Analysis
NACE, or TEÁOR in Hungarian, is a classification of economic activities that is used in Europe to make statistics about what businesses do and where their income is from. The latest NACE update came into force as of 1 January 2025, and it might mean a few additional tasks for you and your accountant.
The post NACE update 2025: Rev. 2.1 introduced throughout the EU appeared first on Helpers Finance.
The short answer is: Hungary does not limit the number of citizenships its citizen may hold at the same time. You can have Hungarian citizenship as your second or third citizenship.
The post How many citizenships does Hungary allow? appeared first on Hungarian Citizenship.
In Europe, VAT is a tax on consumption, added to the net price of goods. Standard VAT rates are different in each EU member state and depend on the type of goods or services. If you trade internationally, calculating VAT will be an essential part of your accounting and bookkeeping.
The post VAT rates in Hungary appeared first on Helpers Finance.
Under the new Hungarian immigration law that came into force this year, the Hungarian work permit has been split into several categories. Which work permit types will be relevant to your Hungarian company?
The post Which work permit types are relevant to your Hungarian company? appeared first on Hungarian Work Permit.
When you operate a Hungarian company, planning your budget should include planning for payroll costs. Depending on your business model, you might need to apply wage supplements from time to time, so it is worth getting familiar with them.
The post Wage supplements and overtime in Hungary appeared first on Helpers Finance.
As of 1 January 2024, new Hungarian residency options are available to third-country nationals living in Hungary or planning to move here.
The post Hungarian residency options for non-EU citizens under the new immigration law appeared first on HELPERS.
As of 1 January 2024, new Hungarian residency options are available to third-country nationals living in Hungary or planning to move here.
The post Hungarian residency options for non-EU citizens under the new immigration law appeared first on Helpers Hungary.
CSOK Plus, the 2024 edition of the Hungarian family housing allowance and prenatal loan program is giving a new boost to the local real estate market. Read on for a summary on the program and its latest impact.
The post CSOK Plus and the Hungarian real estate market in 2024 appeared first on Helpers Finance.
The next few weeks will be quite eventful regarding forming expectations about Hungarian economy in 2024. Key personalities are giving speeches at current events, and statistical data is also expected soon.
The post Forecast coming up about Hungarian economy in 2024 appeared first on Helpers Finance.
The agreement remained in force until 31 December 2023, but now it is not applicable anymore. In response, Hungary has introduced some changes to tax regulations to mitigate the impact.
The post US-Hungarian double taxation treaty canceled – what to watch out for? appeared first on Helpers Finance.