Employ Candidates Compliantly in Hungary

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  1. Overview:Hungary
  2. Global HR Compliance
  3. Global PEO and payroll
  4. Work permit for hiring expats via PEO
  5. Expand without a company set up
  6. Contractor vs. employee: which is better?
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Global Employer of Record (EOR) in Hungary

Global employment services

Businesses in the process of expanding globally often face challenges when it comes to compliantly onboarding employees in foreign countries. In most cases, legal compliance requires the establishment of a legal in-country business entity, a complex, costly and time-consuming process that many employers are not ready to undertake.

To help your organization legally onboard and payroll a workforce in Hungary, Acumen International offers a global employment solution via our Global Employer of Record / EOR designed to help you circumvent the legalities of direct hiring, eliminating the need for you to establish a legal entity in Hungary in order to conduct business there.

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Spotlight on Hungary:

Hungary is a country in Central Europe. It is bordered by Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia and Austria. Hungary joined the European Union in 2004. Hungary has not yet joined the euro-zone and maintains its own currency.

  • Capital: Budapest.
  • Official language: Hungarian.
  • Population: 9,728,337 (July 2021).
  • Labor force: 4.414 million (2020).
  • Local currency: Forint (HUF).
  • Minimum statutory salary: Hungary maintains a national minimum wage system throughout the whole country. In 2021, within the EU member states, Hungary had the one of the lowest national minimum wages, with a total of only 442 Euros per month as the absolute minimum employers are legally obliged to pay their employees.
  • Most developing industries: Major industries include food processing, pharmaceuticals, motor vehicles, information technology, chemicals, metallurgy, machinery, electrical goods, and tourism.
  • Export/import partners: Hungary has strong trading relationships with Germany, Romania, Italy, Slovakia, China, Poland , Austria, Czechia, Italy, the Netherlands. Hungary exports cars and vehicle parts, packaged medicines, spark-ignition engines, video displays, broadcasting equipment. Import commodities include integrated circuits, crude petroleum.
  • 13th salary: About 13% of Hungarian employees receive a 13th-month wage. It is not to be confused with the end-of-year bonus, which is decided by personal performance and the company’s performance in the given year.

Employ your Selected Workforce via Acumen Employer of Record / EOR in Hungary

As an Global Employer of Record services provider, Acumen International helps businesses to legally engage and pay their selected highly skilled professionals in Hungary.

Businesses desiring to hire local employees should be prepared to pay competitive salaries, to attract and retain the most qualified candidates. As a global employment organization, Acumen International serves both end employers and service companies representing international clients.

Acumen’s Global employment services are designed to provide our clients with professional assistance to meet their global HR needs, such as:

  • Global talent acquisition and retention
  • Global expansion, to help you quickly enter new global markets without legal and HR compliance risks
  • Local support for international clients and their expat employees

Acumen’s Employer of Record / EOR service in Hungary offers an efficient and inexpensive alternative to direct hiring. Our employer of record solution gives companies the opportunity to operate in Hungary and in 190 international markets where we serve our clients, without registering as a local business entity.

Acumen International offers a global PEO and payroll solution to take care of all the details of payroll while ensuring full compliance with in-country labor and taxation laws. To get more information about Acumen’s Global PEO and payroll service in Hungary click here.

Legally onboard and payroll employees in Hungary via Acumen Employer of Record / EOR

Acumen’s EOR global employment solution helps businesses to overcome legal challenges by hiring and compensating your local and expat workforce in Hungary on your behalf, in a risk-free and cost-effective manner.

If you are looking to reinforce your internal team with the expertise of Hungary-based global talent, or if you have already selected a local candidate to work for you remotely and in full legal compliance in Hungary our global EOR solution is the ideal choice for you.

You can trust Acumen to handle the global employment and HR details of your workforce management in Hungary to ensure full compliance with in-country employment laws.

Acumen’s Global Employer of Record / EOR solution was designed to help international companies like yours expand your global reach and engage the brightest global talent for your projects.

In addition to legally onboarding local citizens, we are able to organize work permits and business visa sponsorship for your expatriate team via our Global Employer of Record, and employ them on your behalf, once legal permissions have been attained.

Partner with Acumen International, and let us help you handle your global employment and HR needs. With Acumen, you can rest assured that all legal requirements are met for compliant hiring and compensating of your local and expatriate employees in Hungary, and in 190 countries worldwide where we serve our international clients.

Reduce your risks while expanding your business, without establishing your own legal entity in Hungary. Leave it to Acumen to hire and compensate your employees on your behalf, so you can focus on growing your business.

Trust us to handle the global employment and HR side of your workforce management in Hungary so you are sure that none of these nuances are missed and that your employees are employed and payrolled properly and compliantly on your behalf.

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