Starting from September, many current KATA subjects are losing eligibility for this tax regime. If “KATA orphans” want to continue doing business as self-employed in Hungary, they must choose another…
Tag: Local Business Tax
Dividend in Hungary 101: how much do you get from your company?
When you set up a Hungarian company, you probably expect to make money on it. But how much of the company’s revenue can you actually take for yourself? Learn the…
Year-end closing at your Hungarian company
The end of May is an important time in the life of Hungarian companies. Yearly reports and taxes must be submitted by 31 May. Are you ready for the year-end…
Changes to taxation in Hungary in 2022
We have already written about most changes to taxation in Hungary 2022 – most of which are tied to the ongoing pandemic and the government’s efforts to increase the purchase…
Local business tax: how much do you need to pay?
At 9%, Hungarian corporate tax is one of the lowest in the European Union. However, depending on its registered seat, your Hungarian company will very likely to pay local business…
KIVA: a small tax for small businesses in Hungary
KIVA is a tax for small businesses in Hungary. As opposed to running an LLC and paying the “regular” taxes (9% corporate tax and various other taxes, especially on payroll),…