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.
Understanding Local Business Tax (HIPA) in Hungary Read More »
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.
Global minimum tax at your Hungarian company Read More »
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.
Registered seat and delivery agent in Hungary Read More »
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.
5+1 reasons to set up a Hungarian LLC Read More »
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.
Overview of Hungary’s Tax Changes for 2025 Read More »
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.
TEÁOR’25: latest NACE update introduced in Hungary Read More »
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.
Transparent presentation of the ownership structure of your Hungarian company Read More »
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.
How to reclaim VAT at your Hungarian company Read More »
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.
Set up an EU company as a guest investor Read More »
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.
Choose the right name for your Hungarian business Read More »
