Business Planning

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. Base rate increased to 7.75% The recent increase of 185 basis points is …

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What is cafeteria in Hungary? Learn about fringe benefits

When you hear the word “cafeteria”, normally you would think of a self-service restaurant. In Hungary, however, “cafeteria” is the collective term for fringe benefits you can give your employees above their gross salary. Learn how it works, and see if it can be beneficial to your Hungarian company. Cafeteria can make you a more […]

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How to choose a company name in Hungary

hen you set up a company in Hungary, it will need a name that distinguishes it from other ventures. Learn what the compulsory elements of a company name in Hungary are, and choose the perfect name.

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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? Factors leading towards stagflation The coronavirus pandemic that …

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Safe investment when war is coming your way

When you have funds in excess, it is usually best not to just let them lie around in your pocket or on a bank account, but to make some kind of investment to ensure that your money retains its value, or even turns a profit. But from which investments can you actually expect that, especially …

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Price cap for basic foods introduced in Hungary for three months

Last updated on 28 January 2022. Because of the soaring inflation, Hungary has announced the introduction of a price cap for a handful of basic foods. The price control will be in force starting from 1 February 2022, and will remain in place for 3 months. You can find the official decree here. Price of …

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Explore the new small business tax calculator

Every newly registered company in Hungary must choose a tax regime. Is the regular corporate tax or KIVA more beneficial for your company? Check out our new small business tax calculator, and let us help you make an informed decision.

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Changes to taxation in Hungary in 2021 and 2022

Taxes in Hungary are adjusted every year, and the Parliament has recently decided about the next changes to taxation. Some of them will affect your business in Hungary – find out how!

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Global minimum tax to be introduced soon?

Talks of a global minimum tax have recently become a hot topic after several international players proposed it. In May both the USA and the OECD made mentions of such a tax, and in June the G7 made a commitment towards its introduction. However, Hungary is against it, for now.

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