Accounting and Finance
If you have a Hungarian company, you probably have at least two or three bank accounts. But why exactly do you need them? Company bank accounts defined by currency The most important feature of a bank account is its currency. Nothing is simpler than receiving EUR payment to your EUR account, or paying a HUF […]
The post Why to have a bank account for each currency you do trade in? appeared first on HELPERS.
Depending on the nature of their business, we usually suggest that our clients open 2 or 3 bank accounts for their Hungarian companies at a local bank: HUF, EUR, and USD, different currencies for partners from different markets.
The post How many company bank accounts do I need in Hungary? appeared first on HELPERS.
VAT regulations in Hungary are amended each year to adapt to the changing economical environment. Learn about the 2018 VAT reduction and other new regulations regarding invoices with a high VAT content.
The post How does VAT in Hungary change in 2018? appeared first on HELPERS.
If your company has employees, your company deducts the personal income tax from their gross salaries (together with the social contributions). This way employees only get their net salaries, and you transfer their personal income tax to the Tax Authority.
The post How does the Hungarian personal income tax change in 2018? appeared first on HELPERS.
Corporate tax in Hungary is still 9%, which is the lowest in the EU. This, with the simple and fast incorporation procedure makes Hungary an ideal place so set up your first EU company and start trading in Europe. See the latest allowances and reductions you can apply for.
The post Corporate tax Hungary 2018 appeared first on HELPERS.
In 2018 again, Hungarian payroll taxes and salaries have been modified to meet the new conditions of the changing world. Just like last year, the minimum wage has been increased, while the employer’s payroll taxes decreased.
The post Salaries and Payroll Taxes in 2018, Hungary appeared first on HELPERS.
Offering fringe benefits can make your company a more attractive work place for professionals, while it also helps you cut costs on taxes and contributions. In light of the latest developments, you might want to change the cafeteria plan you offer to your employees.
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Your accountant should know about all bank accounts you have registered with your Hungarian company, regardless whether it is at a Hungarian or a foreign bank. Check your records, and make sure your accountant knows about all your company bank accounts.
The post Foreign bank accounts for your Hungarian company appeared first on HELPERS.
The short answer is: all of them. Your company bank account is part of the ID of your company. Your company remains compliant with Hungarian regulations if you make all transactions through a bank account registered for your Hungarian company.
The post Which transactions must go through your company bank account in Hungary? appeared first on HELPERS.
If you operate a Hungarian company, whenever you sell something, you have to issue an invoice. But what kind of data should you include? Read on, and learn what to write on the invoice in Hungary! Data of your company You have to include the basic data of your company, so no one can have […]
The post What to write on the invoice in Hungary? – Accountancy quick guide appeared first on HELPERS.