Dividend

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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The essentials of corporate tax in Hungary

Are you planning to set up a Hungarian company? Then learn the basics of Hungarian taxation. Corporate tax will probably be a major part of the taxes to pay, even though in Hungary it is only 9%, lowest in the EU. Read on and get up to speed.

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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.

The post Salaries and payroll taxes in 2023, Hungary appeared first on HELPERS.

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.

The post Salaries and payroll taxes in 2023, Hungary appeared first on Helpers Hungary.

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.

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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.

The post KATA alternatives for limited partnerships: TAO, KIVA, EKHO appeared first on Helpers Finance.

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?

The post U.S. cancels double taxation treaty with Hungary appeared first on HELPERS.

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.

The post Dividend in Hungary 101: how much do you get from your company? appeared first on Helpers Finance.

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.

The post Company formation in Central Europe appeared first on HELPERS.

KIVA: a small tax for small businesses in Hungary

KIVA is a tax for small businesses in Hungary. As opposed to running an LLC and paying the “regular” taxes (9% corporate tax and various other taxes, especially on payroll), the 11% rate of KIVA includes corporate tax, social contribution tax and vocational training levy. This, combined with how the tax base is calculated, makes KIVA very favorable in certain cases. But which Hungarian enterprises can opt for this taxation structure, and when should they?

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