Recent content by gap

My KFT is currently based in Újlengyel instead of Budapest. 0% local business tax. Many accountants have warned me, because these are usually small family houses where 200 companies are registered and called a "company cemetery". But you just have to choose a good provider. UK LTD sounds good...

Hello! I'm a Hungarian tax resident and the sole owner of a Hungarian KFT (Design & IT services). Due to some clients' preferences (GB, NL), I need to establish a company in a more "prestigious" country. My question is: which country would be the best for this purpose? As of 2024, the Double...

I would recommend Crystal Worldwide (Business and offshore consulting, tax planning, asset protection - Crystal Worldwide) they offer legal, accounting, auditing, residency, virtual office and director/management services not only for Hungary.

There are smaller towns where no local business tax exists and they can be used as bases for companies. However the bureaucracy is still significant agree.

Thank you all for your answers. It helped me accept that I'm not in such a bad position as a tax resident in Hungary. I have been looking for the right accountant for many weeks. It's harder than I thought.

I got a remote job in the US, as a Hungarian citizen what are my tax minimisation options? Probably the best option would be to change residence, but is it worth the effort and initial costs for about 72,000 USD per year from that US company + ~48,000 USD / year from another individual (payed in...