Analysis
After the March introduction of a 10% price margin cap on various basic groceries, now a 15% price margin cap has been introduced for various household products. The new rule is expected to remain in place until the end of August.
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USD is historically considered one of the most stable currencies. Investors turn to it both in good times and bad, driving up its value in both instances. This is sometimes referred to as the dollar smile – which might become crooked in the near future. In turn, this would affect the exchange rates of EUR and HUF as well.
The post Another wave of USD devaluation on the horizon appeared first on Helpers Finance.
Online purchases take a more and more of the economy in Hungary as well as around the world. Read on to get familiar with the latest statistics, and consider how these numbers relate to your business in Hungary.
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If you are interested in European citizenship, it makes sense to check if you are eligible for citizenship by descent based on one of your ancestors. Many European countries offer citizenship to descendants of their citizens, and acquiring citizenship this way is usually faster and more comfortable than regular naturalization.
The post Citizenship by descent programs in Europe appeared first on Helpers Hungary.
The HUF/EUR exchange rate has been through a ride over 2024, but since January, EUR is back under HUF 400. USD is also back under HUF 370 since early March. How is this happening? Read on to find out.
The post HUF exchange rates in Q1 2025 appeared first on Helpers Finance.
The Hungarian government decided to combat inflation by introducing a price margin cap on basic groceries. They have issued a list, and retailers selling items in these categories cannot increase their margin on such items until the cap is in place.
The post Price margin cap to combat inflation in Hungary in 2025 appeared first on Helpers Finance.
After difficulties in 2023 and 2024, Hungarian GDP is again on the rise. The volume of gross domestic product was 0.5% higher in Q4 2024 than in Q3 2024, and 0.4% higher than in Q4 2023. The increase might seem small, but it indicates a turn after a lengthy period of challenges.
The post Hungarian GDP starts growing again in Q4 2024 appeared first on Helpers Finance.
According to the latest surveys, cash remains a strong element of Hungarian economy, while digital payment methods are slowly gaining ground.
The post Cash and digital payment in Hungary appeared first on Helpers Finance.
Moving your business to Hungary? Whether you are setting up a subsidiary to your existing business or a completely new venture, the Limited Liability company (or LLC for short) is an excellent option for starting your operation in Hungary and the EU.
The post 5+1 reasons to set up a Hungarian LLC appeared first on Company Formation.
You can use your personal money to provide the share capital of your Hungarian company. Once that is done, however, your own money and the company’s money are separate, and you cannot make transfers freely or without proper documentation.
The post Can I put my own money in my Hungarian company? appeared first on Helpers Finance.