Analysis

Green taxation trends in Europe boosting the economy

How to boost the economy during recession, like the one caused by the COVID-19 pandemic? Scandinavian countries have found a recipe that has let them remodel their economy: green taxation.

The post Green taxation trends in Europe boosting the economy appeared first on Helpers Finance.

AI and automation in accounting

Automation in accounting, just in any other fields, aims at removing simple and repetitive tasks from the workload of specialists, so they can focus on tasks that require more expertise and creativity. Adding AI to the mix will be a next step that enables an even higher level of automation and increase in efficiency.

The post AI and automation in accounting appeared first on Helpers Finance.

EU citizenship by descent

Many countries around the world offer fast-track citizenship to foreign descendants of former citizens. But how does that work – and how can you become an EU citizen? Citizenship by descent As a rule of thumb, you will be considered a citizen of a country if you were born there and your parents were also …

The post EU citizenship by descent appeared first on Hungarian Citizenship.

Labor demand and the 20% new quota on foreign workers

In July, Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó announced that the limit on the number of foreign workers in foreign-owned Hungarian businesses would be raised from 10% to 20%. However, many enterprises under foreign ownership already employ more third-country nationals than that. How is that possible? Are these enterprises breaking the law? […]

The post Labor demand and the 20% new quota on foreign workers appeared first on Hungarian Work Permit.

Hungarian work permits: the year 2020 in numbers

Hungary has been facing labor shortage because of demographic reasons. As a result, the government has taken steps to make it easier for foreigners to work in the country. These measures proved very successful, more than tripling the number of work permit applications over the last three years before the pandemic. Work permit vs. EU […]

The post Hungarian work permits: the year 2020 in numbers appeared first on Hungarian Work Permit.

Investment Immigration passports under pandemic travel bans

With investment immigration, most investors are aiming to acquire some kind of stability, whether it entails visa-free travel, a secure investment, or a family-friendly environment. With the current travel bans imposed to hinder the spread of COVID-19, many passports are losing their value, while others might become more sought after. Travel bans for regularly highly […]

The post Investment Immigration passports under pandemic travel bans appeared first on New Residency.

IMF forecast: Malta and Hungary among strongest EU economies after pandemic

The IMF publishes its world economy outlook report twice a year. The latest edition in April expects Malta and Hungary among the economically strongest countries in the EU after the pandemic. Stable economies in the EU When choosing a second home, one of your main considerations might be whether your intended destination provides a safe […]

The post IMF forecast: Malta and Hungary among strongest EU economies after pandemic appeared first on New Residency.

Bringing employees to Hungary – Work permit or Intra Corporate Transfer?

If the employee is a national of a non-EU country and is entering the EU for their temporary deputation, they will need a work permit. In some special cases, the employee might apply for an intra corporate transfer permit, which offers added benefits to both employer and employee.

The post Bringing employees to Hungary – Work permit or Intra Corporate Transfer? appeared first on HELPERS.

How to stay in Hungary while waiting for your citizenship approval?

So you think you are eligible for Hungarian citizenship, right? And you want to stay in Hungary while still waiting for your application being processed? Then read on to learn more about your options. It all depends on your application process The procedure that lets you stay in Hungary while you wait for becoming a …

The post How to stay in Hungary while waiting for your citizenship approval? appeared first on Hungarian Citizenship.

Hungarian company formation trends in 2019

Hungarian company formation was more popular in the first quarter of 2019 than anytime since 2014. The increasing number of incorporations, together with a recent decrease in the number of company dissolutions shows a positive trend altogether.

The post Hungarian company formation trends in 2019 appeared first on HELPERS.