Everything You Need to Know About Trust Management
Trust management is a vital tool that you can use to preserve and distribute wealth. You can also use it to keep your valuable assets safe and provide financial security…
Author: Robert
A Guide for Expatriates Relocating to Hungary
Hungary is becoming an increasingly popular destination for expatriates drawn by the country’s culture and architecture. Whether you want to move to Hungary for work, study, or retirement, this…
What Is Venture Capital and How Can It Help Your Business?
Venture capital (VC) is financing for start-ups and small businesses with great long-term growth potential. It is similar to private equity and is usually provided by large institutions like investment…
The Role of Trustees in Hungarian Law
In Hungary, trustees are individuals or organizations that manage another person’s money or property for the benefit of beneficiaries. Trustees manage assets while planning for the future. They also…
How CFCs Impact International Tax Planning
The global economy relies on businesses expanding across borders, which results in more complex tax planning. For instance, controlled foreign corporations (CFCs) significantly impact international tax planning. Those involved in…
An Overview of Hungary’s AML Regulations in the Fight Against Money Laundering
Hungary is constantly improving its AML (anti-money laundering) laws and regulations to ensure that its status as a compliant member state is not compromised. As such, the country complies with…
Making Compound Interest Work for You
Compound interest is a rather simple concept in theory. It refers to reinvesting the interest earned on a positive balance in a savings or investment account to earn more…
Why Hungary Is Not the Offshore Tax Haven You Think It Is
Hungary, one of many Central European countries, is often mistakenly believed to be an offshore tax haven. This perception seemingly stems from Hungary’s lower corporate tax rate (9%) compared…
Are You Non-Domiciled? How To Determine Your Domicile Status
Since the news broke that British Prime Minister Rishi Sunak’s wife is non-domiciled (UK), the topic has been discussed and written about almost nonstop. But what does ‘non-dom’ status mean…
Protect Your Legacy By Minimizing Your Hungary Inheritance Tax Now
Protecting your loved ones’ financial future is the most important part of estate planning. However, in Hungary, inheritance tax can take a large chunk of the inheritance you leave behind.…