News
What You Need To Know About The Employment Contract
An increasing number of workers are employed by foreign employers in Hungary. In this regard, it is also worth drawing attention to the basic contractual…
Minimum Wages In 2022
In 2022, the minimum wage rose again. Official minimum wages play an important role in Hungary. Although relatively few workers actually receive this wage, many…
Changes In Additional Capital Payment
In 2022, several minor, positive amendments were made to the companies section of the Civil Code. These also affect companies’ additional capital payments. As an…
Tax Cuts On Payroll 2022
Another significant tax cut took effect in Hungary from January 2022. Employers’ wage costs continue to fall. The rate of social contribution tax is 13%…
Special Work Schedule in 2022
There is a unique tradition in Hungary related to public holidays that is ususally strange for most of the foreigners. However, it must be adhered…
3 interesting data about the hungarian economy
We are experiencing a growing interest in investment opportunities in Hungary. Many European and overseas companies are planning to set up, expand, or even relocate…
3 Special Features Of Employee Benefits in 2021
For three reasons, it is really worth using the possibilities provided by the Széchenyi Recreation Card now. The most popular benefit system is connected to…
OSS and iOSS: new VAT registrations in Hungary
This is the third part of our series on the VAT registrations in Hungary. Hungary extends the OSS regime of the European Union to all…
VAT Registration of Foreign Companies
This is the second post about VAT registration in Hungary, discussing the issues of foreign companies. Why To Register To VAT? A foreign company might…