Hungary presents excellent chances for international businesses for investing there with its growing economy in the center of Europe. Despite the fact that the country has the status of European Union membership, Hungary has a minimum rate of corporation tax…
What features about doing business in Hungary you should know? Like the major part of the nations in Central and Eastern Europe, Hungary has rather effective systems in place to draw in money, including international investors. Additionally, it is a…
The approximate thing before buying or creating a company in Hungary is knowledge and awareness about all aspects of doing business there. A businessman should be aware of laws, taxation, employment, problems and how they can be solved. One of…
The state of Hungary has rejected an EU decree that would have required a 15% minimum tax rate on international firms, claiming that the tax would damage Europe’s competitiveness and jeopardise workers. So, now the corporate income tax rate in…
Company is incorporated in Hungary: • ready-made company in Budapest, Hunagry; • year of company incorporation: 2019; • three bank accounts in dollars, euros and forints, opened in OCP bank in January 2020; • the company didn’t conduct any activities;…