Business Planning

Fringe benefits in Hungary – Cafeteria 2018

Apart from salary, employees can receive a “non-salary compensation”. The various fringe benefits or cafeteria elements offer more favorable taxation options than regular salary – this is why many employers decide to offer cafeteria to their employees.

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Setting up an online business in the EU

When you plan to sell your goods or services exclusively online, you have more freedom to choose the country where you set up your business. Within Europe, Hungary offers more than just membership in the EU and the Schengen zone. It has a fast and simple incorporation process, an automatic EU VAT number, and the lowest corporate tax rate in the EU.

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Business class accountancy from Helpers

The difference between two accountants can be as big as the difference between flying with a budget airline and flying business class. Both will get you to your destination, but how enjoyable will your experience be? Will you have to pay extra for every sip of water or enjoy an all-inclusive service? Will you be treated as a chore to be gotten over with or as a valued customer?

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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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Hungary on the European job market – Find affordable, quality workforce

Hungary has a special place on the European job market, because thanks to its top-quality universities and relatively low living costs it provides affordable, quality workforce to your new European company.

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Get your immediate EU VAT number

Having an EU VAT number improves trading relations with European partners quite a bit. Cross-border transactions are mostly exempt from VAT if both you and your business partner have an EU VAT number. Needless to say, this is greatly beneficial for your cash flow as well as for VAT administration.

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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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How can the Chinese New Year affect your business?

In 2017 the first day of the Chinese New Year is 28 January, initiating the year of the rooster. The Chinese have a celebration that lasts for about 20 days. Employees have seven days off from work, and business is usually resumed on the 8th day of the festival. This may have an effect on your business if you have a Chinese partner.

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