Relocation to Hungary is preferred due to all the right reasons

July 14, 2015 - PRLog -- Booming numbers of illegal immigrants entering Hungary over the past several years has resulted in the country planning to build a fence along the 175-kilometer long border with Serbia. Around 80,000 immigrants poured into Hungary in 2015 and the daily influx of newcomers is around 1,000.

As the country is becoming more and more developed, Healy Consultants estimates that the interest in Hungary will only increase with not only immigrants, but also with people wishing to relocate for business purposes.

The country is an attractive and growing jurisdiction with a large internal market and convenient location in the heart of Europe. Hungary imposes low corporate taxation of only 10% for small enterprises, making the country a suitable place to setup a new subsidiary. Even if an existing business idea is planning for a higher turnover, the standard corporate income tax rate is just 19%. This is significantly lower than other Central or West European nations, like Germany or France.

To meet the high demand and inquiries regarding Hungary investment and relocation, Healy Consultants updated our Hungary business setup webpage with expert business advice and new complete setup services.

“I have received more than a dozen inquiries for business setup and relocation for Hungary in the past month. Clearly the country is attracting attention for its convenient taxation and investment opportunities.” confirmed our expert Mr. Petar Chakarov.

The European Union, shares our opinion in Hungary and has lent EUR500 million to the country in June this year via the EIB (European Investment Bank). This loan will support a number of projects in the areas of infrastructure, growth, employment, climate change and energy independence (from Russia). These projects will surely maintain the continued and massive interest in Hungary in both the area sof business and relocation alike.

Contact us
Our readers can contact us directly and inquire about our services in Hungary via email at email@healyconsultants.com or give us a call at +65 67350120.