Idea

Another wave of USD devaluation on the horizon

USD is historically considered one of the most stable currencies. Investors turn to it both in good times and bad, driving up its value in both instances. This is sometimes referred to as the dollar smile – which might become crooked in the near future. In turn, this would affect the exchange rates of EUR and HUF as well.

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Online purchases in Hungary

Online purchases take a more and more of the economy in Hungary as well as around the world. Read on to get familiar with the latest statistics, and consider how these numbers relate to your business in Hungary.

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Employing third-country nationals – The basics of successful work permit application

If your business employs foreign nationals in Hungary, you have probably already faced some of the challenges that may typically come up during work permit and residency application processes. Helpers Hungary has 20 years of experience supporting companies with quick, efficient, and lawful assistance in administrative tasks.

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Cash and digital payment in Hungary

According to the latest surveys, cash remains a strong element of Hungarian economy, while digital payment methods are slowly gaining ground.

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NACE update 2025: Rev. 2.1 introduced throughout the EU

NACE, or TEÁOR in Hungarian, is a classification of economic activities that is used in Europe to make statistics about what businesses do and where their income is from. The latest NACE update came into force as of 1 January 2025, and it might mean a few additional tasks for you and your accountant.

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What is the DÁP app? New form of gateway introduced to electronic administration in Hungary

Starting from 16 January 2025, the old Ügyfélkapu system will no longer function as an access to government portals in Hungary. Instead, you should switch either to Ügyfélkapu+ or the DÁP app to access electronic administration.

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Qvik payment: New mobile payment option in Hungary

Qvik payment is free of transaction fee, which can significantly reduce the costs of sellers, while it offers customers the convenience of paying with a bank card.

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Why to employ pensioners at your Hungarian company?

Retirement age in Hungary is 65 years, after which everyone can receive pension from the state. However, people are allowed to work even if they pass that age. In fact, employing pensioners is encouraged by various tax benefits.

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Am I obligated to pay for my employee’s commute expenses?

When it comes to Hungarian labor rights, commuting means that an employee lives in a settlement different from where their workplace is located. When that happens, the employee is eligible for the reimbursement of their commute expenses.

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When in doubt, ask the Immigration Office directly

Are you worried about the new Hungarian immigration law? Are you looking for rock solid information? Not sure who to trust? You can ask the Hungarian Immigration Office directly.

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