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…
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…
Tax and company registration numbers are unique codes that allow you to identify companies quickly and effortlessly. Understanding their exact meaning, where to find them, and how to use them…
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.…
Setting up a company in Hungary offers numerous benefits, including low corporate tax, reduced labor expenses, and a central European location. However, navigating the legal complexities can be challenging. Our…
Many people are considering obtaining a second citizenship (or dual citizenship) in 2024. Being a citizen of two countries gives people the freedom to live, work, and own property in…
Hungary is known for its ancient historical sites and distinctive culture. However, in 2024, investors and expats are drawn to the country because of its growing economy. Those considering a…
After another year of price increases, global inflation will stabilize in 2024. This is according to forecasts by several leading financial institutions. This welcome news brings relief to consumers…
Budapest, a vibrant European metropolis with its unique cultural heritage and fascinating history, is well-known for having top-notch universities, excellent transportation systems, reasonable living costs, and a fast-growing real estate…
Global economic changes continue to affect export markets. This presents both challenges and opportunities for several countries, including Hungary. In 2024, despite several challenges, the country’s export market is still resilient. It also shows…