Hungary Encouragement LawsThere are a number of tax benefits on certain investments.
These are usually investments of a minimum sum.
The benefits are granted both to local investors and foreign residents.
An investor who is interested in receiving these benefits must choose the type of benefit in advance..
The purpose of the benefits:
Benefits are given to encourage investments in the productive sector that contribute to the employment situation in any region in Hungary or investments in specific areas that suffer from high unemployment or in an area that is industrially undeveloped.
- For detailed information on Hungary investment incentives, please see Hungarian Investment and Trade Development Agency site, www.itd.hu