Business Solutions
Tourism in Hungary is one of the most important and fastest growing industries, amounting to 1558 billion HUF in 2016. In 2015, 15.6 million tourists have visited the country, in 2016 it was 16.8 million. One of the simplest ways to profit from this industry is buying an apartment to use as a vacation rental.
The post How to easily profit from tourism in Hungary appeared first on HELPERS.
If you are an international businessman looking to extend your business to Europe, forming a Hungarian company might be one of the best solutions. By setting up your European base in Hungary, you can enjoy the lowest corporate tax rate, a Schengen visa, an immediate VAT number, low business costs.
The post Extend your business to Europe appeared first on HELPERS.
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.
The post Get your immediate EU VAT number appeared first on HELPERS.
It seems increasingly unlikely that the UK will get any kind of sweetheart deal from the EU after Brexit. This means that your UK company will no longer have access to the European single market, and that you as a UK national will lose the right to move freely within Europe.
The post EU company after Brexit appeared first on HELPERS.
Getting a place in a co-working space might make sense in the initial phase of building your company. Once your company has expanded to several full-time employees, you might want to rent an office of your own.
The post Office spaces in Budapest appeared first on HELPERS.
Hungary is one of the best places if you want to start a business in Europe. You only need 3 things: a registered address, a bank account and an accountant.
The post The 3 requirements if you want to start a business in Hungary appeared first on HELPERS.
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!
The post 9% corporate tax and new allowances in 2017 in Hungary appeared first on HELPERS.
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.
The post What is management accounting? appeared first on HELPERS.
Company dissolution is one method of ceasing business activity of a company which does not have any liabilities. While company formation in Hungary is quick and easy, tying up loose ends might take some time.
The post Your essential guide to the company dissolution process in Hungary appeared first on HELPERS.
KIVA is short for Small Business Tax in Hungarian (“Kisvállalati Adó”). It is a tax construction that can be chosen by small businesses if they fulfil certain conditions. Let’s see how KIVA changes in 2017.
The post How does the Hungarian Small Business Tax (“KIVA”) change in 2017? appeared first on HELPERS.