Investment

Tax benefits for government securities in Hungary

When you have income from interests, normally you pay personal income tax and social security contribution on those. However, if you invest in Hungarian government securities, you may not be required to pay either of those.

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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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Foreign-owned companies in Hungary in numbers

Foreign-owned companies have been contributing massively to Hungarian economy over the last fifteen years. Get an overview of what this means in numbers, and consider how your business might fit a niche on the Hungarian market.

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U.S.-Hungarian double taxation treaty stays canceled

Last week the Hungarian Tax Authority has published a notice about the effects of the cancellation of the U.S.-Hungarian double taxation treaty. This marks an end to hopes that the treaty might be reinstated or a new treaty might be introduced.

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Is the loan of the Széchenyi Card Program a good option for your small business?

The Széchenyi Card Program is government-backed loan construction to support development projects at small and medium sized businesses in Hungary. With its 5% interest rate, it is an excellent option in the current financial environment.

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How long will the MNB keep up the tight monetary policy in 2023?

Last week the Hungarian National Bank (MNB) held a press conference about economic expectations in Q1 2023 and the measures it is taking to counter inflation and moderate foreign exchange rates. They are continuing the implementation of a tight monetary policy until more encouraging economic trends are detected.

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FTX bankruptcy and effects on crypto trading around the world

FTX is one of the largest international platforms for crypto trading – at least it was until recently. After a scandal related to loans provided to Alameda research, FTX filed for bankruptcy early November 2022, which had far rippling effects throughout the cryptocurrency landscape. Read on to get a quick overview of the events. From …

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Interest rate cap in Hungary steers investment toward government bonds

At the end of November 2022, an interest rate cap was introduced on Hungarian deposits above HUF 20 million in order to redirect investment toward government bonds. This is one of the measures in a balancing act of keeping HUF exchange rates relatively low. Since the new regulation does not affect foreign investment, it will …

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Taxes on long-term investment in Hungary

Are you looking for long-term investment options in Hungary? Bank deposits, government securities, and stocks are among the most popular options. Whichever you choose, you will be required to pay taxes on your interests. Learn how you can decrease taxes, and what to watch out for when working with banks and brokerage companies. Investment as …

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Stay on top of the October economic trends and investment options in Hungary

How to make the most of your money is never an easy question. Especially under the current, unprecedented circumstances, among a pandemic, war, and increasing energy costs, it is increasingly difficult to make the right investment decisions. Read on to get an overview of the most prominent economic trends in Hungary in October 2022. Inflation …

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