Should you start a company or a freelancing business in Hungary?
Are you planning to start a business in Hungary? You have various forms of business to choose from. Consider what kind of activity you intend to perform, and choose accordingly.
Are you planning to start a business in Hungary? You have various forms of business to choose from. Consider what kind of activity you intend to perform, and choose accordingly.
Accountancy and payroll services are similar in the sense that both are related to finances at your Hungarian company. Sometimes both services are provided by the same provider too. However, they are distinct functions, requiring special expertise.
Summer is here, and air-conditioners are running in most workplaces. The temperature in the office doesn’t just affect comfort – it also impacts your employees’ health and productivity. That’s why there are rules in place to make sure workplace temperatures stay safe and appropriate.
Hungary has the lowest corporate tax rate in the EU at just 9%. But business owners should also be aware of another tax: the local business tax, or HIPA (short for “Helyi Iparűzési Adó” in Hungarian). This tax can be up to 2% of your net income and is charged based on where your business operates.
Hungary is a safe haven concerning the global minimum tax. Standard corporate tax remains 9% for small and medium sized companies, while the 15% global minimum tax only affects international corporations with a yearly revenue above EUR 750 million. Read on to learn what this means for your Hungarian business.
If the registered seat of your Hungarian business is with a seat provider, there is a chance they are also acting as a delivery agent for you. Learn what the difference is and what to expect from each.
Moving your business to Hungary? Whether you are setting up a subsidiary to your existing business or a completely new venture, the Limited Liability company (or LLC for short) is an excellent option for starting your operation in Hungary and the EU.
Operating a company in Hungary? Then take a quick look at our streamlined guide of key updates to taxes in 2025. If you see something that might be relevant to your business operation, contact your accountant to discuss how to proceed.
NACE, the classification of economic activities in the EU received an update. In Hungarian, it is referred to as TEÁOR’25. See if you need to do anything.
Transparency is a key value in the European Union. When you set up your Hungarian company and want to register for mandatory services, you are expected to present the ownership structure of the company in a transparent way.