Business Planning

Inflation in Hungary – what to expect in 2023

Are you running a business in Hungary? Get familiar with the latest statistics and projections regarding GDP and inflation in Hungary in 2022 and 2023 based on the latest data.

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Global minimum tax will not affect Hungarian SMEs

Hungary has finally agreed to the introduction of the global minimum tax in the EU. This will make major corporations with a worldwide yearly income over EUR 750 million pay corporate tax at 15%. While the Hungarian standard corporate tax can remain 9%, the implementation of the global minimum tax will affect all the relevant …

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Taxes in Hungary 2023

As the end of the year is creeping closer, it is worth starting to prepare for the new year. January is traditionally the season for the introduction of new tax regulations. Read on to find out about the expected changes to taxes in Hungary in 2023. Flat-rate taxation Starting from next year, the conditions for …

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Stay on top of the October economic trends and investment options in Hungary

How to make the most of your money is never an easy question. Especially under the current, unprecedented circumstances, among a pandemic, war, and increasing energy costs, it is increasingly difficult to make the right investment decisions. Read on to get an overview of the most prominent economic trends in Hungary in October 2022. Inflation …

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Tax benefits in Hungary

When planning for salaries in Hungary, you should keep in mind the various tax benefits available to employees. Since they increase net salaries without extra costs to the employer, they also function as incentives for employing certain demographic groups. Tax benefits and gross salary The tax benefits available in Hungary apply to everyone who is […]

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Taking dividends in Hungary – what to watch out for

As the owner of a Hungarian company, you can use the profit of your company for yourself by taking dividends. Before you can do that, your company will always need a balance sheet, and in some cases, an audit as well. Read on to learn about the aspects to consider. Dividend in Hungary in a …

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Company modification in Hungary

Are you running a Hungarian company? Then you must make sure that its data are always up to date in public databases. Depending on which data you are changing, update can be done simply by your accountant or with the help of a lawyer through “company modification”.

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Representation tax at your Hungarian company

Representation tax in Hungary is a tax imposed on catering-like expenses of companies. It is intended to deter enterprises from making personal purchases with company money and then deducting the expenses from their taxes, so it is a significant tax you should keep in mind when planning expenses. Why “representation” tax? When you welcome people …

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Registered seat upgrade in Hungary with Helpers

What do you get at your registered seat? How fast and reliable is mail forwarding? Do you get actionable, English summaries of important messages? Upgrade your registered seat to a virtual office with Helpers and focus your resources on growing your business.

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