Business Immigration

The lowest corporate tax rate in Europe

Only 9% is payable regardless of how much your turnover or profit is. Although some countries apply higher corporate tax rates to companies with higher profit, there is no such rule in Hungary. This means that you can take advantage of the lowest corporate tax rate in Europe regardless of your business volume.

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Syrian businessman to make Hungary a power in (Ghraoui) chocolate

The Ghraoui family has been selling delicacies in Syria for more than 200 years. After they had to leave everything behind because of the civil war, they set up their new, European headquarters in Hungary.

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Effortless company formation lets you focus on business growth

There’s an unavoidable amount of filing documents, corresponding with various authorities, checking deadlines and regulations… Clearly, it’s not the best use of your time to deal with these issues. Setting up a Hungarian company with Helpers will get these boring but necessary tasks out of the way. Let’s see some of the advantages you will get to benefit from.

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How to easily profit from tourism in Hungary

Tourism in Hungary is one of the most important and fastest growing industries, amounting to 1558 billion HUF in 2016. In 2015, 15.6 million tourists have visited the country, in 2016 it was 16.8 million. One of the simplest ways to profit from this industry is buying an apartment to use as a vacation rental.

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Extend your business to Europe

If you are an international businessman looking to extend your business to Europe, forming a Hungarian company might be one of the best solutions. By setting up your European base in Hungary, you can enjoy the lowest corporate tax rate, a Schengen visa, an immediate VAT number, low business costs.

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EU company after Brexit

It seems increasingly unlikely that the UK will get any kind of sweetheart deal from the EU after Brexit. This means that your UK company will no longer have access to the European single market, and that you as a UK national will lose the right to move freely within Europe.

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Office spaces in Budapest

Getting a place in a co-working space might make sense in the initial phase of building your company. Once your company has expanded to several full-time employees, you might want to rent an office of your own.

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How does the 9% corporation tax rate affect your business?

Whether you already have a company in Hungary or you are planning to register one, understanding how the 9% corporation tax rate affect your Hungarian business is crucial for planning ahead in 2017.

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9% corporate tax and new allowances in 2017 in Hungary

For the past decades, Hungary has offered the most favorable conditions for businessmen intending to set up a company in Europe. Now new regulations make it even more attractive. Read our tax alert and learn about the 9% corporate tax and more!

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What is management accounting?

Managing directors can feel sometimes that the only purpose of financial accounting is to fulfil the requirements of the Tax Authorities. However, transparent and faithful representation is useful, as it is essential for informed decision making.

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