Business
The war in Ukraine creates uncertainty in the entire region. Scarcity and instability hasten inflation, which at this scale is capable to affect the global economy. These effects are most obvious in the changes to foreign exchange rates. Currency volatility in Europe The fights in Ukraine affects most the countries that are closest, and which …
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When you have funds in excess, it is usually best not to just let them lie around in your pocket or on a bank account, but to make some kind of investment to ensure that your money retains its value, or even turns a profit. But from which investments can you actually expect that, especially …
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As a fallout of the current war between Ukraine and Russia, the Central Bank of Hungary (Magyar Nemzeti Bank or MNB) has recently announced that Sberbank Hungary will be liquidated. Bank deposits are insured by OBA and will be returned to customers; corporate customers should find a new financial provider as soon as possible. So …
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Despite recent rumors, Revolut is not moving out of Hungary. However, Revolut’s Hungarian HUF bank account is being cancelled as of 1 April 2022, which is most relevant for employers sending salaries to Revolut accounts and people spending HUF in Hungary. Get an overview from us, and see if you are affected. Who is Revolut …
The post What is happening to the Hungarian HUF bank accounts of Revolut? appeared first on Helpers Finance.
Currently, tension is growing on the border of Ukraine and Russia. Whether or not it will develop into a military confrontation, the situation is likely to affect economy in Europe and around the world. Even if inflation does not skyrocket, already existing trends might accelerate. Russia is vast, and it is a major provider of …
The post How a conflict between Ukraine and Russia can affect business in Europe appeared first on Helpers Finance.
The OECD is introducing a global minimum tax at 15% starting from 2023. The tax will only affect companies with a global revenue above EUR 750 million.
The post Hungarian SMEs will not be affected by the global minimum tax appeared first on HELPERS.
When doing business, you expect your partners to pay for your services, or provide the products you have paid for on time. However, sometimes life happens, and your company ends up with debts owed to it. Learn the techniques to mitigate risks and advance debt collection – or reduce the damage caused by irrecoverable claims. …
The post Debt collection in Hungary: the full picture appeared first on Helpers Finance.
In the 21st century, you rightly expect administration to be available online as well as in person. And it is! Hungary has customer portals operated by the government that give you access to electronic administration – both as an individual and as the manager of a Hungarian company. Learn about them with us. Electronic administration …
Client Gate and Company Gate: the customer portals for e-administration Read More »
The post Client Gate and Company Gate: the customer portals for e-administration appeared first on Company Formation.
Last updated on 28 January 2022. Because of the soaring inflation, Hungary has announced the introduction of a price cap for a handful of basic foods. The price control will be in force starting from 1 February 2022, and will remain in place for 3 months. You can find the official decree here. Price of …
The post Price cap for basic foods introduced in Hungary for three months appeared first on Helpers Finance.
January is the season for New Year’s resolutions. But can that be applied to accounting and company management? Of course it can! We have compiled a list of handy tips that can make your business life easier in 2022. Have your paperwork ready for inspection The Tax Authority may inspect your paperwork anytime. Make sure …
The post New Year’s resolutions for your Hungarian company appeared first on Helpers Finance.