In most of Europe, the local official language is used by the Tax Authority, government and municipality offices, in banks, in contracts and in everyday life. Hungary is no exception: most letters a business owner has to read and most forms they have to fill in are in Hungarian. Similarly, the customer service representatives of […]
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Buying into a franchise you will be in control of your own business and develop it at your own pace while also enjoying the benefits of an established brand, a proven and successful business model, and a local partner who is just as devoted to your success as you are.
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Buying a company is not only a convenient option, but usually requires less paperwork and offers an easier start. However, thanks to the quick administrative procedures and our well-coordinated partners, registering a new Hungarian company is much easier and quicker than buying a ready-made business.
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According to the new taxation plans accepted by the Hungarian Ministry of Economics for 2017, corporate tax will be lowered to only 9% starting on the 1st of January 2017. This means that Hungary will have the lowest corporate tax in the European Union and the Schengen zone. The corporate tax decrease will affect small […]
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A well-made business plan includes professional and thoughtful planning in marketing, sales, finance, risk management, HR and operational management, and gives you comprehensive guidance and assistance in how to put your high level business ideas into practice. Even if you already have experience in running a business, a different country has a new set of […]
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1. Doing it all alone When opening a business in Europe, there are several bureaucratic procedures you have to navigate, along with unfamiliar laws and regulations that might differ significantly from your native country. Even without the language barrier, it is daunting for anyone to sort through and take care of all the paperwork. Attempting […]
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Becoming a Hungarian citizen could be very easy or a bit more challenging, depending on your individual circumstances. Here’s what you need to know about the different pathways that are available.
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Authorities let companies reduce payroll taxes if they employ workforce who have difficulties entering the labor market. Members of the listed groups may prove as eager, skilled, and earnest employees as anyone else, while employing them grants you significant payroll tax relief.
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If you want to visit Europe, you only need your passport, and you will be granted entry to the Schengen zone without questions. However, if you would come to stay, that’s a different story.
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Hungary is extremely welcoming to newcomers, but it is important to follow all of the regulations to the letter. Depending on the circumstances of your immigration, you might need a residence permit, a work permit, or both.
The post Residence Permit vs. Work Permit: Understanding the Difference appeared first on HELPERS.