Accountancy
Hungary is a safe haven concerning the global minimum tax. Standard corporate tax remains 9% for small and medium sized companies, while the 15% global minimum tax only affects international corporations with a yearly revenue above EUR 750 million. Read on to learn what this means for your Hungarian business.
The post Global minimum tax at your Hungarian company appeared first on Company Formation.
Hungary is a safe haven concerning the global minimum tax. Standard corporate tax remains 9% for small and medium sized companies, while the 15% global minimum tax only affects international corporations with a yearly revenue above EUR 750 million. Read on to learn what this means for your Hungarian business.
The post Global minimum tax at your Hungarian company appeared first on Company Formation.
When you make your first hire at your Hungarian company, you will need an employment contract to formalize the agreement between you and your employee. Here you can find a quick guide about what to include, as well as some practical advice.
The post How to make an employment contract in Hungary appeared first on Helpers Finance.
When you operate a Hungarian company, you will have to pay business taxes in Hungary. While your accountant can calculate the taxes you need to pay, it is you (or one of your authorized employees) who will need to pay each tax to the Tax Authority.
The post How to pay your business taxes in Hungary? appeared first on Helpers Finance.
With the season for filing your tax returns for 2024 coming up in Hungary, we have prepared you a quick summary of deadlines, complete with explanations of the most important concepts.
The post Filing your tax returns in Hungary in 2025 appeared first on Helpers Hungary.
While corporate tax in Hungary is the lowest in the EU at just 9%, there is another profit tax business owners must keep in mind: the local business tax, or HIPA in Hungarian. It means an additional 2% tax on your net income, depending on where your business operates. Get an overview below. “Local” means …
The post Local business tax in Hungary appeared first on Helpers Finance.
You can use your personal money to provide the share capital of your Hungarian company. Once that is done, however, your own money and the company’s money are separate, and you cannot make transfers freely or without proper documentation.
The post Can I put my own money in my Hungarian company? appeared first on Helpers Finance.
Hungary does not have a progressive tax system, so it doesn’t really have tax brackets. However, it offers various tax benefits and preferential tax regimes that are available under certain income limits.
The post Tax brackets in Hungary appeared first on Helpers Finance.
This is good news for multinational companies operating in Hungary, as both their tax and administrative burdens lighten.
The post Global minimum tax 2025: Hungary is a Safe Harbour appeared first on Helpers Finance.
As of January 1, 2025, the revenue cap for VAT exemption is increased to HUF 18 million in Hungary. This is great news to small businesses, since price increases of the last few years would have otherwise forced them to become VAT subjects.
The post Revenue cap increased for VAT free business operation in Hungary appeared first on Helpers Finance.