Liquidation
Nothing lasts forever, not even business. When the life cycle of a business comes to an end, the labor contracts of employees are automatically terminated, and employees will be eligible for compensation same as if the employer ended the contracts. But what happens to foreign employees in Hungary? Can they stay or do they have to leave? What options do they have? Read on to find out.
The post What happens to foreign employees when a Hungarian business closes? appeared first on Hungarian Work Permit.
Taxes in Hungary get updated regularly to reflect changes in economy. The Parliament has recently approved the latest tax package of 11 updates for 2026 and beyond. Read on to learn what the latest tax changes are and how they will affect your Hungarian business.
The post Tax changes relevant to your Hungarian business in 2026 appeared first on Helpers Finance.
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.
Sooner or later, the life cycle of every company comes to an end. It may happen for several reasons: the owner might just want to move on to other, more profitable ventures, or even to retirement, or a market change might be causing the business to become less profitable or downright generate losses. In either case, at one point the time will come to cut losses, tie up loose ends, and liquidate the company.
The post Types of company liquidation in Hungary appeared first on Helpers Finance.