The Withdrawal Agreement sets out a transition period until 31 December 2020. If you are already a registered resident of Hungary, no action is required on your side. You will be able to keep your registration card even after the transition period.
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Are you operating a company in Hungary? Then get ready for 2020, and learn about the changes to regulations that might be relevant to your operation, including VAT, KIVA, and the minimum wage.
The post 2020 changes to taxation relevant for your Hungarian SME appeared first on HELPERS.
In Hungary, the rate of VAT is usually 27%. There are some special product types where VAT rates are lower. Before you start trading in Hungary, make sure you know how much VAT you must pay to the tax authority in order to properly adjust your margins.
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2020 has just started, and the new regulation for Hungarian payroll taxes and salaries are in. The most significant change is the increase of the minimum wage.
The post Salaries and payroll taxes in 2020, Hungary appeared first on HELPERS.
If all goes well, if you register as a resident of Hungary before the end of the transition period, you can keep all your rights associated with the EU registration card after 1 January 2021.
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Are you wondering where you should open a company in Europe? Choose Hungary! Opening an LLC in Hungary is simple and fast, so it offers a time- and cost-effective solution when moving your business operation to Europe.
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Became eligible for Hungarian permanent residency through the purchase of Hungarian government bonds? Then check on your investment agency and make sure to renew your permit.
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We will assist you from the first steps of recruitment to the last: we help you formulate the position, define a salary range based on standard salaries, post the advertisement, screen applicants, and even provide a basic employment contract.
The post Standard salaries in Hungary – How much should you pay your employees? appeared first on HELPERS.
According to new regulation, you must actually spend half of your time in Hungary to stay eligible for residency renewal. The minimum stay requirement is defined in 90 days in any 180 days.
The post New requirement: minimum stay in Hungary for residence permit holders appeared first on HELPERS.
In 2020, many bank holidays fall on weekends. However, Sundays that are bank holidays are different from regular Sundays. On bank holiday Sundays, shops are typically closed, and if you need employees to work, different wage supplements will apply.
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