Being your own boss in Hungary comes with a lot of freedom — but also a few tax rules you need to keep in mind. Whether you’re a seasoned entrepreneur or just starting out, understanding how much you need to earn, what taxes you have to pay, and whic...
Useful guide for Individual Entrepreneurs in 2025. Starting or managing a business in Hungary comes with many decisions, and one of the most crucial is choosing the right taxation system. For sole entrepreneurs, the General Rate Taxation (GTR) system...
If you are planning to get a resident permit in Hungary based on self-employed, the KATA taxation system may be an attractive option. This simplified tax regime is designed for small businesses and individual entrepreneurs, offering predictable tax r...
In December 2023, the Hungarian government published a new law promising the possibility of obtaining a residence permit through investments in real estate. For an entire year, we anticipated that the law would come into effect on January 1, 2025, as...
Opening of a bank account in Hungary has nowadays become a challenge not only for citizens of Russia, Ukraine, and Belarus. The reason for a bank's refusal to open an account may include the applicant's place of birth, even for citizens holding a Eur...
Good news for Russian and Belorussian citizens – according to new decree, Hungary has eliminated the need to obtain a working permit when applying for a national card. The National Card (nemzeti kártya) is a new type of residence permit that is give...
On December 12, 2023, the Hungarian Parliament adopted amendments to the Law on General Rules for the Entry and Residence of Third-Country Nationals from 2007. The new law is limiting the rights of non-EU citizens who wish to come to the country for...
Many citizens, who previously lived on the territory of Ukraine and Russia found themselves in forced emigration in 2022, and had to make a decision to move, based on the principle of accessibility of a particular country. The main questions that peo...
Hungary is a small, cozy country located in the Eastern Europe, a former member of the Warsaw Pact and a former empire. It is precisely because of the general historical context that citizens of so many different cultures can easily feel at home here...
In January 2022, the Hungarian National Immigration Office for aliens policing, having learnt the lessons of the pandemic, presented a new type of residence permit for online businesses. To keep up with the COVID realities the newly named “White card...
The procedure for obtaining the status of an individual entrepreneur for citizens of third countries has become more complicated in connection with the amendments to the law on income tax CXXVII. from 2007. Since July 14, 2020 businessmen have the ob...