Hiring in Hungary
Achieve seamless business operations with payroll services in Hungary, the landlocked Eastern European gem known for paprika dishes and Olympic success. As a former Warsaw Pact nation turned EU member, Hungary boasts a developed economy with liberal trading approaches.
Dive into Hungary's complex economy, marked by a strong emphasis on science, technology, and a thriving manufacturing industry. Despite highly skilled and educated workers, Hungary faces income equality challenges, ranking 16th lowest globally. This positions Hungary as an attractive investment hub for Western tech companies, especially those seeking IT and communications professionals at competitive salaries. Discover the business potential in Hungary with expert payroll services.
Simplified global payroll services in Hungary
Navigating the intricacies of global payroll can be daunting. TopSource Worldwide offers streamlined payroll services that ensure timely, accurate, and compliant global payroll processing to support your expansion into Hungary and beyond.
Global payroll expertise
TopSource Worldwide offers global payroll and HR expertise in over 150 countries, simplifying global expansion for growth-oriented businesses.
Benefit from a dedicated account manager and team, ensuring you always have a direct point of contact for all your payroll-related queries and needs.
TopSource Worldwide's in-country compliance experts ensure you stay compliant with local regulations, minimising risks and penalties for your business.
Because every business is unique, TopSource offers tailored solutions to ensure our payroll services align perfectly with your individual needs.
Global Employee Cost Calculator
Estimate the cost of your new hire with our calculator. Simply enter their location and salary information in to this handy tool to see what will be spent in employment costs each month.
Hear from our clients about our payroll services in Hungary
With TopSource we were able to have employees hired or maintained in Nutreco without having to establish an entity in these countries for only 1-2 employees. I think most countries are covered by TopSource, so they can help us with almost all cases. Good advice on conditions and direct contact with employees. Invoicing done directly to the company. An easy process compared to hiring employees by ourselves.
Annette van Duijnhoven
We searched the market for a local payroll vendor in 2014 and we chose TopSource as our partner. We were looking for error free and timely payroll processing and TopSource Worldwide delivers this, saving us time and money. We have worked together for 8 years now and would recommend them to anyone.
TopSource Worldwide has a detailed and methodical onboarding process that made it easy for us to get set up and running with our UK employees. They were able to take the worry out of trying to comply with all local laws and regulations. Because they have this knowledge we do not have to research on our own and hope we are in compliance. This has saved us hours of time and gives both the company and employees a sense of security.
Streamlining global payroll for Hungary, one step at a time
Consultation and setup
Data collection and integration
Process and compliance checks
Review, approve and disburse
Key insights into Hungary's landscape
Currency: Hungarian Forint (HUF)
GDP: $170 billion (USD)
Population size: 10 million
Biggest industry: Automotive
Cultural highlights: Thermal baths, folk music, and historic architecture in Budapest.
Calculate Your Payroll Taxes in Seconds
Payroll tax calculator for employers in Hungary
If you struggle with payroll tax calculations and complying with the relevant regulations, then our payroll tax calculator is for you! It's easy to use and can help you calculate your payroll taxes in seconds. Simply enter your employee information, like salary amount, deductions, and benefits, and our calculator will do the rest.
In addition to calculating your payroll taxes, our calculator can also help you:
- Understand the different types of payroll taxes
- Stay up-to-date on the latest changes to payroll tax regulations
- Avoid penalties for non-compliance