Checklist

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.

If you are setting up a company in Hungary, you will need a corporate bank account. Over the last few years, bank policies have changed, so bank account opening in Hungary for your company as a foreigner has various aspects you should be aware of if you want the process to be smooth and swift. …
Corporate bank account opening as a foreigner in Hungary Read More »
The post Corporate bank account opening as a foreigner in Hungary appeared first on Company Formation.

If you are coming from Ukraine to Hungary because of the war, you are eligible for temporary protection, whether you are a citizen or a resident of Ukraine. However, if you intend to stay, you might want to consider other residency options in Hungary.
The post Residency options for Ukrainians and other nationals coming from Ukraine to Hungary appeared first on HELPERS.
When you are moving your business to Hungary, you should be aware of the regulations that will apply to your employees. Working time in Hungary is strictly regulated to ensure that employees can maintain a healthy work-life balance, while employers can take advantage of their workers remaining healthy and motivated. Read our comprehensive summary to […]
The post Work-life balance and working time in Hungary appeared first on Hungarian Work Permit.

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.
When you are bringing talent to your Hungarian company from your home country, you should be aware of the most important aspects of employment as defined by the local labor law. Take a look at our quick summary of the most basic employee rights in Hungary! Hungarian Labor Code defines all aspects of employment in […]
The post Employee rights in Hungary appeared first on Hungarian Work Permit.