HUNGARY

When choosing a place for doing business, the choice often falls on Hungary, because it is territorially located not far from Ukraine, while being part of the European Union, which provides certain advantages both for doing business and for employment or residence in the territory of this country.
What are the benefits of doing business in Hungary? What is the best city in Hungary for doing business?
What are the benefits of doing business in Hungary?

•  geographic advantageous location
•  belonging to the European Union and the Schengen area
•  Quick and easy registration of a legal entity
•  loyal taxation system
•  the absence of the state in the black and gray lists of jurisdictions
•  a sufficient number of concluded agreements on the avoidance of double taxation

CONCLUSION. Registering a business in Hungary gives you such advantages – belonging to the European Union, which affects the stability and development of the financial system, work freely and travel throughout Europe without unnecessary obstacles. No foreign exchange control, low tax rates 0-2% city tax, 9% corporate tax, only 11% profit rate. Registration of a company in Hungary establishes the fact of Hungarian tax residency. Automatic assignment of Hungarian and European VAT, similarity of language and mentality.