Changes from January 2018: Registration of bank accounts held abroad, Rent a flat

Registration of bank accounts held abroad

All companies must register number of bank accounts held abroad together with name of Bank and date of opening and closing bank account within 15 days from 1st January 2018. If the Company fails to do this registration the fine could be maximum 600k HUF.

Rent a flat

From 1st January there is no 14% health contribution liability for those private persons who have a revenue above 1 million HUF from renting flat.

If you are interested in this topic please, contact our experts and we will provide you with further details.