Business
At any business, an executive is a person responsible for successful operation – either of one department, or the entire business. In line with this, the rights and obligations of executive employees are different from those of regular employees, and this should be reflected in their labor contracts.
The post Executive employees at your Hungarian company appeared first on Helpers Hungary.
After difficulties in 2023 and 2024, Hungarian GDP is again on the rise. The volume of gross domestic product was 0.5% higher in Q4 2024 than in Q3 2024, and 0.4% higher than in Q4 2023. The increase might seem small, but it indicates a turn after a lengthy period of challenges.
The post Hungarian GDP starts growing again in Q4 2024 appeared first on Helpers Finance.
According to the latest surveys, cash remains a strong element of Hungarian economy, while digital payment methods are slowly gaining ground.
The post Cash and digital payment in Hungary appeared first on Helpers Finance.
Moving your business to Hungary? Whether you are setting up a subsidiary to your existing business or a completely new venture, the Limited Liability company (or LLC for short) is an excellent option for starting your operation in Hungary and the EU.
The post 5+1 reasons to set up a Hungarian LLC appeared first on Company Formation.
You can use your personal money to provide the share capital of your Hungarian company. Once that is done, however, your own money and the company’s money are separate, and you cannot make transfers freely or without proper documentation.
The post Can I put my own money in my Hungarian company? appeared first on Helpers Finance.
Do you have foreign employees at your Hungarian company? Then make sure to check out the key updates that affect HR, payroll, and employee benefits in 2025. Consult your accountant or payroll specialist to see how to apply relevant changes at your business.
The post Key changes in 2025 in HR, payroll, and employee benefits in Hungary appeared first on Hungarian Work Permit.
Fringe benefits in Hungary are usually referred to as “cafeteria”. Fringe benefits typically offer better options for taxation than regular salaries, while they can give a boost to specific sectors of domestic economy and contribute to overall transparency.
The post Fringe benefits in Hungary – Cafeteria 2025 appeared first on Helpers Hungary.
When you operate a business in Hungary, you should be aware of the various public holidays and other special days during the course of the year. On and around holidays employees will want to go on a holiday more, while wage supplements also apply. In Hungary, there are 13 bank holidays every year, while in 2025 there will be 3 working Saturdays.
The post Bank holidays in Hungary 2025 appeared first on Helpers Hungary.
The Hungarian government budget for 2025 was presented to the Parliament on 11 November, and is expected to be finalized by 20 December. It contains not only the amounts to be spent on various institutions, but also predictions and expectations for 2025.
The post Hungarian government budget for 2025 presented appeared first on Helpers Finance.
With the mandatory introduction of two-factor authentication in governmental administration, accountants are facing a new challenge come 2025. Read on to learn how 2FA for the Client Gate can cause issues in accounting.
The post 2FA for the Client Gate interferes with accounting in Hungary appeared first on Helpers Finance.