Compliance
Hungarian company formation is allowed for any legal person who is not specifically forbidden from doing so. But how does that work in practice? Anyone can set up a company in Hungary In Hungary, the most popular form of business is the LLC. Any legal person can set up a company who is not expressly …
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Currently, passport holders of more than 50 countries can enter the Schengen zone without a visa. Starting from May 2023, they will be required to apply for an ETIAS visa waiver before their trip.
The post ETIAS visa waiver goes live May 2023 appeared first on HELPERS.
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 …
The post Types of company liquidation in Hungary appeared first on Helpers Finance.
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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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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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.
The post Forwarding representative and seat provider in Hungary: What’s the difference? appeared first on HELPERS.
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 …
The post Year-end closing at your Hungarian company appeared first on Helpers Finance.
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.
The post How to choose a company name in Hungary appeared first on HELPERS.
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.
The post Trading with the UK after Brexit appeared first on Helpers Finance.
Every Hungarian company must have a local bank account, which you can only open in person. In a previous article, we explained what Hungarian banks expect from foreigners and how you can prepare for your bank appointment and the KYC procedure. This time, we focus on the arrangements that should make your bank account opening …
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