Business Planning
As your Hungarian company is growing, you might want to distribute leadership duties and increase the number of executives either by way of promoting existing employees or employing executives as new hires. However, executive employees have different rights and protections, while a promotion may affect the work permit status of an employee.
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Online purchases take a more and more of the economy in Hungary as well as around the world. Read on to get familiar with the latest statistics, and consider how these numbers relate to your business in Hungary.
The post Online purchases in Hungary appeared first on Helpers Finance.
After difficulties in 2023 and 2024, Hungarian GDP is again on the rise. The volume of gross domestic product was 0.5% higher in Q4 2024 than in Q3 2024, and 0.4% higher than in Q4 2023. The increase might seem small, but it indicates a turn after a lengthy period of challenges.
The post Hungarian GDP starts growing again in Q4 2024 appeared first on Helpers Finance.
You can use your personal money to provide the share capital of your Hungarian company. Once that is done, however, your own money and the company’s money are separate, and you cannot make transfers freely or without proper documentation.
The post Can I put my own money in my Hungarian company? appeared first on Helpers Finance.
Hungary does not have a progressive tax system, so it doesn’t really have tax brackets. However, it offers various tax benefits and preferential tax regimes that are available under certain income limits.
The post Tax brackets in Hungary appeared first on Helpers Finance.
Organizational citizenship behavior is everything that employees do outside the scope of their job description to support their colleagues and to benefit the organization as a whole. Let’s see how it works and how you can encourage it at your Hungarian company.
The post Organizational citizenship at your Hungarian company appeared first on Hungarian Work Permit.
Do you have foreign employees at your Hungarian company? Then make sure to check out the key updates that affect HR, payroll, and employee benefits in 2025. Consult your accountant or payroll specialist to see how to apply relevant changes at your business.
The post Key changes in 2025 in HR, payroll, and employee benefits in Hungary appeared first on Hungarian Work Permit.
Fringe benefits in Hungary are usually referred to as “cafeteria”. Fringe benefits typically offer better options for taxation than regular salaries, while they can give a boost to specific sectors of domestic economy and contribute to overall transparency.
The post Fringe benefits in Hungary – Cafeteria 2025 appeared first on Helpers Hungary.
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 Hungarian Parliament has recently accepted the law governing taxes in Hungary in 2025. In our second article on changes being introduced next year, you can discover the 2025 tax changes most relevant to your Hungarian business operation.
The post Tax changes relevant to your Hungarian company in 2025 appeared first on Helpers Finance.