Accountancy
In many European countries, buying an already established company is the best and fastest way to start business. In Hungary, however, it is fast and easy to incorporate your own company. This makes founding your own company a better solution than finding an already existing business for sale in Hungary.
The post How do I find a business for sale in Hungary? appeared first on HELPERS.
Having an EU VAT number improves trading relations with European partners quite a bit. Cross-border transactions are mostly exempt from VAT if both you and your business partner have an EU VAT number. Needless to say, this is greatly beneficial for your cash flow as well as for VAT administration.
The post Get your immediate EU VAT number appeared first on HELPERS.
Hungary is one of the best places if you want to start a business in Europe. You only need 3 things: a registered address, a bank account and an accountant.
The post The 3 requirements if you want to start a business in Hungary appeared first on HELPERS.
Your Hungarian accountant’s main task is to keep your Hungarian company’s books in order, while he/she is the person who represent you and your company before the Tax Authority. As a result, it is crucial that you always let your accountant know about any changes to the basic data of your company.
The post What kind of information do I have to share with my Hungarian accountant? appeared first on HELPERS.
Your accountant will regularly file VAT reports to the authorities, in which your (EU) VAT number will be indicated as well as the VAT payable and VAT reclaimable. The frequency of VAT reports depends on your trade volume or activity.
The post What is a VAT report in Hungary and how does it work? appeared first on HELPERS.
When you open a Hungarian company, you immediately get an EU VAT number with it. But how can you use it to sell and acquire products or services within the EU without charging VAT on these sales?
The post How to use my EU VAT number? appeared first on HELPERS.
Whether you already have a company in Hungary or you are planning to register one, understanding how the 9% corporation tax rate affect your Hungarian business is crucial for planning ahead in 2017.
The post How does the 9% corporation tax rate affect your business? appeared first on HELPERS.
No matter how great your performance is if you end up paying half of your profits to the government, right? Paying taxes is inevitable, but if you spend some time looking around and evaluate your options, you might save a lot on taxes.
The post Where is corporate tax the lowest in Europe? appeared first on HELPERS.
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!
The post 9% corporate tax and new allowances in 2017 in Hungary appeared first on HELPERS.
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.
The post What is management accounting? appeared first on HELPERS.