Dividend

Salaries and payroll taxes in 2024, Hungary

This year, the minimum wage was increased by 15%, while the guaranteed minimum salary by 10%. No changes were made to payroll taxes in 2024, but there have been some changes to the SZÉP Card.

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Preferred shares at your Hungarian company

The application of preferred shares at a Hungarian company can obscure the ultimate beneficial owner of the business. This can protect their privacy, but it decreases transparency and might attract the scrutiny of the authorities.

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Social contribution tax in Hungary: an overview

In Hungary, social contribution tax is paid on various types of income of natural persons. The tax is aimed toward supporting social institutions, such as pensions and allowances. Its rate is 13% of the tax base. Read on to get a quick summary of how it works.

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Company setup or freelancing in Hungary? Learn the pros and cons of each

Are you planning to do business in Hungary? You have several options – you just need an idea for your operation, and find the business form that suits it best. Company formation or self-employment? VAT or no VAT? Which tax regime? Let’s give you a crash course.

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Salaries and payroll taxes in 2023, Hungary

With the ca. 15% increase to minimum wages in Hungary, you must make sure that the salaries you pay your employees are still above the required minimum, and adjust salaries and labor contracts as necessary.

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Taking dividends in Hungary – what to watch out for

As the owner of a Hungarian company, you can use the profit of your company for yourself by taking dividends. Before you can do that, your company will always need a balance sheet, and in some cases, an audit as well. Read on to learn about the aspects to consider. Dividend in Hungary in a …

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KATA alternatives for limited partnerships: TAO, KIVA, EKHO

While flat-rate taxation is a cost-effective alternative for self-employed KATA orphans from September, it is not available for limited partnerships. Instead, they may consider whether TAO, KIVA and/or EKHO are suitable alternatives for their company. Limited partnerships in Hungary The limited partnership (“betéti társaság” or “BT”) in Hungary is a popular form of company for …

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U.S. cancels double taxation treaty with Hungary

On 8 July 2022, the U.S. officially notified Hungary that it was unilaterally terminating the double taxation treaty between the two countries. But what does that mean exactly, and what to expect?

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Dividend in Hungary 101: how much do you get from your company?

When you set up a Hungarian company, you probably expect to make money on it. But how much of the company’s revenue can you actually take for yourself? Learn the basics of Hungarian corporate taxes, and how to take dividend from your company. From revenue to profit The money your Hungarian company gets from sales …

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Company formation in Central Europe

Check out our new website that offers company formation in Central Europe, compare the most important factors, and make an informed decision that will suit your business the most.

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