Employment

Which work permit types are relevant to your Hungarian company?

Under the new Hungarian immigration law that came into force this year, the Hungarian work permit has been split into several categories. Which work permit types will be relevant to your Hungarian company?

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Wage supplements and overtime in Hungary

When you operate a Hungarian company, planning your budget should include planning for payroll costs. Depending on your business model, you might need to apply wage supplements from time to time, so it is worth getting familiar with them.

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Hungarian residency options for non-EU citizens under the new immigration law

As of 1 January 2024, new Hungarian residency options are available to third-country nationals living in Hungary or planning to move here.

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Exemption form work in Hungary

Labor law in Hungary is quite strict about how much time employees must be allowed to rest. They have at least 20 days of paid leave each year, and the law also defines reasons for exemption from work, when the employee still gets paid.

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New immigration law in Hungary – Will it affect your business setup?

Hungary has introduced a new immigration law that came into force on 1 January 2024. It will not affect Hungarian company setup, which will remain available to all nationalities. However, it will affect residency applications for the managing director, the employees, and their family members.

The post New immigration law in Hungary – Will it affect your business setup? appeared first on Company Formation.

Q&A about the new immigration law in Hungary 7 – Work permit

Learn about the new options available to third-country nationals who currently hold or have been planning to apply for a work permit.

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Hungarian pension tax records accessible online

As part of the electronic administration in Hungary, personal pension tax records are available for review online. With your Ügyfélkapu access, you can log in to the database of the Treasury, and see if everything is fine. Read on to learn how that works.

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What is the pink social security booklet and what does it contain?

If you are working in employment in Hungary, you have a social security booklet to your name that contains information about your insurance status. If you are working your first job, you have probably never seen it, and you will not see it until your last day at your current employer.

The post What is the pink social security booklet and what does it contain? appeared first on Hungarian Work Permit.

Summer is the season for temporary work – make sure to declare it

Whether it is because of increased turnover or employees taking their holidays, your business might be in need of temporary workers. You have various options, just make sure to declare the employment correctly to avoid fines.

The post Summer is the season for temporary work – make sure to declare it appeared first on Helpers Finance.

New residency option for guest workers in Hungary

Starting from 1 November 2023, a new residency option will become available to third country nationals coming to work in Hungary. The new “guest worker residency” promises a simplified procedure in exchange for some the curtailment of some rights, but only people working for specific employers and in specific projects will be eligible.

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