Business
If you want to build lasting and fruitful business relationships locally, you should get familiar with basic business etiquette in Hungary. Show your respect towards your partners by being well-dressed, punctual, and polite.
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Based on 5 factors relevant for business set-up and among 70 key OECD cities, Budapest offers the most cost-friendly options for starting a business.
The post Budapest is the most affordable city to start a business appeared first on HELPERS.
The main sectors currently include electronics, toys, and presents, while the volume of “fast moving consumer goods”, meaning mostly groceries, meals and drinks has also been increasing, especially over the last few months.
The post Aspects to consider before creating a webshop in Hungary appeared first on HELPERS.
When you want to start doing business in Hungary, you might want not to create an individual LLC but set up an outpost of your foreign company, which can be a branch office or a commercial representative office.
The post Subsidiary, branch office and commercial representative office in Hungary appeared first on HELPERS.
Part of the economic relief measures in Hungary due to the coronavirus pandemic, some payroll taxes are reduced to help retain employees and heighten job security. The structure of fringe benefits and healthcare contributions also changes.
The post Payroll taxes and contributions reduced in Hungary during the pandemic appeared first on HELPERS.
As part of the economic relief measures in Hungary related to the COVID-19 pandemic, the government will provide an allowance for 3 months for income lost due to reduced working hours.
The post State aid: 3-month allowance to protect jobs with reduced working hours in Hungary appeared first on HELPERS.
In the latest forecast published by the IMF, Hungary is listed among the economically strongest EU member states, with the least expected GDP loss in 2020, and an impressive comeback in 2021.
The post Hungarian economy still strong according to IMF outlook appeared first on HELPERS.
Whenever the basic data of your Hungarian company are changed, the new data must be registered officially, so all those interested can access up-to-date information in the company registry.
The post Company modification in Hungary appeared first on Helpers Finance.
Discuss TEÁOR codes with your account manager when planning the company formation, so you can submit the right codes to the registry. You will need to revisit the concept of TEÁOR codes only if you want to alter or expand the range of economic activities of your company.
The post Possible economic activities at your Hungarian company appeared first on HELPERS.
A Power of Attorney (or a POA in short) is an official document through which you can authorize persons or entities to act in your name. However, if you want the Power of Attorney to be recognized by all authorities internationally, you will need it attested.
The post How to properly get a Power of Attorney attested? appeared first on HELPERS.