Representatives of some foreign companies often contact us asking about the foundation of a company in Hungary. Last time, we had a meeting in the morning, and the next working day, we presented the documents of a limited liability company with court registration and a bank account to our partner. Of course, starting a company is not always as fast as that. It requires preparation and quick decision by the client.
Read moreNowadays, it is common for Hungarian workers to work abroad as part of an international work schedule. With the coronavirus pandemic though, many workers have returned to Hungary to work remotely. For them, it is definitely worth reviewing the taxes applicable to wages received from abroad. On one hand, they may face a taxation risk if they pay the personal income tax abroad, and the Hungarian personal income tax can be more favourable for them even than the one paid abroad.
Read moreIn the second part of our blog series, we discuss the tax benefits available in connection with the corporate income tax. We will highlight common mistakes that may involve risks during a tax audit, so that you can avoid being found to have unlawfully used a tax relief.
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