The Hungarian small business tax (KIVA) has become increasingly popular among Hungarian companies in recent years due to its simplified structure and favourable 10% tax rate. At th...

A for-profit company is basically set up with the aim of distributing profits to the owners in proportion to their shareholding in the company, i.e. dividends. Dividends can only b...

As written in one of our earlier articles, according to Hungarian law several different financial statements must be prepared during voluntary liquidation. In this article we will ...