News
Business Entities in Hungary: Subsidiary vs. Branch – Which Is Best for Your Company?
Hungary offers a business-friendly environment with the lowest corporate tax in the EU (9%) and strategic access to European markets. If you plan to expand,…
Christmas Bonuses: A Leinonen Guide for Foreign-owned Businesses in Hungary
Christmas bonuses can elevate morale, increase productivity, and boost employee retention by helping your team feel truly valued. Getting informed on the impact of Christmas…
Common VAT Mistakes in Hungary in 2024 (and how to Avoid Them)
Value added tax (VAT) is a tax that applies to most products and services bought and sold in the European Union (EU). While standard rules…
New fining rules for all companies
The Hungarian government has issued a new decree doubling the fines that the tax authority (NAV) can impose. The decree was introduced in reference to…
Cross-border Payroll in Hungary
We receive more and more inquiries from foreign companies regarding the various possibilities of employment in Hungary. It is also common for a foreign worker…
New minimum wages, this time from December
Each year, the stakeholders agree on the minimum wage and guaranteed minimum wage valid for the following year. The agreement between employers and employees is…
Online Administration in Hungary
The digitalisation of everyday life and official administration is on the agenda in Hungary for over a decade. The basis of the project is the…
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…