Stagflation is when economic growth slows down while inflation continues to increase. Developments of the last few years, most prominently the COVID pandemic and the war in Ukraine are making…
Tag: Business Planning
How to cut costs on corporate bank accounts in Hungary
Every Hungarian company is required by law to have a Hungarian corporate bank account. But how does banking work in Hungary, and which aspects should you consider to make your…
Safe investment when war is coming your way
When you have funds in excess, it is usually best not to just let them lie around in your pocket or on a bank account, but to make some kind…
Price cap for basic foods introduced in Hungary for three months
Last updated on 30 June 2023. Because of the soaring inflation, Hungary has announced the introduction of a price cap for a handful of basic foods. The price control will…
Explore the new small business tax calculator
Every newly registered company in Hungary must choose a tax regime. Is the regular corporate tax or KIVA more beneficial for your company? Check out our new small business tax…
Subsidiaries and other forms of business in Hungary
A foreigner looking to start a company in Hungary can be perplexed by the many forms of business offered by the country. The most popular one is undoubtedly the Ltd…