The United Arab Emirates have traditionally been attractive for investors, especially from the Middle-Eastern region. However, the business environment for foreign investors is becoming less and less stable. As such, moving from UAE to Europe might be beneficial.
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Over more than a decade of its operations, Helpers has worked with a large number of clients from outside Europe, most of whom come from the Middle East and the Indian Subcontinent: Iran, Saudi Arabia, the United Arab Emirates, India, Pakistan and Bangladesh.
The post Business clients from the Middle-East and the Indian Subcontinent appeared first on HELPERS.
You have probably read a lot about Hungary’s favourable business environment and great infrastructure, but no business stay should be complete without enjoying all that this beautiful and diverse city has to offer. But finding true gems in a new city takes time, effort, and, inevitably, a few run-ins with rip-offs and generic tourist traps. […]
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A properly issued invoice is essential for keeping your company compliant. Without it, you might be faced with being charged extra hours for accountancy, tax audits and even fines. Options for issuing invoices in Hungary In many countries, invoices can be issued by Word or Excel. However, Hungarian companies must either use an official invoice […]
The post Why should I use an invoice booklet in Hungary? appeared first on HELPERS.
A properly issued invoice is essential for keeping your company compliant. Without it, you might be faced with being charged extra hours for accountancy, tax audits and even fines. In many European countries, invoices can be issued by Word or Excel. However, Hungarian companies must either use an official invoice booklet or an invoicing software licensed […]
The post Why should I use an invoicing program in Hungary? appeared first on HELPERS.
Your accountants file a monthly or quarterly VAT report on your behalf. The frequency of VAT reports depends on your trade volume or activity. The report is filed by the 20th of the month following the relevant month or quarter. If your VAT reclaimable is more than your VAT payable, you can reclaim the difference in the VAT amount from the Tax Authority.
The post How do I reclaim VAT in Hungary? appeared first on HELPERS.
The rules and regulations on issuing an invoice set by the Hungarian Tax Office are stricter than in many European countries. Keeping the following points in mind, you’ll be able to easily conform to the regulations and avoid Tax Office fines. Basic data First, you need the basic data of the buyer: their official company […]
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If you buy supplies or equipment that you need for your company’s operation in Hungary, you can write these off as company-related expenses, which decreas the company tax you have to pay at the end of the fiscal year. But be careful: to be able to do this, you need to get a fiscal invoice […]
The post How do I get a fiscal invoice? appeared first on HELPERS.
Dividend is a payment made to the company’s owners from the profit after taxation and free accumulated profit reserves. This also means that if a company did not produce profit, it cannot pay a dividend.
The post How can I get a dividend payment from my Hungarian company? appeared first on HELPERS.
Employees are entitled to wage supplements when they work overtime, on weekends, at night or on state holidays. As the employer, it is your legal responsibility to determine your employee’s schedules, so you need to take the mandatory wage supplements into account when doing so.
The post When do I need to pay overtime to employees? appeared first on HELPERS.