Accountancy
As of July 1, 2025, cash payment is becoming a constitutional right in Hungary. This means that apart from specific cases, Hungarian businesses are required to make it possible for their customers to pay with cash if that is their preferred method. Read on to learn if this will affect your operation.
The post Cash payment is now a constitutional right in Hungary appeared first on Helpers Finance.
Accountancy and payroll services are similar in the sense that both are related to finances at your Hungarian company. Sometimes both services are provided by the same provider too. However, they are distinct functions, requiring special expertise.
The post Accountancy vs. payroll services for your Hungarian company appeared first on Company Formation.
In Hungary, child-rearing is supported in various ways. One of them is a lengthy maternity leave discussed in our previous article. Another one is the system of child benefits available to new mothers and parents.
The post Child benefits in Hungary appeared first on Helpers Hungary.
From July 1, 2025, electricity and natural gas providers in Hungary can send only e-invoices to their B2B clients. If your business has such a contract, it is time you learn how to store electronic invoices in a secure and compliant way.
The post How to store electronic invoices in Hungary appeared first on Helpers Finance.
When a child is born, mothers are eligible for 24 weeks of maternity leave in Hungary. During and after their leave, they may receive maternity benefits from the state. At the same time, both parents become eligible for extra days of PTO and other forms of leave and benefits.
The post Maternity leave and benefits in Hungary appeared first on Helpers Hungary.
Hungary has the lowest corporate tax rate in the EU at just 9%. But business owners should also be aware of another tax: the local business tax, or HIPA (short for “Helyi Iparűzési Adó” in Hungarian). This tax can be up to 2% of your net income and is charged based on where your business operates.
The post Understanding Local Business Tax (HIPA) in Hungary appeared first on Company Formation.
If you are a tax resident in Hungary, you have until May 20, 2025 to submit your tax returns for the year 2024. If you have an Ügyfélkapu or DÁP access, this will take only a few minutes, as the whole procedure is online.
The post Tax returns in Hungary in 2025 appeared first on Helpers Finance.
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.