European Regional Development Fund
Let’s do business in Hungary - 2019/06/11
- Date: -
- Location: Hotel Arcade, Námestie SNP 5, 974 01 Banská Bystrica
- Project acronym: CORD
- Project registration number: SKHU/1601/.4.1/104
- Website: https://www.facebook.com/CORDProject/
- GPS coordinates: N 48° 44' 6.256'' E 19° 8' 43.256''
- Event organized by: Asociacia lektorov a kariernych poradcov (ALKP – Association of lecturers and career advisors)
- Contact person: PhDr. Stanislava Druskova
- Phone number: 00421 905 628 657
- E-mail address: cord@alkp.sk
- Language of event: Slovak
- Interpretation: no
- Registration is needed: yes
- SKHU/1601/.4.1/104 (16)
Do you do business in Slovakia or are you going to do a business, but you don’t not like the excessive bureaucracy or high business tax in Slovakia?
Content
What about to start a business in the neighboring country – e.g. in Hungary. The corporate tax rate is 9% (compared to our 21%) and the setting up a business is fast and unpretentious process thanks to the electronical communication with authorities. Moreover, you no longer have to worry about entering the Hungarian market because of the language barrier. So, what do you think? Are you in but you don’t know how and where to start? Let’s participate on pilot workshops of the Crossing Bridges with the Help of Ambassadors’ (CORD)’ project, organized by the Association of Lecturers and Careers Advisors (ALKP) along with project partners. Pilot workshops are the tangible outcome of the CORD project implemented the Interreg V-A Slovakia-Hungary Cooperation Programme.
Program
08:30 – 09:00 Registration and networking of participants
09:00 – 09:10 Welcome
Project CORD/Crossing Bridges with the help of Ambassadors ‘Introduction
09:10 – 15:30 Let’s to business in Hungary, incl. discussion and conclusions (and lunch break)
• Doing business abroad
o Expansion abroad and reasons for it
o Categories of countries to expand and why
• In the center of the viewfinder – Hungary
o How to start a business in Hungary
Hungary's benefits (taxes, system, business culture)
Legal business forms in HU
• Preparation Phase:
o what to watch out for and what are the most common mistakes of start-ups
o what you need to know before entering HU market and setting up a business
o what to do before starting a business (visit HU and secure VAT number as FO)
• Implementation or setting up a business:
o selection of activities, company name
o virtual office vs. physical address
o establishment through a lawyer / firm / vs doubtful founder
o documents needed to be signed
o share capital and forms of repayment
o legal liability for default
o the time for which the company is founded
o bank account - comparison of OTP / KH / Reifeisen / Unicredit banks
o VAT payer vs non-VAT payer
o founding vs. ready made
o The most common reasons for establishing and the most common mistakes
• What to do after setting up and accounting in HU
15:30 – 16:00 Success story of CORD’s ambassador
Attached documents
