Compliance

Mandatory discounts to fight inflation in Hungary

As another measure aiming to reduce inflation, Hungary is now introducing mandatory discounts for retail stores selling food, groceries, and the like. The first discounts under this scheme must start on 1 June 2023. Will this affect your business? Read on to find out.

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Authorization for your employees at your Hungarian business

An authorization always refers to some kind of representation. While employees represent the company they work for when they are meeting clients or serving them in a shop, that does not normally require a separate, official authorization. When they need to sign contracts or make payments on behalf of the company, however, they will need proof that they can do so.

The post Authorization for your employees at your Hungarian business appeared first on Helpers Hungary.

Authorization for your employees at your Hungarian business

An authorization always refers to some kind of representation. While employees represent the company they work for when they are meeting clients or serving them in a shop, that does not normally require a separate, official authorization. When they need to sign contracts or make payments on behalf of the company, however, they will need proof that they can do so.

The post Authorization for your employees at your Hungarian business appeared first on HELPERS.

Tax returns in Hungary in 2023

Tax returns season has come in Hungary. If you are a tax resident, you will need to file your personal income tax report by 22 May. These days it is really simple: just takes a few clicks on the online platform of the Tax Authority.

The post Tax returns in Hungary in 2023 appeared first on Helpers Finance.

When do you need a Van der Elst visa?

If you have a Hungarian company with third-country nationals working for you in Hungary, they might need a Van der Elst visa when they are posted to another EU country. Get a quick overview of how that works.

The post When do you need a Van der Elst visa? appeared first on Helpers Hungary.

When do you need a Van der Elst visa?

If you have a Hungarian company with third-country nationals working for you in Hungary, they might need a Van der Elst visa when they are posted to another EU country. Get a quick overview of how that works.

The post When do you need a Van der Elst visa? appeared first on HELPERS.

Tax audit and compliance audit in Hungary: what is the difference?

An audit is a procedure where the books of your Hungarian company are closely examined to reveal possible mistakes. Beside voluntary audits done by independent contractors, the Tax Authority can also conduct audits, so make sure your books are in order.

The post Tax audit and compliance audit in Hungary: what is the difference? appeared first on Helpers Finance.

Company modification in Hungary

Are you running a Hungarian company? Then you must make sure that its data are always up to date in public databases. Depending on which data you are changing, update can be done simply by your accountant or with the help of a lawyer through “company modification”.

The post Company modification in Hungary appeared first on HELPERS.

What does an accountant do at a Hungarian company?

The post What does an accountant do at a Hungarian company? appeared first on Company Formation.