC for short) is an excellent option for starting your operation in Hungary and the EU.
The post 5+1 reasons to set up a Hungarian LLC appeared first on Company Formation.
Operating a company in Hungary? Then take a quick look at our streamlined guide of key updates to taxes in 2025. If you see something that might be relevant to your business operation, contact your accountant to discuss how to proceed.
The post Overview of Hungary’s Tax Changes for 2025 appeared first on Company Formation.
NACE, the classification of economic activities in the EU received an update. In Hungarian, it is referred to as TEÁOR’25. See if you need to do anything.
The post TEÁOR’25: latest NACE update introduced in Hungary appeared first on Company Formation.
Transparency is a key value in the European Union. When you set up your Hungarian company and want to register for mandatory services, you are expected to present the ownership structure of the company in a transparent way.
The post Transparent presentation of the ownership structure of your Hungarian company appeared first on Company Formation.