Business
After the introduction of a state backed 3% housing loan in September, Hungary has now launched a new loan scheme for businesses. The 3% loan is available in the Széchenyi Card Program that is intended to give a boost to small and medium-sized businesses in Hungary.
The post New 3% loan available to businesses in the Széchenyi Card Program appeared first on Helpers Finance.
The Hungarian National Bank has just published its latest data on cash usage in Hungary. There are currently 725 million HUF bank notes and 2.6 billion HUF coins in use, worth HUF 9.125 billion in total. The most popular pieces are the HUF 20,000 notes and the HUF 5 coins, so the pieces of the highest and lowest value.
The post Cash remains essential in Hungary in 2025 appeared first on Helpers Finance.
All good things come to an end. When your Hungarian business operation has run its course, you can officially close your business through a process called liquidation. In some cases, you can opt for simplified liquidation and the procedure can be completed simply by your accountant – learn when.
The post Can your accountant liquidate your Hungarian company? appeared first on Helpers Finance.
As your Hungarian company grows, you may want to add more executives – either by promoting current employees or hiring new ones. Executive roles come with special rules, fewer protections, and in some cases, changes to work permits, so make sure to consult a specialist like Helpers before you proceed with hiring executives.
The post Hiring executives at your Hungarian company – what you need to know appeared first on Company Formation.
Just two weeks ago, the Hungarian Forint made headlines due to growing stronger against USD. Right now, after the latest Fed announcement, HUF is stronger than anytime over the last three and a half years at around HUF 330.
The post Hungarian Forint continues strong against USD appeared first on Helpers Finance.
If you need cleaning and similar services for your business, you will need to contract a provider. However, if you need this type of work done at your home, you can engage domestic workers and save on taxes. Certain types of domestic work are not taxed in Hungary, although the work itself must be reported to the Tax Authority.
The post Employing domestic workers in Hungary appeared first on Helpers Finance.
Last Friday, HUF got to its strongest against USD in two years with an exchange rate as low as HUF 334.6. While this is mostly due to the international decline of USD, HUF did get stronger against EUR and CHF too because of a generally good political climate.
The post HUF is stronger than anytime over the last two years appeared first on Helpers Finance.
Once you set up your Hungarian company, you will be able to take care of most administrative tasks online. Hungarian administration is highly digitalized, making business operation more transparent. Read on to get familiar with the tools for online administration in Hungary.
The post Online administration for Hungarian companies appeared first on Company Formation.
Are you planning to start a business in Hungary? You have various forms of business to choose from. Consider what kind of activity you intend to perform, and choose accordingly.
The post Should you start a company or a freelancing business in Hungary? appeared first on Company Formation.
In another win for the digitalization of Hungarian administration, the pink social security booklet is finally being abolished as of January 2026. The information it contains is now safely managed by various government agencies, so the booklet has been redundant for some time. Instead, a new online platform will be created where employers can still check data if that is relevant to them.
The post The pink social security booklet will be abolished in Hungary appeared first on Helpers Hungary.