Company Formation

Get your immediate EU VAT number

Having an EU VAT number improves trading relations with European partners quite a bit. Cross-border transactions are mostly exempt from VAT if both you and your business partner have an EU VAT number. Needless to say, this is greatly beneficial for your cash flow as well as for VAT administration.

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EU company after Brexit

It seems increasingly unlikely that the UK will get any kind of sweetheart deal from the EU after Brexit. This means that your UK company will no longer have access to the European single market, and that you as a UK national will lose the right to move freely within Europe.

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Office spaces in Budapest

Getting a place in a co-working space might make sense in the initial phase of building your company. Once your company has expanded to several full-time employees, you might want to rent an office of your own.

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The 3 requirements if you want to start a business in Hungary

Hungary is one of the best places if you want to start a business in Europe. You only need 3 things: a registered address, a bank account and an accountant.

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How does the 9% corporation tax rate affect your business?

Whether you already have a company in Hungary or you are planning to register one, understanding how the 9% corporation tax rate affect your Hungarian business is crucial for planning ahead in 2017.

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Corporation tax lowered to 9% in Hungary

The corporation tax in Hungary just got as low as 9%, making Hungary one of the best countries in Europe for setting up a company. Apart from the 9% corporation tax placing Hungary among the countries with lowest tax rates, there are other factors that make it an ideal place for setting up a company.

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9% corporate tax and new allowances in 2017 in Hungary

For the past decades, Hungary has offered the most favorable conditions for businessmen intending to set up a company in Europe. Now new regulations make it even more attractive. Read our tax alert and learn about the 9% corporate tax and more!

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What is management accounting?

Managing directors can feel sometimes that the only purpose of financial accounting is to fulfil the requirements of the Tax Authorities. However, transparent and faithful representation is useful, as it is essential for informed decision making.

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How can the Chinese New Year affect your business?

In 2017 the first day of the Chinese New Year is 28 January, initiating the year of the rooster. The Chinese have a celebration that lasts for about 20 days. Employees have seven days off from work, and business is usually resumed on the 8th day of the festival. This may have an effect on your business if you have a Chinese partner.

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Retire in Europe

Do you want to enjoy your retirement under mild climate, in a safe environment and stable economy? Retire in Europe and enjoy the good infrastructure and high culture.

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