4 Highlights of Establishing Business in Hungary as a Foreign Investor

1
4 Highlights of Establishing
Business in
Hungary as a Foreign Investor
https//sophisticatedlife.quora.com/4-Highlights-o
f-Establishing-Business-in-Hungary-as-a-Foreign-In
vestor
2
If you too want to apply for Hungary visa from
Dubai
to expand your business in the EU nation, here
are some pointers that will come in handy
3
Look Forward to Government Incentives
Hungarian governmental incentives are one of the
main reasons for foreign investors to set up
their business in the country. They have an
investment-friendly economic policy,
a competitive tax system along with modernized
economy. This provides ample room for growth for
almost any business.
4
Easily Open a Bank Account
Banking in Hungary is up to date and ahead of
several countries in Western Europe. As a rule,
all the Hungarian companies are required to have
a bank account of the company within 8 days of
incorporation.
5
Hiring an Accountant is a Must
Irrespective of your business, you need to have
an accountant working for your firm. It is a
mandatory rule right from the point when you
start your business in the country.
6
Hiring a Local Representative Can Work Wonders
As a foreign investor to Hungary from Dubai, you
may not be well-versed with the cultural
landscape of Hungary.