Ⅲ. Advantages of Entry into Hungary
1. The Benefits of a Tax System
Thecorporate tax rate in Hungary (about 18%) is one of the lowest one in Europe. Moreover, according to the entry of Hungary to European Union on May 2004, Hungary wants to strengthen the competitiveness against other Eastern European countries, so it will lower thecorporate tax by 2% in the next year. If this happens, th
Tax on liquor Tax rate
Wine 0%
Liquors less than 30% alcohol 0%
Liquors more than 30% alcohol 100%
-Source : Customs and Excise Department of Hong Kong
Hong Kong government develops indifferent policy to the foreign investor. No special tax and site offering incentive, but they are going to up-grade the all the system at the world highest level. As part of this policy, they reduced corporate
The third thing is about separation. In may 1, 2009, operation/business platform section and infra section were separated from the head office, NHN. The method of separation is that the main office continues to exist and it has 100% equity of NHN business platform corporation which is made newly. This is one of the simple, physical methods. Decision about this separation is decided by determinati
Tax Service.
To cover up a tax investigation of SPC,
To lower judge level following the result of the audit and prevent suspension of business
1. Maintenance of Government's exclusive financial monitoring systems .
The improvement of the efficiency, credibility, expertise in process of Administration
2. Reinforcing the supervisory authority of Deposit Insurance Corporation.
between our employees and the company“
"Contented cows give more milk."
"I'd rather spend the money on my employees than send it to Washington as taxes.“
That’s been the employee-focused philosophy behind SAS’ corporate culture since the company’s founding in 1976. At the heart of this unique business model is a simple idea: Satisfied employees create satisfied customers.