Taxation in Hungary

The problematic of taxes can be crucial in any stage of business. A favourable tax structure can spare a fortune for your business and on the other hand, the mistakes made in tax declarations could lead to serious troubles. Therefore, it is in place to be extremely careful with preparation and choice of your tax consultant. In this article we shall focus on the bedrock of each country tax-system on…

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Doing Business in Hungary – 5 Most Important Legal Facts

In its recent economic survey of Hungary, the Organization of Economic Cooperation and Development (OECD) highlights a convincing picture of the country’s economic achievement. New Civil Code in Hungary Act V. of 2013 on Civil Code (New Hungarian Civil Code) came into force on 15/03/2014, and it implemented some fundamental changes in the Hungarian private law system. The New Hungarian Civil Code is based on the most recent EU standards,…

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