Helpers Hungary

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9% corporate tax and new allowances in 2017 in Hungary

For the past decades, Hungary has offered the most favorable conditions for businessmen intending to set up a company in Europe. Now new regulations make it even more attractive. Read our tax alert and learn about the 9% corporate tax and more!

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Invest in Hungary and get your European passport now!

The Hungarian Investment Immigration program is up until the end of March, 2017. Apply now, or check out the other options available for investors who want to immigrate to Europe and start business here.

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What is management accounting?

Managing directors can feel sometimes that the only purpose of financial accounting is to fulfil the requirements of the Tax Authorities. However, transparent and faithful representation is useful, as it is essential for informed decision making.

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Your essential guide to the company dissolution process in Hungary

Company dissolution is one method of ceasing business activity of a company which does not have any liabilities. While company formation in Hungary is quick and easy, tying up loose ends might take some time.

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Hungarian Residency Bond Program suspended from April 2017

According to a statement released by the Government Debt Management Agency, the issuing of the Hungarian Residency Bonds will soon be placed on moratorium. Consequently, the Hungarian Immigration Office will only accept Residency Bond applications submitted before March 31st, 2017.

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How can the Chinese New Year affect your business?

In 2017 the first day of the Chinese New Year is 28 January, initiating the year of the rooster. The Chinese have a celebration that lasts for about 20 days. Employees have seven days off from work, and business is usually resumed on the 8th day of the festival. This may have an effect on your business if you have a Chinese partner.

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Salaries and payroll taxes in 2017, Hungary

2017 has just started, and the new regulation for Hungarian payroll taxes and salaries are in. The government has finalized its decisions, and the most significant changes are the increase of minimum wage and the decrease in the employer’s payroll taxes.

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Retire in Europe

Do you want to enjoy your retirement under mild climate, in a safe environment and stable economy? Retire in Europe and enjoy the good infrastructure and high culture.

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How does the Hungarian Small Business Tax (“KIVA”) change in 2017?

KIVA is short for Small Business Tax in Hungarian (“Kisvállalati Adó”). It is a tax construction that can be chosen by small businesses if they fulfil certain conditions. Let’s see how KIVA changes in 2017.

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How does VAT in Hungary change in 2017?

Value Added Tax, or VAT in Hungary is a consumption based tax, which is regularly added to the net price of products sold. If you have a company and you can reclaim VAT, its sum will matter to you. So let’s see the changes to VAT in Hungary in 2017.

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