Countries with low taxes can be a goldmine for investors and entrepreneurs. By offering reduced tax burdens, these nations create attractive environments for businesses to thrive and individuals to grow…
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…
The Schengen Area is a group of 29 European countries that have abolished passport controls at their mutual borders, enabling seamless travel across much of the continent. This agreement allows…
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…