Analysis

Hungarian residency options for non-EU citizens

The Hungarian residence permit is issued based on your plans in Hungary. The procedure will be slightly different in each case, and different supporting documents will be required. The application procedure usually takes 2-3 months, so make sure to apply in time.

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KATA alternatives for limited partnerships: TAO, KIVA, EKHO

While flat-rate taxation is a cost-effective alternative for self-employed KATA orphans from September, it is not available for limited partnerships. Instead, they may consider whether TAO, KIVA and/or EKHO are suitable alternatives for their company.

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Options for KATA taxpayers starting from September

After new restrictions on the KATA tax regime made it impossible for many current KATA taxpayers to continue doing business under the same rules, we have compiled a set of options they can choose instead, complete with drawbacks and pitfalls.

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KATA changes introduced in the middle of the year

On 12 July 2022, just one day after its proposal, the Hungarian Parliament has accepted the new KATA law that will affect more than 430,000 taxpayers in Hungary, most of who will no longer be eligible for this tax regime starting from 1 September.

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New rules slap 400,000 KATA subjects in the face

KATA is one of the most popular tax regimes in Hungary among small taxpayers. For some time, there have been talks about the introduction of further restrictions starting from 2023. Now in just two days, the government has accepted a new set of regulations that practically eliminates KATA from September.

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Dividend in Hungary 101: how much do you get from your company?

When you set up a Hungarian company, you probably expect to make money on it. But how much of the company’s revenue can you actually take for yourself? Learn the basics of Hungarian corporate taxes, and how to take dividend from your company.

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Base rate increase in Hungary to reduce inflation

The Monetary Council of the Hungarian Central Bank increased the base rate with an unexpected 185 basis points. Now analysts expect a base rate above 10% for the fall, which should help restrain inflation and the depreciation of HUF compared to EUR.

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ECB board member Fabio Panetta calls for stricter regulation of crypto assets

Fabio Panetta, member of the Executive Board of the European Central Bank has recently made a speech at Columbia University, where he talked about how and why central banks around the world should make a coordinated effort to regulate crypto assets more strictly. Learn about his concerns, the prospects for crypto in the EU, and regulations in Hungary.

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Price caps staying in Hungary until 1 July 2022

For the last few months, price caps have been in force in Hungary for fuels and some basic grocery items. While originally they were supposed to be expire in May 2022, the price caps were extended until 1 July 2022. Get an overview of the current situation, and see how it affects your Hungarian company.

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Impending global stagflation and its effects on your business

Stagflation is when economic growth slows down while inflation continues to increase. Developments of the last few years, most prominently the COVID pandemic and the war in Ukraine are making stagflation an increasing possibility. What do projections say, and how can you best prepare your Hungarian business?

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