Business

KIVA: a small tax for small businesses in Hungary

KIVA is a tax for small businesses in Hungary. As opposed to running an LLC and paying the “regular” taxes (9% corporate tax and various other taxes, especially on payroll), the 11% rate of KIVA includes corporate tax, social contribution tax and vocational training levy. This, combined with how the tax base is calculated, makes …

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Move your IT company to Hungary from Serbia

Hungary offers favorable taxation, advanced infrastructure, and low costs. If you are operating an IT company in Serbia and are looking for better conditions, set up a company in Hungary and enjoy all the benefits it can offer.

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Taxes for affiliated SMEs in Hungary

Do you own, manage or do business with multiple SMEs in Hungary? They may be considered affiliated undertakings, which can affect taxation depending on the circumstances. The regulation seems complex, but Helpers Finance is here to help. In this blog post, we explain all you need to know. What is an affiliated undertaking? In Hungary, …

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The benefits of a virtual office (and why you should have one)

The cost-effective and digital solutions offered by our virtual office service can hinder the spread of the disease while contributing to reducing costs for your company without compromising operational safety.

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Bank holidays in 2021 Hungary

If you operate a business in Hungary and you have employees working for you, you must know about Hungarian bank holidays to better plan work loads, budget for wage supplements, and make informed business decisions.

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How to save money on European company setup in covid times

In times of change, it makes sense to base your plans on factors that are less liable to change. This is why it is worth choosing Hungary when you are moving your business to Europe.

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Business etiquette for foreigners in Hungary

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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Budapest is the most affordable city to start a business

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.

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Aspects to consider before creating a webshop in Hungary

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.

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Subsidiary, branch office and commercial representative office in Hungary

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.

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