When are you planning to make the first hire at your Hungarian company? Your new employee will need a labor contract that defines the employment relationship between the two of you, and protect the rights of both the employer and the employee. Let’s take a closer look at how that works.
The post Labor contract at your Hungarian company appeared first on Company Formation.
Starting a business in Hungary is very easy. Registration is done in 4-5 business days, and you immediately get an EU VAT number as well, so you can start trading in no time. You only need a bank account to manage your finances, and you are ready to go. But what else to consider before setting up? Here is a list of the most important things – with which our team will be happy to help.
The post 11+1 things to consider before starting a business in Hungary appeared first on Company Formation.
The Hungarian Central Statistical Office publishes reports regularly about various topics, including the developments in Hungarian economy. Read a short summary of the latest reports to see how foreign-owned companies are doing in Hungary, and that Hungary has room for your business too.
The post The share of foreign-owned companies on the Hungarian market appeared first on Company Formation.
Is your Hungarian company in need of some extra work force? Do you have recurring or seasonal tasks that would not warrant for a full-time employee? Consider employing students as a flexible and cost-effective solution.
The post Why it is worth employing students at your Hungarian company appeared first on Company Formation.
If you operate a company in Hungary, sooner or later you might need to make hires. Your employees can perform tasks essential to growing your business. To optimize your operation, make sure you keep in mind these 5 things before you make your first hire. 1. What do you need the employee for? You do …
5 questions to ask yourself before you make your first hire at your Hungarian company Read More »
The post 5 questions to ask yourself before you make your first hire at your Hungarian company appeared first on Company Formation.
The post What does an accountant do at a Hungarian company? appeared first on Company Formation.
Hungarian company formation is allowed for any legal person who is not specifically forbidden from doing so. But how does that work in practice? Anyone can set up a company in Hungary In Hungary, the most popular form of business is the LLC. Any legal person can set up a company who is not expressly …
Who can set up a company in Hungary? Read More »
The post Who can set up a company in Hungary? appeared first on Company Formation.
Are you managing a Hungarian company? Do you need a physical office? Depending on how much you intend to use it, you might be better off with options provided by a coworking space. What do you need a physical office for? Most businesses in Hungary do not need a physical space of operation right from …
When you need a physical office, consider coworking Read More »
The post When you need a physical office, consider coworking appeared first on Company Formation.
In Hungary, data of any company are registered with the Company Registry, and it is the owner’s or the executive’s responsibility to keep those data up to date. Some changes can be simply reported, but changes to core data require a more complex procedure called company modification. Learn what these are, and how to handle …
Company modification in Hungary Read More »
The post Company modification in Hungary appeared first on Company Formation.
While the 9% corporate tax in Hungary is already the most favorable option in the EU, you can further reduce what you pay in taxes with KIVA, the tax regime designed for small and medium sized companies. Let’s see if it is a good match for your Hungarian company! Are you eligible for KIVA? First …
KIVA or corporate tax? Choose the tax regime best for your Hungarian company Read More »
The post KIVA or corporate tax? Choose the tax regime best for your Hungarian company appeared first on Company Formation.