NEW Guide to Doing Business in Hungary, now available
Situated in Central Europe, Hungary enjoys a strategic position at the crossroads of Western and Eastern Europe. A member of the European Union since 2004, it provides a competitive business environment, a highly educated workforce, and full access to the EU single market.
Member firm MGI-BPO, based in Budapest, recently published a brand new Guide to Doing Business in Hungary to help members and their clients, who may be considering investing in the country.
Why Hungary?
Hungary offers a transparent and investor-friendly legal framework for those setting up a business. Foreign investors enjoy the same rights and obligations as local entrepreneurs, and company registration is typically fast, often completed within just a few business days. In summary, Hungary offers:
- Corporate income tax rate of 9% – the lowest in the EU
- Central location with excellent infrastructure
- Skilled workforce with strong technical and language skills
- Access to EU funding and investment incentives
- Favourable R&D and innovation ecosystem
Why MGI-BPO?
Partner Lásló Killik:
"At MGI-BPO, we understand the opportunities and challenges that international businesses face when entering a new market. Hungary, located in the heart of Europe, offers a stable business environment, EU membership, a highly skilled workforce, and one of the most attractive corporate tax rates in the European Union.
"This guide was created to give members a practical overview of the Hungarian business and regulatory environment. It includes essential information about company formation, taxation, employment, accounting and compliance – all tailored to meet the needs of foreign investors. MGI-BPO has been supporting international companies in Hungary for over two decades, combining our global reach with deep local knowledge, and we are on hand to answer any questions."
Click to view and download the full guide.
Find out more
Whether you're looking to establish a local entity, expand your operations, or explore investment opportunities, the team at MGI-BPO is ready to guide you and your clients, every step of the way. To find out more contact László Killik - details can be found on the firm profile page or website.
To see all our latest Business Guides visit the global news room HERE or log in to the member portal and visit the Resources page.
MGI Worldwide is a top 20 ranked global accounting network and association with over 8,800 professionals, accountants and tax experts in some 440 locations in almost 100 countries around the world.