Company Formation
Hungary is an ideal place for setting up your telecom company. It is a hotbed of engineering expertise, boasts great providers, an advanced infrastructure, and very affordable business and living costs.
The post Where to set up a telecom company in the EU appeared first on HELPERS.
Several international corporations choose Hungary to set up a subsidiary in Europe, giants like IBM or Microsoft among them. The most attractive features of the country are low taxes, affordable operation costs, a central location in the EU and full Schengen access.
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In many European countries, buying an already established company is the best and fastest way to start business. In Hungary, however, it is fast and easy to incorporate your own company. This makes founding your own company a better solution than finding an already existing business for sale in Hungary.
The post How do I find a business for sale in Hungary? appeared first on HELPERS.
Hungary has a special place on the European job market, because thanks to its top-quality universities and relatively low living costs it provides affordable, quality workforce to your new European company.
The post Hungary on the European job market – Find affordable, quality workforce appeared first on HELPERS.
The banking system of Hungary is much more up to date than in many countries in Western Europe. You can open accounts in all major currencies including EUR, GBP and USD. It is advisable to also have a HUF account to pay taxes and contributions from. Exchanging currencies between your own accounts is affordable and available via internet banking.
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Tourism in Hungary is one of the most important and fastest growing industries, amounting to 1558 billion HUF in 2016. In 2015, 15.6 million tourists have visited the country, in 2016 it was 16.8 million. One of the simplest ways to profit from this industry is buying an apartment to use as a vacation rental.
The post How to easily profit from tourism in Hungary appeared first on HELPERS.
If you are an international businessman looking to extend your business to Europe, forming a Hungarian company might be one of the best solutions. By setting up your European base in Hungary, you can enjoy the lowest corporate tax rate, a Schengen visa, an immediate VAT number, low business costs.
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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.
The post Get your immediate EU VAT number appeared first on HELPERS.
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.
The post EU company after Brexit appeared first on HELPERS.
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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