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news

Business, investment and economic regulation news from Hungary, about Hungary.

Navigating Healthcare Options for Non-EU Residents in Hungary: What You Need to Know

For those coming from outside the European Union who wish to settle in Hungary, access to healthcare services can be an important question. Both the state healthcare system and the...
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Notification Requirements for Posted Workers in Hungary

While many professional articles discuss the personal income tax and social security status of workers sent to Hungary from other countries, the notification and registration rules for these workers are...
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Social Security Coverage for Foreign Performing Artists and Guest Lecturers

This article outlines the statutory provisions regarding the social security status of foreign performing artists and guest lecturers, including those excluded from insurance coverage.Insurance ExclusionsUnder Section 17, Paragraph (1), Point...
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Special Rules for Social Security and Social Contribution Tax Payments for Third-Country Nationals in Hungary

The legal provisions regarding the payment of social security contributions (tb-járulék) and social contribution tax (szocho) for third-country nationals employed in Hungary contain special rules. Third countries are defined as...
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Golden Visa Hungary: 10 years visiting investor residence permit in Hungary, renewable for another 10 years

In November 2023, the Hungarian government published a law on the entry and residence of third-country nationals. The law introduces various new residence permits and visa categories, with a new...
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Understanding Health Insurance Exclusions for Certain Foreign Workers in Hungary

In Hungary, navigating health insurance coverage can be complex, especially for certain categories of foreign workers. According to the Social Insurance Act (Act CXXII of 2019), specific groups of individuals...
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Tax and Social Security Obligations for Hungarian Employers with Remote Workers Abroad

As the landscape of employment continues to evolve, with an increasing number of individuals working remotely across borders, it becomes imperative for businesses to understand and navigate the tax and...
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Taxation of Income from Social Media Platforms like Instagram, YouTube, TikTok, Onlyfans, and Others for Companies

On social media platforms, there are often companies present that typically create content to promote their own products and services. In some cases, businesses generate significant revenue by producing popular...
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Social security obligation of a foreign executive in Hungary

Foreign citizens who hold executive positions are considered as entrepreneurs, and if they are not retirees, they are generally subject to social security contributions in accordance with the general rules....
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Interim tax changes in personal income tax and corporate tax

The amendment regarding contributions from airlines and certain tax laws was adopted by the National Assembly on July 4, 2023. Changes related to personal income tax: According to the amendment,...
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