Globelise

Hire confidently and
compliantly in
Hungary

Hire, onboard and pay you global team anywhere in the globe!

Capital

Budapest

Currency

Forint (Ft, HUF)

language

Language

Hungarian

Timezone

UTC + 1:00

Hungary has a relatively large economy, with a per capita income approximately 2/3 of the EU-28 average. It also has a very high human development index and a skilled labour force. Hungary’s economy is export-oriented with a strong focus on foreign trade. It is also one of the leading countries in Central and Eastern Europe when it comes to attracting foreign direct investment. Major industries that drive the Hungarian economy include food processing, pharmaceuticals, motor vehicles, information technology, chemicals, metallurgy, machinery, electrical goods, and tourism. Hungary attracts foreign investors through the competitiveness of both SMEs and large enterprises, as well as its strategic location, attracting especially investors planning cross-border business developments.

How to build a team in Hungary

Employers need to follow the strict employment guidelines set forth by the local authorities before they could employ in Hungary. This process can be time-consuming as the company first needs a legal entity in the country and it needs to manage payroll, tax, benefits and compliance.

Global payroll solutions make it easy to find and hire top talent in Hungary. With one seamless integration and local legal entity, we take care of the compliance matters so that you can start your globelizing plan immediately.

Compliance risk

Risk of misclassification

Hungary’s worker classification labour and tax laws distinguish between contractors and full timers. If the individual meets the legal definition of an employee but is classified as a contractor, your company will face penalties.

Let’s not make global expansion overwhelming.
Go global today!

Download
Hungary
Guide
Please fill out the form to receive a free copy.

By submitting this form, you agree to receive the requested information, as well as occasional communications regarding Globelise’s products, services, and events.You can unsubscribe at any time.To read more visit privacy policy.

Thank you for downloading
Hungary
Hiring Guide

How do you want to register
with Globelise?

Company or Individuals who are looking to hire talents and run payroll globally

Talents who wants to work compliantly from anywhere