Helpers Hungary

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U.S. cancels double taxation treaty with Hungary

On 8 July 2022, the U.S. officially notified Hungary that it was unilaterally terminating the double taxation treaty between the two countries. But what does that mean exactly, and what to expect?

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SZÉP card in Hungary in 2022

SZÉP card is the most popular form of fringe benefits in Hungary. It can normally be used for recreational activities, but because of the pandemic, some alterations were introduced. Among these, users were allowed to use the SZÉP card for buying foodstuff as well – with July that has come to an end.

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KATA changes introduced in the middle of the year

On 12 July 2022, just one day after its proposal, the Hungarian Parliament has accepted the new KATA law that will affect more than 430,000 taxpayers in Hungary, most of who will no longer be eligible for this tax regime starting from 1 September.

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New license plate number structure in Hungary from July 2022

As of 1 July 2022, newly issued license plates have a new structure and a new design to ensure that every vehicle can have a unique registration number in the foreseeable future and number plates are harder to forge.

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ETIAS visa waiver goes live May 2023

Currently, passport holders of more than 50 countries can enter the Schengen zone without a visa. Starting from May 2023, they will be required to apply for an ETIAS visa waiver before their trip.

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Hungary vetoes EU global minimum tax proposal

After the October announcement of joining the global minimum tax convention, Hungary has just vetoed the EU proposal on implementation, while the Hungarian Parliament has also passed a bill on not supporting the scheme for the time being.

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Two-factor authentication available at the Client Gate

Starting from June 2022, 2FA is available at Ügyfélkapu (or the “Client Gate”), the online customer service portal of Hungarian electronic administration.

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Vacation in Hungary from the employer’s point of view

Summer is here, and most people choose this season to go on a vacation in Hungary. But how do summer leaves work at a Hungarian company? Read on to find out.

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Can I set up an offshore company in Hungary?

Whether you can set up an offshore company in Hungary depends on what you mean by an offshore company. Discover the most widespread definitions, and learn if Hungary is a good match for you.

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Forwarding representative and seat provider in Hungary: What’s the difference?

The registered seat service is relevant for companies. It is most like a rental service, where a provider offers your Hungarian company an address it can use as its own. The forwarding representative is relevant for the persons owning and operating the company.

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