THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.
Employer of Record in Hungary.
G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in Hungary. Your candidate is hired via G-P’ Hungary Professional Employer Organization (PEO) in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.
10Holidays per year
40hours per weekWorking hours per day or month
Payroll in Hungary.
Hungary is a popular tourist destination in central Europe. The country has a population close to 10 million, and its landlocked location makes it great for forming business relationships with other Central European countries. Although it’s great to focus on these benefits during an expansion, you’ll still need to work on more challenging tasks such as setting up your Hungary payroll.
Hiring in 
Hungary.
Your employees are the most important asset your company has, and you need top talent to fill your open positions at your new location in Hungary. While you may know what kind of employees you want to hire, you may not understand all of Hungary’s employment compliance laws. You’ll have to navigate learning how to recruit and hire Hungarian employees while building a new company location and continuing to run your parent company.
Compensation & Benefits in Hungary.
Compensation & Benefits in Hungary.
Hungary compensation and benefits are two of the most important employee entitlements, and they’re often what attracts candidates to certain positions. Providing a competitive level of compensation and benefits will help your company’s open positions stand out from other job openings and bring in the best candidates. Plus, meeting or exceeding Hungary’s compensation laws and statutory benefits requirements will ensure that you stay compliant.
EUR624 per monthMinimum wage per month
20daysAnnual vacation leave (min)
Hungary Subsidiary.
Before you can take any steps to start working in Hungary, you have to set up a subsidiary in the country. This step alone can take a few months and prevent you from starting other time-consuming tasks such as hiring employees, sourcing benefits, and setting up your payroll. Plus, you have to meet Hungary subsidiary laws through every part of the incorporation process.
Hungary Visas & Permits.
As a part of the European Union (EU) and Schengen Treaty, Hungary is an attractive location for companies and talent abroad. If your company is planning to open a new location in Hungary, however, you need to understand all the different regulations and laws. For example, do you know how to get a work visa in Hungary for every foreign employee?