Startup Ecosystem in Slovakia

Have you ever thought about expanding your startup to Slovakia? The position between several European countries, growing infrastructure and euro currency lure many foreign investors and entrepreneurs and this article will explain you some basic obstacles you will have to overcome in order to successfully open your business in Slovakia. Startup scene in Slovakia has grown tremendously in the past couple of years, also thanks to governmental support including for…

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Overview of taxation of corporates/ companies/ business associations in Hungary

Tax system in Hungary is classified into 2 fields: central (e.g. corporate income tax, VAT) and local levels (e.g. local business tax charged by the local municipality). For both of the fields is the so called self-assessment-principle determinative. But in certain cases the Hungarian tax authority, the National Tax and Customs Administration (NAV) is also entitled to enforce and collect tax.

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