Accountancy
The application of preferred shares at a Hungarian company can obscure the ultimate beneficial owner of the business. This can protect their privacy, but it decreases transparency and might attract the scrutiny of the authorities.
The post Preferred shares at your Hungarian company appeared first on Helpers Finance.
In Hungary, most highways are toll roads, meaning you need to pay a toll while driving them. That is done easiest by buying a toll sticker for the vehicle, which can function as a weekly, monthly, or yearly turnpike pass for your company car.
The post Toll stickers for your Hungarian company car appeared first on Helpers Finance.
Before you make your first hire at your Hungarian company, consider the payroll costs you will incur through their employment. Read on to learn about minimum wages, payroll taxes, and company costs.
The post Budget for the payroll costs at your Hungarian company appeared first on Company Formation.
Starting from the middle of November 2023, wine products sold by vineyards will be exempt from representation tax in Hungary. The decision is expected to give a boost to the wine sector at the end of the year.
The post Wine products no longer subject to representation tax in Hungary appeared first on Helpers Finance.
As part of the electronic administration in Hungary, personal pension tax records are available for review online. With your Ügyfélkapu access, you can log in to the database of the Treasury, and see if everything is fine. Read on to learn how that works.
The post Hungarian pension tax records accessible online appeared first on Helpers Finance.
The number of yearly tax inspections conducted by the Hungarian Tax Authority has been steadily increasing over the past few years. The most popular tax inspected continues to be VAT, since it is a major contributor to the national budget. If your company operation is compliant with regulations, you have nothing to worry about.
The post Hungarian Tax Authority conducts more tax inspections appeared first on Helpers Finance.
You are required to present the ownership structure of your newly created Hungarian company when you are registering it for various services. This is easiest done in the form of a chart that starts with your Hungarian company and ends in the ultimate beneficial owners.
The post How to present the ownership structure of your Hungarian company? appeared first on Helpers Finance.
Your Hungarian company is required to track its incoming and outgoing payments. Your taxes are calculated based on these, and transactions must be recorded. Incoming payments are recorded on invoices in Hungary – read on to learn how that works.
The post Invoices in Hungary: How to create and manage invoices? appeared first on Company Formation.
Money left on a regular bank account pays hardly any interests, while making investments through a securities account can even increase their value, especially in a high inflation environment like that of Hungary these days.
The post What are the advantages of opening a securities account? appeared first on Helpers Finance.
Whether it is because of increased turnover or employees taking their holidays, your business might be in need of temporary workers. You have various options, just make sure to declare the employment correctly to avoid fines.
The post Summer is the season for temporary work – make sure to declare it appeared first on Helpers Finance.