Administration
Tax returns season is starting soon in Hungary. Drafts created by the Tax Authority become available next week; the deadline for submission is 21 May 2024.
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The new immigration law of Hungary has been in force since 1 January 2024, and finally the implementation decree was also published on 29 February.
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Hungary has introduced a new immigration law that came into force on 1 January 2024. It will not affect Hungarian company setup, which will remain available to all nationalities. However, it will affect residency applications for the managing director, the employees, and their family members.
The post New immigration law in Hungary – Will it affect your business setup? appeared first on Company Formation.
Motor third party liability insurance is required for every motor vehicle running on public roads in Hungary. This type of insurance is called KGFB in Hungarian, and you can switch providers once a year: in November.
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The ETIAS and the EES are electronic administrative systems that were meant to provide better European border control. Their introduction has again been pushed back, this time to the end of 2024.
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The yellow check in Hungary is in fact a postal payment slip that lets people without a bank account complete payments. Learn how it works.
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Citizens have an address card to state where they live, while third country nationals have an accommodation slip. If you move to a new place, your data should be updated with the Immigration Office. Starting from this year, you can do that fully online.
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Is there an expiration date on your Hungarian social security card? If yes, make sure to get a new TAJ card before it expires so you remain eligible for healthcare services in Hungary.
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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.
When you apply for the Hungarian residence permit, you need to indicate where you are going to live. Most people rent a home for themselves, but staying with a friend is also an option. The courtesy agreement is the document you can present to the immigration office instead of a rental agreement.
The post Courtesy agreement of accommodation for your Hungarian residence permit appeared first on HELPERS.