Dr Hancz Patrik Beyond the Hungarian Golden Visa – The Hungarian Citizenship The Hungarian residencies normally require that the applicant have to spend most of their time in Hungary, but this requirement does not apply to guest investors . Thank to this type of residence perm... Jun 1, 2024
Dr Hancz Patrik STEP DIRECTORY – Hungary STEP DIRECTORY – HUNGARY professional licensed trustee ad-hoc trustee Type of trust Revocable, testamentary or inter vivos, discretionary or non-discretionary, private or charity Revocable, testamenta... Aug 15, 2023
Danku Tamás, TEP Family Law and Defined Inheritance Rules PROBATE PROCESS The local authority of the deceased person’s last place of residence is responsible for preparing the probate proceedings, but they are conducted before the appointed probate notary. A... Jun 10, 2022
Danku Tamás, TEP Type of Entities in Hungary Under Hungarian law, entities may be natural or legal persons and associations of persons without legal personality. From an estate planning perspective, the main types of companies (legal persons) in... Jun 10, 2022
Danku Tamás, TEP Domicle concept for Gift and Inheritance in Hungary On 4 July 2012, the European Union adopted Regulation (EU) No 650/2012 of the European Parliament and of the Council of 4 July 2012 (the European Succession Regulation) The Regulation applies to decea... Jun 10, 2022
Danku Tamás, TEP HUNGARY | Mid-year tax updates 2017/2018 Personal Income Tax Based on the rules valid from 2018, the employer can provide a total of 5 years of tax-exempt housing allowance for a worker whose residence is at least 60 kilometers away from the... Jul 16, 2017
Danku Tamás, TEP Public holidays in Hungary in 2017 March 15, 2017, National Day April 14, 2017, Good Friday April 17, 2017, Easter Monday May 1, 2017, Labour Day June 5, 2017, Pentecost August 20, 2017, St. Stephen’s Day October 23, 2017, Repiblic Day... Feb 4, 2017
Danku Tamás, TEP HUNGARY | Update of Value Added Tax 2017 Several VAT rates are used: it has been long overdue in the case of food, the reduction of VAT in hospitality has not really been thought out in detail, and the reduced VAT rate of the Internet is rat... Jan 1, 2017
Danku Tamás, TEP HUNGARY | Update of personal income tax 2017 The personal income tax has been amended on several points during the year as well. In the following part we present those changes in SZJA, KATA and EHO (health care contribution) that are considered ... Dec 30, 2016
Danku Tamás, TEP HUNGARY | Changes of Corporate Tax 2017 Corporation tax was changed during the year, in order to carry out the “OECD BEPS Action Plan”, and in the autumn two amending packages were brought to the Parliament, which already include new rules ... Dec 29, 2016
Danku Tamás, TEP HUNGARY | Requirements concerning billing and billing software in 2017 From next year on it is only possible (recommended) to use billing software that complies with the new requirements and forwards the details of the issued invoices real-time to the tax authority. From... Dec 28, 2016
Danku Tamás, TEP 9% – Hungary to offer EU’s lowest corporate tax rate from y2017 The prime minister of Hungary said the coporate tax will be 9% in Hungary for all corprate tax payer. The general corporate tax rate currently 19% and if the profit of is under HUF 500 million, the di... Dec 4, 2016