The Schengen Visa is a visa that allows you to travel freely in the Schengen area. This area consists of 26 European countries that have eliminated border controls between them. However, not all people are allowed to enter the Schengen area without first obtaining a visa. If you plan on traveling through several countries within […]
A shelf company is a company that is already registered, but not yet active. There are several advantages to using a shelf company. A shelf company may cost less than starting from scratch, for example. Some shelf companies are available for sale for a bargain price. You need to be careful when buying or selling […]
You might have heard the word “bankruptcy” thrown around, but you might not understand what it means. It’s a big word, so we’ll break it down for you! To start with, bankruptcy is a legal process that allows individuals to get rid of their debts. This process can help people who are struggling with debt […]
Some businesses have a physical presence in Hungary and others do not. If you’re interested in setting up shop here but don’t want to commit to a permanent location, there’s an option that might be perfect for your situation: a virtual office. Virtual offices are often used by companies that need to maintain a local […]
Whether you’re in need of a Hungarian translation service for business or pleasure, you’ll have to make sure that the company you choose is reliable. In order to find a good Hungarian translation provider who can deliver high-quality translations quickly and affordably, here are some tips on how to do so: Do some research. Before […]
Notaries are the people you go to when you need to sign legal documents. They’re also called notaries public or local notaries, and they can be lawyers or public officials who notarize documents for their community. Notarization is a legal process that involves having a document notarized by someone who has been given this authority […]
As part of its growth across Eastern Europe, Amazon will soon start offering new services in Hungary. Additionally, a new office in Budapest is forthcoming. Amazon is about to grow in the Hungarian capital, as Forbes reported. Amazon Web Services (AWS) has been expanding into Eastern Europe by opening new operations in Poland, the Czech […]
If you’re in charge of collecting debts for your business, you may be facing a tough challenge. Debt collection can be stressful and difficult, especially if the debtor is being uncooperative or has financial problems. However, there are several steps you can take to ensure that your collection efforts are legally sound: What to Do […]
The new Extended Producer Responsibility (EPR) could cause a 4% increase in food prices in Hungary starting in July. Changing product prices is an extended producer responsibility. According to Agrárszektor, the new Extended Producer Responsibility (EPR), a tax on packaging materials, could cause food prices to increase by as much as 4% starting in July. […]
An online pricing monitoring system was established by the government in March of this year as part of an effort to combat rising inflation. Yesterday, the government issued a decree outlining the plan in full. At 25.6%, Hungary’s inflation rate remains the highest in the European Union. After Hungary, we find Latvia, whose rate is […]
