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Rules of issuing invoices in Hungary
Invoices in Hungary Invoices in Hungary must comply with some rules that you must be aware in case you wish to keep your Hungarian company compliant. If you are planning to start a business in Hungary, or you already have formed a company and started the activity you...
Company formation in Hungary – low corporate tax
Company formation in Hungary, low corporate tax, only 9% If you want to open a new business in Europe, Hungary is the best choice. The favorable economic environment, and low corporate tax (it is only 9%) provide an excellent business opportunity. The establishment...
Tax-fee quality hungarian wines as business gift
If you have a company in Hungary, you must know how to give quality Hungarian wined TAX FREE as business gift for your business partners. Christmas is approaching, intention of giving gifts to clients, and if you plan to give Christmas presents for your clients and...
Simplified voluntary liquidation IN HUNGARY
In the life of a company, it may happen that the owners decide to terminate the company, either for internal reasons or for external reasons. If the decision is to terminate the company without a legal successor and the company is not insolvent, there is room for...
Tax changes in Hungary from 2022
Tax changes in Hungary from 2022 As of 1st January 2022, there are some tax changes that apply to employee and employer. The amount of the minimum wage and the guaranteed minimum wage will be raised from 1 January 2022. The gross...
Taxation of sales of products – VAT
There are different rules in the VAT Act for the provision of services and separately for the sales of products. If you do business in Hungary, you should be aware of this. What are product sales? Product sales are when we acquire a tangible product, good,...