Business
All companies registered in Budapest have obligations towards BKIK, the Budapest Chamber of Commerce: every year, they must provide the Chamber of Commerce with information about their activity and pay a small contribution. However, joining BKIK is optional, meaning that the yearly contribution is not a membership fee. So what is the difference between the …
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The post BKIK membership as opposed to yearly contributions appeared first on Company Formation.
Every newly registered company in Hungary must choose a tax regime. Is the regular corporate tax or KIVA more beneficial for your company? Check out our new small business tax calculator, and let us help you make an informed decision.
The post Explore the new small business tax calculator appeared first on Helpers Finance.
Start-ups and SMEs usually have outsourced accounting. But what are the main benefits, and when does it makes sense to have accountancy in-house instead? There are three main factors to consider: the size, the activity, and the budget of your enterprise.
The post Outsourced accounting vs. in-house accounting appeared first on Helpers Finance.
If you have a business in Hungary, you may have received an e-mail from the Budapest Chamber of Commerce (BKIK) about your yearly contribution. This is a fee that all Hungarian companies must pay to support the operations of the Chamber of Commerce. But how much do you need to pay and what can you expect if you miss the deadline?
The post Make sure to pay the BKIK contribution for 2021 appeared first on Helpers Finance.
Taxes in Hungary are adjusted every year, and the Parliament has recently decided about the next changes to taxation. Some of them will affect your business in Hungary – find out how!
The post Changes to taxation in Hungary in 2021 and 2022 appeared first on HELPERS.
Talks of a global minimum tax have recently become a hot topic after several international players proposed it. In May both the USA and the OECD made mentions of such a tax, and in June the G7 made a commitment towards its introduction. However, Hungary is against it, for now.
The post Global minimum tax to be introduced soon? appeared first on HELPERS.
The Hungarian Minister of Foreign Affairs recently made an announcement that the Parliament has decided to raise the limit on the number of third-country nationals a foreign-owned Hungarian company can employ. But what does this mean for your company in Hungary?
The post How many foreigners can your Hungarian company employ? appeared first on HELPERS.
The introduction of global minimum corporate tax would be a major update to international tax rules. While the idea has been gaining momentum, some countries are against it. But how would this global minimum tax work? Where does Hungary stand? And most importantly: will your Hungarian business be affected?
The post Hungary rejects global minimum tax appeared first on Helpers Finance.
A foreigner looking to start a company in Hungary can be perplexed by the many forms of business offered by the country. The most popular one is undoubtedly the Ltd (Kft in Hungarian), but there are many more, each with different benefits and limitations.
The post Subsidiaries and other forms of business in Hungary appeared first on Helpers Finance.
To do business in Hungary, you will most likely need a Hungarian VAT number. This number is used for invoicing and taxation purposes: to put it simply, it is what identifies you as a company (or a freelancer) at the Tax Authority. It is not to be confused with the tax ID, which is what …
The post How and when to register a Hungarian VAT number appeared first on Helpers Finance.