Hungary

Why Hungary?

Nestled along the Danube River and sharing borders with Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia and Austria, Hungary is one of the most developed economies in the Central and Eastern Europe region. It has highly-developed services and industries, plus modern infrastructure, and is a favourite with automotive investors.

The government recently lowered taxes and implemented measures to support FDI, so the growth is set to expand further. The investor-friendly business environment - including a corporate income tax of a flat 9% - provides enterprises with excellent opportunities for global planning. Also new is a tax incentive system to attract research and development activities, with benefits for international corporations that are comparable to R&D incentive schemes in Canada, Ireland and the UK.

Our core areas of expertise

TMF Hungary has a strong and experienced team of more than 180 local specialists in accounting, legal, tax, payroll and HR, serving clients locally and internationally.

We have been providing a full range of corporate services for 20 years to help organisations reduce risks, be compliant, better control costs and simplify operations.

We are proactive with solutions and have a strong focus on processes and controls to ensure that we operate to high standards of integrity and professionalism. Our in-house IT applications support team constantly innovates our procedures and the way we work with our clients to ensure we deliver a customised experience. We strive to provide the quickest, most secure and most innovative solutions to our business partners. We are here to help you grow and succeed.

Our full range of services includes:

  • Accounting and Tax services: We take care of local statutory bookkeeping, full consolidated accounts and management reporting to relevant local and international standards. We also help you manage your tax and reporting obligations.
  • Consultancy solutions: A flexible service allowing companies to deal with complexities created by expansion into new countries or growth in existing overseas locations.
  • Corporate Secretarial services: We can take care of recurring compliance filings, manage routine corporate changes and retrieve any official corporate documents from official registries.
  • HR and Payroll services: We help you apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law.

Get in touch with our office in Budapest to discuss how to grow your business in Hungary.

To find out exactly how we can help you, speak to our experts

We deliver tailored solutions to each precise location that allow you to operate smoothly from day one.

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