CFC laws in general, alongside double taxation treaties, control how and where income from foreign companies should be taxed.
Category: Business
Performing work on a standby basis in Hungary
Standby time is when your employee is ready to perform work for your company above their regular working hours. They can be on standby in any location they prefer, however,…
Accountancy from company formation
In Hungary, every company is required to have accountancy from the moment of company formation. As a result, it is worth choosing a provider that offers both assistance in incorporation…
Where to pay taxes? Tax residency in Hungary
Determining tax residency is of key importance in deciding where to pay taxes after income. Normally, a country may levy a tax on income if the individual generating it has…
Reduce Payroll Taxes in Hungary
One way to make your Hungarian company operate in a more cost-effective way is to reduce payroll taxes. Authorities let you do this if you employ workforce who has difficulties…