When you need a physical office, consider coworking
Are you managing a Hungarian company? Do you need a physical office? Depending on how much you intend to use it, you might be better off with options provided by a coworking space.
Company modification in Hungary
In Hungary, data of any company are registered with the Company Registry, and it is the owner’s or the executive’s responsibility to keep those data up to date. Some changes can be simply reported, but changes to core data require a more complex procedure called company modification. Learn what these are, and how to handle …
KIVA or corporate tax? Choose the tax regime best for your Hungarian company
While the 9% corporate tax in Hungary is already the most favorable option in the EU, you can further reduce what you pay in taxes with KIVA, the tax regime designed for small and medium sized companies. Let’s see if it is a good match for your Hungarian company!
Client Gate and Company Gate: the customer portals for e-administration
In the 21st century, you rightly expect administration to be available online as well as in person. And it is! Hungary has customer portals operated by the government that give you access to electronic administration – both as an individual and as the manager of a Hungarian company. Learn about them with us.
Your Hungarian company’s activity and your NACE code
When registering your Hungarian company, you should also indicate its main activity. You do not simply state what you are planning to do: there is an official list, accepted by all EU countries, and you select the item that suits your planned activity the most. Each activity has a numeric ID, which is called their …
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Foreign business in Hungary in 2021
Hungary is the ideal place if you want to set up your business in the EU. Advanced infrastructure, central location, and favorable taxation options make Hungary a friendly business environment, and many foreigners move here with their family so they can build a new life in the EU.
Why choose a virtual office as your seat address?
Using a virtual office as your seat address can save your Hungarian company a lot of time, effort, and money. You can have competent assistance from Day 1 of your operation for the fraction of the cost of an employee, and you can rest assured your official mail will always find you.
Specialized assistance in company formation: set up a transportation company in Hungary
If you are interested specifically in setting up a transportation company in Hungary, you are in the right place. We have just launched our page dedicated to the topic, with industry specific information, a couple of videos, and a profit calculator.
Hungarian and EU VAT number
Applying for a VAT number is in most cases part of the company setup procedure. In Hungary, you can apply for an EU VAT number right when you register your company, without extra costs or waiting time. But what is a VAT number for?
Company registrations in 2020: the effect of Covid
The year 2020 saw business stunted around the world due to Covid-19. Thanks to the measures of the government, most enterprises in Hungary have been able to continue their operations so far. However, the credit moratorium will most likely end in 2021, meaning that a sudden increase in company terminations cannot be ruled out. This …
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