Capital
The Széchenyi Card Program is government-backed loan construction to support development projects at small and medium sized businesses in Hungary. With its 5% interest rate, it is an excellent option in the current financial environment.
The post Is the loan of the Széchenyi Card Program a good option for your small business? appeared first on Helpers Finance.
Hungarian company formation is allowed for any legal person who is not specifically forbidden from doing so. But how does that work in practice? Anyone can set up a company in Hungary In Hungary, the most popular form of business is the LLC. Any legal person can set up a company who is not expressly …
Who can set up a company in Hungary? Read More »
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These days, banking is made simple through online platforms and mobile phone apps. But how exactly does money transfer work in Hungary? What is IBAN, SWIFT, and OBA?
The post Banking in Hungary appeared first on HELPERS.
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 …
The post Sberbank liquidation and OBA deposit insurance 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.
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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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.
Owning a Hungarian company has its perks. Still, you should always make sure you comply with local regulations, even when they change – like the share capital requirement from March 15 2016.
The post Company ownership in Hungary – Obligatory share capital increase appeared first on HELPERS.