Immigration

How does the 9% corporation tax rate affect your business?

Whether you already have a company in Hungary or you are planning to register one, understanding how the 9% corporation tax rate affect your Hungarian business is crucial for planning ahead in 2017.

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9% corporate tax and new allowances in 2017 in Hungary

For the past decades, Hungary has offered the most favorable conditions for businessmen intending to set up a company in Europe. Now new regulations make it even more attractive. Read our tax alert and learn about the 9% corporate tax and more!

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Invest in Hungary and get your European passport now!

The Hungarian Investment Immigration program is up until the end of March, 2017. Apply now, or check out the other options available for investors who want to immigrate to Europe and start business here.

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What is management accounting?

Managing directors can feel sometimes that the only purpose of financial accounting is to fulfil the requirements of the Tax Authorities. However, transparent and faithful representation is useful, as it is essential for informed decision making.

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Hungarian Residency Bond Program suspended from April 2017

According to a statement released by the Government Debt Management Agency, the issuing of the Hungarian Residency Bonds will soon be placed on moratorium. Consequently, the Hungarian Immigration Office will only accept Residency Bond applications submitted before March 31st, 2017.

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How can the Chinese New Year affect your business?

In 2017 the first day of the Chinese New Year is 28 January, initiating the year of the rooster. The Chinese have a celebration that lasts for about 20 days. Employees have seven days off from work, and business is usually resumed on the 8th day of the festival. This may have an effect on your business if you have a Chinese partner.

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Retire in Europe

Do you want to enjoy your retirement under mild climate, in a safe environment and stable economy? Retire in Europe and enjoy the good infrastructure and high culture.

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How does the Hungarian Small Business Tax (“KIVA”) change in 2017?

KIVA is short for Small Business Tax in Hungarian (“Kisvállalati Adó”). It is a tax construction that can be chosen by small businesses if they fulfil certain conditions. Let’s see how KIVA changes in 2017.

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How does VAT in Hungary change in 2017?

Value Added Tax, or VAT in Hungary is a consumption based tax, which is regularly added to the net price of products sold. If you have a company and you can reclaim VAT, its sum will matter to you. So let’s see the changes to VAT in Hungary in 2017.

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What are the changes to the tax declaration process in 2017?

Hungarian taxation rules are quite strict. If you run a Hungarian company, you need an accountant who is knows the latest updates to regulations and all declaration process changes.

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