Compliance

Types of company liquidation in Hungary

Sooner or later, the life cycle of every company comes to an end. It may happen for several reasons: the owner might just want to move on to other, more profitable ventures, or even to retirement, or a market change might be causing the business to become less profitable or downright generate losses. In either …

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Who can be my accountant in Hungary?

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 …

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Company modification in Hungary

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 …

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Forwarding representative and seat provider in Hungary: What’s the difference?

The registered seat service is relevant for companies. It is most like a rental service, where a provider offers your Hungarian company an address it can use as its own. The forwarding representative is relevant for the persons owning and operating the company.

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Year-end closing at your Hungarian company

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 …

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How to choose a company name in Hungary

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.

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Trading with the UK after Brexit

Since the UK has left both the European Union and the Customs Union, the UK is now officially a third country. In line with this, trading regulations has changed radically after Brexit. Read our quick guide to get up to date.

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Client Gate and Company Gate: the customer portals for e-administration

In the 21st century, you rightly expect administration to be available online as well as in person. And it is! Hungary has customer portals operated by the government that give you access to electronic administration – both as an individual and as the manager of a Hungarian company. Learn about them with us. Electronic administration …

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