Foreigners are allowed to open a trust in Hungary, a structure that is designed for asset management purposes. It must be noted that foreigners do not need to have a residence permit issued by the Hungarian authorities in order to register this type of entity, making it a very attractive…
Foreign investors can set up their operations in Hungary through a variety of structures. They can incorporate commercial companies or non-for-profit structures (which can take the form of associations or foundations). Those who want to open a foundation in Hungary must abide by the requirements of the Hungarian Civil Code.…
A fiscal representative in Hungary defines the entity that is appointed as the tax representative of a company, who will handle various formalities established by the Hungarian authorities. While for some companies, there isn’t a legal obligation to appoint a fiscal representative, for others, it is mandatory in order to…
Payroll in Hungary refers to all the accounting procedures and other formalities related to the taxation of employment. Payroll refers to the calculation of the employment taxes, benefits, bonuses, vacation days, sickness benefits and many others. Payroll is a procedure that falls under the responsibility of our accountants in Hungary…
We are BridgeWest Hungary and we are specialized in company formation and related services in Hungary. BridgeWest Hungary operates locally through Tálosi & Tálosi Attorneys, a prestigious law firm based in Budapest.Meet our company formation expert in Hungary below! Ádám Tálosi, Hungarian lawyer Dr. Ádám Tálosi studied at the Faculty of…
Investors who want to open a cryptocurrency company in Hungary have to take into consideration a few aspects, such as the formalities for the issuance of a crypto license in Hungary. One of the most important matters is that cryptocurrency is not considered yet a legal tender. However, the Hungarian authorities are actively working at creating…
Relocating to Hungary requires many important legal documents, as well as other information that you need. Our experts in Hungarian company formation matters can assist you in acquiring these documents as well as provide you with the much needed knowledge about obtaining residency in the country. Whether you will be moving there for…
Both employers and employees need to be aware on how to acquire a work permit in Hungary. Employers need to obtain an approval from the Ministry of Labor before they can hire foreigners and employees need to obtain a work permit before they can actually start working. It must also be proven that…
Laundry businesses in Hungary have become more and more popular lately, in the context of general development of the country. In large cities such as Budapest, this type of enterprises responds to the needs of both individual customers and accommodation providers. If you decided to invest in a laundry business and you need…
Many foreign investors decide to establish a call center in Hungary as this business proves to be profitable and in high demand. One of the first steps to be done is the registration procedure imposed by the Hungarian law. Even if you are not a native speaker our specialists in company formation in Hungary can…
