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…
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…
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…
TAX FREE PETROL COST REIMBURSEMENT
THE TAX FREE AMOUNT OF COST REIMBURSEMENT WAS DOUBLED FROM JANUARY 2023 Employers can give this benefit to the employees who live in another city…
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…