Business
KIVA is short for Small Business Tax in Hungarian (“Kisvállalati Adó”). It is a tax construction that can be chosen by small businesses if they fulfil certain conditions. Let’s see how KIVA changes in 2017.
The post How does the Hungarian Small Business Tax (“KIVA”) change in 2017? appeared first on HELPERS.
Value Added Tax, or VAT in Hungary is a consumption based tax, which is regularly added to the net price of products sold. If you have a company and you can reclaim VAT, its sum will matter to you. So let’s see the changes to VAT in Hungary in 2017.
The post How does VAT in Hungary change in 2017? appeared first on HELPERS.
Hungarian taxation rules are quite strict. If you run a Hungarian company, you need an accountant who is knows the latest updates to regulations and all declaration process changes.
The post What are the changes to the tax declaration process in 2017? appeared first on HELPERS.
Personal income tax in Hungary is currently 15%. It is deducted from the gross salary of employees, who get only their net salary. It is the employer who transfers taxes and contributions to the authorities. This will not change in 2017 – let’s see what will!
The post How do Hungarian personal income tax and social contributions change in 2017? appeared first on HELPERS.
If you want to set-up a company in the EU, Hungary has been the best choice for a long time. Now running a business in Hungary will become even more economical thanks to new legislation on 9% corporate tax from 2017.
The post 9% corporate tax to make running a business in Hungary even more economical appeared first on HELPERS.
For UK citizens living or doing business abroad, Brexit is likely to have a host of negative consequences. Hungary, boasting the lowest corporate tax in Europe, has long been an attractive country for UK investors. Since the country is a permanent member of EU and the Schengen area, with no intention to leave, as a UK investor, you can combine all its advantages
The post How do I keep my European residence after Brexit? appeared first on HELPERS.
Hungary has a long-standing cafe-culture, but while this used to be an afternoon or evening pastime, expats and young Hungarian professionals have created a trend to have breakfast or brunch at their favorite cafe.
The post Should I open a cafe in Budapest? appeared first on HELPERS.
A great number of apartments in prime downtown locations have not been renovated for years or sometimes decades. Thus, you can buy an apartment for renovation; then renting or reselling it guarantees a great return on your investment.
The post Buy an apartment for renovation in Budapest appeared first on HELPERS.
Since more and more tourists prefer to rent an apartment rather than staying at hotels, buying a small apartment to be converted into a vacation rental is an excellent investment opportunity in Hungary.
The post Buying a vacation rental in Hungary appeared first on HELPERS.
It goes without saying that different countries have different cultural norms and different ways of interacting, but finding a foreign business partner that speaks the same language we do can trick us into thinking that we understand each other perfectly. Which might not always be the case.
The post Intercultural communication and business strategy appeared first on HELPERS.