Company Formation

NACE update 2025: Rev. 2.1 introduced throughout the EU

NACE, or TEÁOR in Hungarian, is a classification of economic activities that is used in Europe to make statistics about what businesses do and where their income is from. The latest NACE update came into force as of 1 January 2025, and it might mean a few additional tasks for you and your accountant.

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TEÁOR’25: latest NACE update introduced in Hungary

NACE, the classification of economic activities in the EU received an update. In Hungarian, it is referred to as TEÁOR’25. See if you need to do anything.

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Set up an EU company as a guest investor

You can become an EU resident and gain visa-free access to the EU if you set up a company in Hungary. Alternatively, if you become a Hungarian resident first, you can more easily set up a company and start trading in the EU. The Hungarian guest investor program offers an excellent opportunity for that. Business …

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Company modification tips Hungary – Address change

Company modification is the official procedure through which a lawyer helps you change the core data of your Hungarian company with the Company Registry. One of the cases you need this procedure is when there is a change to the address of any of the owners and main executives.

The post Company modification tips Hungary – Address change appeared first on Helpers Hungary.

Company modification tips Hungary – Address change

Company modification is the official procedure through which a lawyer helps you change the core data of your Hungarian company with the Company Registry. One of the cases you need this procedure is when there is a change to the address of any of the owners and main executives.

The post Company modification tips Hungary – Address change appeared first on HELPERS.

Company modification tips Hungary – Hiring an auditor

Company modification is the official procedure through which a lawyer’s help you can change the core data of your Hungarian company with the Company Registry. One of the cases when you need this procedure is when your company is hiring an auditor.

The post Company modification tips Hungary – Hiring an auditor appeared first on Helpers Hungary.

Company modification tips Hungary – Hiring an auditor

Company modification is the official procedure through which a lawyer’s help you can change the core data of your Hungarian company with the Company Registry. One of the cases when you need this procedure is when your company is hiring an auditor.

The post Company modification tips Hungary – Hiring an auditor appeared first on HELPERS.

Choose the right name for your Hungarian business

When you set up your business in Hungary, your company will need a name which clearly identifies it and which distinguishes it from competitors. A Hungarian company name must be unique, correct, and appropriate. What does that mean? Read on to find out.

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New immigration law in Hungary – Will it affect your business setup?

Hungary has introduced a new immigration law that came into force on 1 January 2024. It will not affect Hungarian company setup, which will remain available to all nationalities. However, it will affect residency applications for the managing director, the employees, and their family members.

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