Business Solutions
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.
Value Added Tax, or VAT in Hungary is a consumption based tax, which is regularly added to the net price of products sold. If you have a company and you can reclaim VAT, its sum will matter to you. So let’s see the changes to VAT in Hungary in 2017.
The post How does VAT in Hungary change in 2017? appeared first on HELPERS.
Hungarian taxation rules are quite strict. If you run a Hungarian company, you need an accountant who is knows the latest updates to regulations and all declaration process changes.
The post What are the changes to the tax declaration process in 2017? appeared first on HELPERS.
Personal income tax in Hungary is currently 15%. It is deducted from the gross salary of employees, who get only their net salary. It is the employer who transfers taxes and contributions to the authorities. This will not change in 2017 – let’s see what will!
The post How do Hungarian personal income tax and social contributions change in 2017? appeared first on HELPERS.
It goes without saying that different countries have different cultural norms and different ways of interacting, but finding a foreign business partner that speaks the same language we do can trick us into thinking that we understand each other perfectly. Which might not always be the case.
The post Intercultural communication and business strategy appeared first on HELPERS.
Keeping your Hungarian company compliant starts with submitting all reports and accounting documents on time, paying taxes, contributions and salaries when they are due and ensuring all contracts and invoices conform to regulations. In order to ensure this, you need to gather reliable information about all your business partners; ideally, before you start any business […]
The post What does due diligence mean for my Hungarian company? appeared first on HELPERS.