Do you own, manage or do business with multiple SMEs in Hungary? They may be considered affiliated undertakings, which can affect taxation depending on the circumstances. The regulation seems complex,…
Category: Business
Company modification in Hungary
Whenever the basic data of your Hungarian company are changed, the new data must be registered officially, so all those interested can access up-to-date information in the company registry.
Economic relief measures in Hungary due to the coronavirus pandemic
Learn about the set of economic relief measures that intend to alleviate the economic burdens of companies and self-employed persons operating in the sectors most affected by the coronavirus pandemic…
KIVA, the small business tax in Hungary
KIVA, or the small business tax benefits companies in the service industry in Hungary. It is best for companies selling their expertise instead of goods.
VAT deduction in Hungary
When you are buying goods or services in Hungary, their price will most probably contain VAT. However, this VAT may be deducted from the VAT your own company is paying…
Controlled Foreign Corporation or CFC laws in Hungary
CFC laws in general, alongside double taxation treaties, control how and where income from foreign companies should be taxed.