Business Planning

Vehicle tax payment deadline coming up

If you or your Hungarian business owns a motor vehicle registered in Hungary, you must pay vehicle tax twice a year, by 15 March and 15 September. This tax is different from the company car tax, so make sure you pay it on time. The next deadline is coming up soon.

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Non-compete agreement in the Hungarian labor contract

Employees often have very specific, special skills which an employer might not want to see in the service of the competition. In such cases, a non-compete agreement can be drawn up. Read on to learn how that works.

The post Non-compete agreement in the Hungarian labor contract appeared first on Hungarian Work Permit.

Trademark law modified in Hungary as of January 2023

Hungarian trademark law has just been updated to better harmonize with EU regulations and other relevant Hungarian law. This means several small changes to the existing law, mostly with practical considerations, making the trademark registration process smoother than before.

The post Trademark law modified in Hungary as of January 2023 appeared first on Helpers Hungary.

Trademark law modified in Hungary as of January 2023

Hungarian trademark law has just been updated to better harmonize with EU regulations and other relevant Hungarian law. This means several small changes to the existing law, mostly with practical considerations, making the trademark registration process smoother than before.

The post Trademark law modified in Hungary as of January 2023 appeared first on HELPERS.

Is the loan of the Széchenyi Card Program a good option for your small business?

The Széchenyi Card Program is government-backed loan construction to support development projects at small and medium sized businesses in Hungary. With its 5% interest rate, it is an excellent option in the current financial environment.

The post Is the loan of the Széchenyi Card Program a good option for your small business? appeared first on Helpers Finance.

How long will the MNB keep up the tight monetary policy in 2023?

Last week the Hungarian National Bank (MNB) held a press conference about economic expectations in Q1 2023 and the measures it is taking to counter inflation and moderate foreign exchange rates. They are continuing the implementation of a tight monetary policy until more encouraging economic trends are detected.

The post How long will the MNB keep up the tight monetary policy in 2023? appeared first on Helpers Finance.

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.

The post Inflation in Hungary – what to expect in 2023 appeared first on Helpers Finance.

Global minimum tax will not affect small businesses in Hungary

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 legislation, alongside the related administrative procedures.

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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.

The post Taxes in Hungary 2023 appeared first on Helpers Finance.

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.

The post Stay on top of the October economic trends and investment options in Hungary appeared first on Helpers Finance.