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BUSINESS IN HUNGARY
As a booming economy in the middle of Europe, and a member of the European Union, Hungary offers great opportunities for foreign companies to invest…
MINIMUM WAGES IN HUNGARY IN 2023
The usual raise of minimum wages arrived in January. There was a dynamic raise of both minimum wages and the general wage level in Hungary…
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…
International Payroll – Successfully operating globally with minimal reputational risk
Money is a sensitive matter and managing employee salaries should always be handled with the utmost care, confidence, and punctuality. When expanding your business, international…
Our thoughts are with everyone affected by the events taking place in Ukraine.
Our thoughts are with everyone affected by the events taking place in Ukraine. 🇺🇦 We denounce the war in Ukraine started by the Russian government…
5 Important Aspects to Consider When Going Global with Your Business
Over 25 years of experience has brought us hundreds of clients along the way wanting to expand their businesses abroad. Being good or maybe even…
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%…