Hungary and its capital of Budapest is being touted as the next
London or Berlin for entrepreneurs, with competitive corporate tax
rates and a booming economy. Here's what you need to know about
hiring foreign talent in the country.
What's the number one European city in which to launch a
business post-Brexit? Budapest, according to a recent study. And
it's no wonder, when you consider Hungary's comparatively
low corporate tax rate (9%) and labour costs. This agile and
accelerating market stood out as one of the best-performing
economies in the OECD in 2018, receiving a record amount of foreign
investment. As its unemployment rate hits a new low of 3.65%,
companies are starting to search further afield to fill vacancies
across virtually all sectors.
