Accountancy
Once your company is set up, you will want to focus on getting your business up and running. However, keeping your company compliant is just as important business planning. A key component of this is the handling of your company’s mail.
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The difference between two accountants can be as big as the difference between flying with a budget airline and flying business class. Both will get you to your destination, but how enjoyable will your experience be? Will you have to pay extra for every sip of water or enjoy an all-inclusive service? Will you be treated as a chore to be gotten over with or as a valued customer?
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A large number of companies whose main business is trading electronic devices in the EU choose to have their headquarters in Hungary. Here is an overview of all the advantages available to you.
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When looking for the best country to set up your trading business in Europe, Hungary stands out for several reasons. Low taxes, a strategic location, well-developed infrastructure and low business costs make it an ideal place to set up your trading business.
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There’s an unavoidable amount of filing documents, corresponding with various authorities, checking deadlines and regulations… Clearly, it’s not the best use of your time to deal with these issues. Setting up a Hungarian company with Helpers will get these boring but necessary tasks out of the way. Let’s see some of the advantages you will get to benefit from.
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Several international corporations choose Hungary to set up a subsidiary in Europe, giants like IBM or Microsoft among them. The most attractive features of the country are low taxes, affordable operation costs, a central location in the EU and full Schengen access.
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To run your company smoothly and make sure it complies with laws and regulations, you will need one more thing: an accountant. But how to identify a client-centered accountancy provider?
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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.
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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.
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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.