Checklist

Regular naturalization in Hungary

Naturalization is the official term for obtaining citizenship. The more ties you have to Hungary, the sooner and easier you can become a citizen. However, eventually you become eligible even if your only tie is living here; that is when we talk about regular naturalization.

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Salaries and payroll taxes in 2023, Hungary

With the ca. 15% increase to minimum wages in Hungary, you must make sure that the salaries you pay your employees are still above the required minimum, and adjust salaries and labor contracts as necessary.

The post Salaries and payroll taxes in 2023, Hungary appeared first on HELPERS.

5 questions to ask yourself before you make your first hire at your Hungarian company

If you operate a company in Hungary, sooner or later you might need to make hires. Your employees can perform tasks essential to growing your business. To optimize your operation, make sure you keep in mind these 5 things before you make your first hire. 1. What do you need the employee for? You do …

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The post 5 questions to ask yourself before you make your first hire at your Hungarian company appeared first on Company Formation.

Taking dividends in Hungary – what to watch out for

As the owner of a Hungarian company, you can use the profit of your company for yourself by taking dividends. Before you can do that, your company will always need a balance sheet, and in some cases, an audit as well. Read on to learn about the aspects to consider. Dividend in Hungary in a …

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Company modification in Hungary

Are you running a Hungarian company? Then you must make sure that its data are always up to date in public databases. Depending on which data you are changing, update can be done simply by your accountant or with the help of a lawyer through “company modification”.

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What does an accountant do at a Hungarian company?

The post What does an accountant do at a Hungarian company? appeared first on Company Formation.

Checklist for KATA orphans and KATA 2.0 subjects in September

If you were a KATA subject, you probably had to make some tough decisions over the last month or so. As 1 September, the great watershed is here, let’s have an overview of things to take care of when switching to KATA 2.0 or choosing another tax regime. Which way next? KATA was available to …

The post Checklist for KATA orphans and KATA 2.0 subjects in September appeared first on Helpers Finance.

Property purchase in Hungary as a foreigner

If you are not a citizen of Hungary, you might need a property purchase license before you can finalize the deal – your lawyer can take care of it. After purchase, you will be required to pay property tax, which is normally 4% of the purchase price.

The post Property purchase in Hungary as a foreigner appeared first on HELPERS.