Hungary: Country and Foreign Investment
This page was last updated on 5 December 2019.
Investment tax incentives are available with the following conditions:
- The investment is at least HUF3bn.
- The investment is at least HUF1bn in less developed areas of Hungary.
- The investment is at least HUF100m for the areas of food production, environmental protection, internet service, workplace establishment related investments, film and video production, and research or development.
The Ministry of Finance is responsible for setting the amount of incentive. The time limit is nine years from the conclusion of the investment, or 14 years from when the incentives were requested.
Due to its anti-immigration stance, the Hungarian government has granted incentives on foreign investments in technology and automation. This has encouraged companies such as Samsung SDI and SK Innovation to invest in the country.