Registered seat and delivery agent in Hungary
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.
5+1 reasons to set up a Hungarian LLC
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.
Overview of Hungary’s Tax Changes for 2025
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.
TEÁOR’25: latest NACE update introduced in Hungary
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.
Transparent presentation of the ownership structure of your Hungarian company
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.
How to reclaim VAT at your Hungarian company
Your Hungarian company will most likely be a VAT subject, which means you will have to add VAT, or Value Added Tax to your sales. You will also be paying VAT on your purchases, but you will be able to reclaim VAT later.
Set up an EU company as a guest investor
You can become an EU resident and gain visa-free access to the EU if you set up a company in Hungary. Alternatively, if you become a Hungarian resident first, you can more easily set up a company and start trading in the EU. The Hungarian guest investor program offers an excellent opportunity for that.
Choose the right name for your Hungarian business
When you set up your business in Hungary, your company will need a name which clearly identifies it and which distinguishes it from competitors. A Hungarian company name must be unique, correct, and appropriate. What does that mean? Read on to find out.
New immigration law in Hungary – Will it affect your business setup?
Hungary has introduced a new immigration law that came into force on 1 January 2024. It will not affect Hungarian company setup, which will remain available to all nationalities. However, it will affect residency applications for the managing director, the employees, and their family members.
Budget for the payroll costs at your Hungarian company
Before you make your first hire at your Hungarian company, consider the payroll costs you will incur through their employment. Read on to learn about minimum wages, payroll taxes, and company costs.