The first 30 days of the state of emergency will expire soon. Since we are not over the hardest period of the pandemic yet, the government extended the special regulations with another 30 days, until 11 January 2021.
The restrictions detailed here remain in force unchanged. The night curfew from 8 pm until 5 am also applies for New Year’s Eve, no parties allowed. The only exception might be Christmas Eve to allow family gatherings, but it will only be decided on 21 December.
Hungary applies a single flat corporate income tax (CIT) rate of 9%, the lowest standard rate anywhere in the European Union. The rate has stood…
Proper planning is key to every successful business activity. While certain payroll schemes are similar across markets, labour costs and taxation are unique to each…
Value added tax (VAT) applies to most goods and services bought and sold across the European Union. While the EU sets standard rules, each member…
