Before setting up a company, there are many considerations that an investor needs to make before the setup, among which Hungarian business regulations, opportunities, and registration process specifications are the most crucial ones.
The complexity of the company registration in Hungary depends upon the type of company you choose. While incorporating a Hungarian company with NNRoad, we strive to provide you with all the support required to set up and get the company running. We ensure a smooth setup for your company with the legal assistance of our experienced team in full compliance with the local regulations.
It is very crucial to know the working of the country’s employment market when it comes to hiring candidates for your new Hungarian business as the market is regulated and governed by the local Labor regulations protecting the rights of the employees.
With NNRoad’s professional and experienced team; we can make the hiring of candidates easy for you without the need for you to have a legal establishment. This is one of the most cost-effective and easiest ways to enter the market. Our dedicated team is updated and closely understands the local laws and procedures to be followed for new employment.
With our EOR service, we make sure that the employees are hired in full compliance with the regulations of the local authorities.
Demanding statutory requirements which are different in every country and constantly altering legislation makes payroll an extremely challenging task, especially in Hungary where deductions for Income tax and social security are done through the Payroll and there are procedures to be followed by the employers for every new hire and exit employee.
This is a tedious task for any company to handle as it consumes a large part of time and resources from the enterprise which can be utilized in other profit developing activities of the business.
Choosing NNRoad will give you the time and resources to focus on other business developing activities as we will provide you with the updated and compliant solutions of the highest standards.
Tax and Accounting in Hungary has a certain set of requirements that needs to be fulfilled by the companies which include filling of the statutory financial statements, Corporate law & tax filing requirements.
Handling accounts can be one single biggest cost and compliance burden. NNRoad’s team of dedicated accountants will assist you to manage your local statutory accounting obligations while assuring compliance with a vast range of Hungarian regulations and standard reporting requirements.
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