Business

On 12 July 2022, just one day after its proposal, the Hungarian Parliament has accepted the new KATA law that will affect more than 430,000 taxpayers in Hungary, most of who will no longer be eligible for this tax regime starting from 1 September.
The post KATA changes introduced in the middle of the year appeared first on HELPERS.

KATA is one of the most popular tax regimes in Hungary among small taxpayers. For some time, there have been talks about the introduction of further restrictions starting from 2023 (we wrote about them here). Now in just two days, the government has accepted a new set of regulations that practically eliminates KATA from September. …
The post New rules slap 400,000 KATA subjects in the face appeared first on Helpers Finance.

When you set up a Hungarian company, you probably expect to make money on it. But how much of the company’s revenue can you actually take for yourself? Learn the basics of Hungarian corporate taxes, and how to take dividend from your company. From revenue to profit The money your Hungarian company gets from sales …
The post Dividend in Hungary 101: how much do you get from your company? appeared first on Helpers Finance.

Hungarian company formation is allowed for any legal person who is not specifically forbidden from doing so. But how does that work in practice? Anyone can set up a company in Hungary In Hungary, the most popular form of business is the LLC. Any legal person can set up a company who is not expressly …
Who can set up a company in Hungary? Read More »
The post Who can set up a company in Hungary? appeared first on Company Formation.

The Monetary Council of the Hungarian Central Bank increased the base rate with an unexpected 185 basis points. Now analysts expect a base rate above 10% for the fall, which should help restrain inflation and the depreciation of HUF compared to EUR. Base rate increased to 7.75% The recent increase of 185 basis points is …
The post Base rate increase in Hungary to reduce inflation appeared first on Helpers Finance.

After the October announcement of joining the global minimum tax convention, Hungary has just vetoed the EU proposal on implementation, while the Hungarian Parliament has also passed a bill on not supporting the scheme for the time being.
The post Hungary vetoes EU global minimum tax proposal appeared first on HELPERS.

Are you managing a Hungarian company? Do you need a physical office? Depending on how much you intend to use it, you might be better off with options provided by a coworking space. What do you need a physical office for? Most businesses in Hungary do not need a physical space of operation right from …
When you need a physical office, consider coworking Read More »
The post When you need a physical office, consider coworking appeared first on Company Formation.

In Hungary, data of any company are registered with the Company Registry, and it is the owner’s or the executive’s responsibility to keep those data up to date. Some changes can be simply reported, but changes to core data require a more complex procedure called company modification. Learn what these are, and how to handle …
Company modification in Hungary Read More »
The post Company modification in Hungary appeared first on Company Formation.

Whether you can set up an offshore company in Hungary depends on what you mean by an offshore company. Discover the most widespread definitions, and learn if Hungary is a good match for you.
The post Can I set up an offshore company in Hungary? appeared first on HELPERS.

The registered seat service is relevant for companies. It is most like a rental service, where a provider offers your Hungarian company an address it can use as its own. The forwarding representative is relevant for the persons owning and operating the company.
The post Forwarding representative and seat provider in Hungary: What’s the difference? appeared first on HELPERS.