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A work permit is usually issued for 1 or 2 years. If you want to continue working in Hungary, you will need to renew it before it expires. Learn which steps to take and what to watch out for! Work permit renewal procedure Work permit renewal takes the same time as the original work permit […]
The post Work permit renewal in Hungary appeared first on Hungarian Work Permit.
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 »
The post Who can set up a company in Hungary? appeared first on Company Formation.
If you operate a Hungarian company, you will need an accountant to take care of booking incoming and outgoing invoices, do the payroll administration of your employees, and report data to the Hungarian Tax Authority. But who can be your accountant in Hungary? Let us clear it up for you! Why do you need an …
The post Who can be my accountant in Hungary? appeared first on Helpers Finance.
In Hungary, data of any company are registered with the Company Registry, and it is the owner’s or the executive’s responsibility to keep those data up to date. Some changes can be simply reported, but changes to core data require a more complex procedure called company modification. Learn what these are, and how to handle …
Company modification in Hungary Read More »
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The end of May is an important time in the life of Hungarian companies. Yearly reports and taxes must be submitted by 31 May. Are you ready for the year-end closing? Year-end closing and annual reporting For most Hungarian companies, the fiscal year is the same as the calendar year. After the end of their …
The post Year-end closing at your Hungarian company appeared first on Helpers Finance.
hen you set up a company in Hungary, it will need a name that distinguishes it from other ventures. Learn what the compulsory elements of a company name in Hungary are, and choose the perfect name.
The post How to choose a company name in Hungary appeared first on HELPERS.
The work permit issued to third country nationals in Hungary is always tied to a specific job. Because of this, there should be an agreement between the employer and the employee before the work permit application is submitted. The agreement is preferably a labor contract (although it can also be a preliminary agreement as well). […]
The post What to include in the labor contract in Hungary appeared first on Hungarian Work Permit.
Every Hungarian company must have a local bank account, which you can only open in person. In a previous article, we explained what Hungarian banks expect from foreigners and how you can prepare for your bank appointment and the KYC procedure. This time, we focus on the arrangements that should make your bank account opening …
Bank account opening: planning your trip to Hungary Read More »
The post Bank account opening: planning your trip to Hungary appeared first on Company Formation.
Every Hungarian company is required by law to have a Hungarian corporate bank account. But how does banking work in Hungary, and which aspects should you consider to make your banking cost-effective as well as effortless? Please note: If you have a Hungarian company, its banking data are part of its official data, and they …
The post How to cut costs on corporate bank accounts in Hungary appeared first on Helpers Finance.
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.