Covid

The share of foreign-owned companies on the Hungarian market

The Hungarian Central Statistical Office publishes reports regularly about various topics, including the developments in Hungarian economy. Read a short summary of the latest reports to see how foreign-owned companies are doing in Hungary, and that Hungary has room for your business too.

The post The share of foreign-owned companies on the Hungarian market appeared first on Company Formation.

No more Hungarian immunity cards from March 2023

After pandemic related restrictions have been phased out (and have not been reintroduced over some time), the Hungarian government has determined that there is no more need for immunity cards, so they will not print any more of them.

The post No more Hungarian immunity cards from March 2023 appeared first on HELPERS.

Price caps staying in Hungary until 1 July 2022

For the last few months, price caps have been in force in Hungary for fuels and some basic grocery items. While originally they were supposed to be expire in May 2022, the price caps were extended until 1 July 2022. Get an overview of the current situation, and see how it affects your Hungarian company. …

The post Price caps staying in Hungary until 1 July 2022 appeared first on Helpers Finance.

Impending global stagflation and its effects on your business

Stagflation is when economic growth slows down while inflation continues to increase. Developments of the last few years, most prominently the COVID pandemic and the war in Ukraine are making stagflation an increasing possibility. What do projections say, and how can you best prepare your Hungarian business? Factors leading towards stagflation The coronavirus pandemic that …

The post Impending global stagflation and its effects on your business appeared first on Helpers Finance.

The crypto landscape in times of war

Cryptocurrencies are stateless, decentralized, anonymous digital currencies, which have often been viewed as a kind of doomsday insurance. They were supposed to be resilient to the fluctuations of the real world, but they have not exactly delivered on that promise as the new dominant international asset. Currency volatility in the crypto landscape The lack of …

The post The crypto landscape in times of war appeared first on Helpers Finance.

March updates on pandemic related regulations in Hungary

As the fifth wave of the ongoing coronavirus pandemic seems to be passing, restrictions are again relaxed starting from next week. Most importantly, wearing a mask will be no longer required, while employers’ right to demand vaccination is being revoked.

The post March updates on pandemic related regulations in Hungary appeared first on HELPERS.

Changes to taxation in Hungary in 2022

We have already written about most changes to taxation in Hungary 2022 – most of which are tied to the ongoing pandemic and the government’s efforts to increase the purchase power of salaries while also creating a more favorable business environment for companies. Now see a summary of the changes, with links to the more …

The post Changes to taxation in Hungary in 2022 appeared first on Helpers Finance.

Price cap for basic foods introduced in Hungary for three months

Last updated on 28 January 2022. Because of the soaring inflation, Hungary has announced the introduction of a price cap for a handful of basic foods. The price control will be in force starting from 1 February 2022, and will remain in place for 3 months. You can find the official decree here. Price of …

The post Price cap for basic foods introduced in Hungary for three months appeared first on Helpers Finance.

January updates on pandemic related regulations in Hungary

With the 4th wave of the coronavirus pandemic on us, pandemic related measures have just been updated in Hungary. The concept of the immunity certificate gets revised, and a vaccination campaign is organized.

The post January updates on pandemic related regulations in Hungary appeared first on HELPERS.

Validity of expiring documents in Hungary during the state of emergency

Residency documents expired after 4 November 2020 or expiring until 28 February 2022 are accepted as valid in Hungary until 30 June 2022. Documents expiring from 1 March are not automatically extended.

The post Validity of expiring documents in Hungary during the state of emergency appeared first on HELPERS.