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Hungary Business, Taxation and Offshore Information

Hungary is a landlocked country in central Europe. It has an area of 93,028 km2 and borders on seven other countries. The population is estimated to be 9.7 million and the official language is Hungarian. The current president is János Áder, who has been in office since 10 May 2012.

In the aftermath of the global financial crisis, unemployment rose to almost 12%, however, it has been falling since 2012 and was at a very respectable 3.5% in August 2019.  The service sector employs 64.4% of the population, followed by industry 30.9% and agriculture 4.7%. The currency is the Hungarian forint (HUF). More »


 

Hungary Knowledge Base

Hungary: Country and Foreign Investment
A quick overview of Hungary - its history, geography, and business advantages.
Hungary Executive Summary »
Hungary Geography »
Hungary History, Population, Language and Culture »
Hungary Government »
Hungary Economy and Currency »
Hungary Entry and Residence »
Hungary Business Environment »
Budapest Stock Exchange (BSE) »
Hungary Investment Incentives »

Hungary: Types of Company
A look at various types of company in Hungary, providing options to suit different business needs.
Hungary Company Introduction »
Hungary Public Company Limited by Shares (NYRT) »
Hungary Private Company Limited by Shares (ZRT) »
Hungary Limited Liability Company (KFT) »
Hungary General Partnership (KKT) »
Hungary Limited Partnership (BT) »

Hungary: Domestic Corporate Taxation
A guide detailing the scope and rate of taxes affecting companies in Hungary.
Hungary Scope of Income Tax »
Hungary Income Tax Rates »
Hungary Calculation of Taxable Base »
Hungary Filing Requirements and Payment of Tax »
Hungary Withholding Taxes »
Hungary Value Added Tax »
Hungary Local Taxes »

Hungary: Personal Taxation
An overview of applicable taxes for individuals in Hungary.
Hungary Rates of Income Tax »
Hungary Social Security Contributions »
Hungary Property Taxes »
Hungary Inheritance and Gift Taxes »

Hungary: Related Information
Other useful information pertinent to Hungary.
Hungary Tax-Efficient Business Forms »
Hungary Double Tax Treaties »
Hungary Table of Statutes »
Map of Hungary »