In Hungary a high priority of the economic policy is to make further efforts to develop the economy as an integrated part of the European market. Hungary now provides for foreign investors a relatively stable legal framework and very competitive, mostly European Union harmonized tax system. The government has a strong commitment to easing business processes and to increasing the competitiveness of both SMEs and large enterprises in Hungary based on the wide range of available incentives.
However there are a number of issues which you must consider when you are looking to set up your business in Hungary. This document takes you through some of the common questions we come across and gives you practical information about the issues you need to consider.