Administration

Company modification in Hungary

Are you running a Hungarian company? Then you must make sure that its data are always up to date in public databases. Depending on which data you are changing, update can be done simply by your accountant or with the help of a lawyer through “company modification”.

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Census 2022 Hungary

Every 10 years, there is a census in Hungary to get a better understanding of the people living here. The census will take place over the course of October and November 2022, and data can be submitted online or through visiting data collectors.

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Registered seat upgrade in Hungary with Helpers

What do you get at your registered seat? How fast and reliable is mail forwarding? Do you get actionable, English summaries of important messages? Upgrade your registered seat to a virtual office with Helpers and focus your resources on growing your business.

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What does an accountant do at a Hungarian company?

The post What does an accountant do at a Hungarian company? appeared first on Company Formation.

Property purchase in Hungary as a foreigner

If you are not a citizen of Hungary, you might need a property purchase license before you can finalize the deal – your lawyer can take care of it. After purchase, you will be required to pay property tax, which is normally 4% of the purchase price.

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No more visa-free entry to the Schengen zone?

In May 2023, the ETIAS system will go live. It will be relevant to those non-EU residents who can currently travel visa-free to the Schengen zone. Come May, their passport will not be enough: they will have to register in the ETIAS system before their trip.

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New license plate number structure in Hungary from July 2022

As of 1 July 2022, newly issued license plates have a new structure and a new design to ensure that every vehicle can have a unique registration number in the foreseeable future and number plates are harder to forge.

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ETIAS visa waiver goes live May 2023

Currently, passport holders of more than 50 countries can enter the Schengen zone without a visa. Starting from May 2023, they will be required to apply for an ETIAS visa waiver before their trip.

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Two-factor authentication available at the Client Gate

Starting from June 2022, 2FA is available at Ügyfélkapu (or the “Client Gate”), the online customer service portal of Hungarian electronic administration.

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Company modification in Hungary

In Hungary, data of any company are registered with the Company Registry, and it is the owner’s or the executive’s responsibility to keep those data up to date. Some changes can be simply reported, but changes to core data require a more complex procedure called company modification. Learn what these are, and how to handle …

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