Employer of Record (EOR) Services In Hungary

Using our EOR services in Hungary allows you to access the opportunities of the Hungarian market within days while we take care of the paperwork for hiring your workforce compliantly.

Employer of Record (EOR)

With relatively low costs of living and a mixed, internationally oriented economy with many trading possibilities, a global expansion into Hungary can lead to profitable opportunities and growth for your business.

Hungary flag

Dedicated to Offering You 24/7 Support

Hassle-Free Expansion

The mixed economy of Hungary has led to a highly skilled and broadly oriented population. With an international open approach to foreign investors, Hungary is an appealing country to expand into. By using us as a EOR you can start operating from Hungary this week while we take care of hiring your employees compliantly.

Hungary is the 36th biggest export country worldwide and its economy is focused on trade. Therefore, the country established numerous trade agreements and has non-tariff measures in force that can benefit your business in Hungary.

CONTACT US
CONTACT US

What is an Employer of Record

As an EOR we conclude an agreement with both you and the employee who will be working for your company. We become the legal employer of your new workforce and are responsible for taxes, labor laws, and other local regulations that might be unfamiliar to you now. Your company maintains control over the working relationship, work ethics, tasks, and daily responsibilities of your employee.

Our EOR services in Hungary offer our global entity network to companies considering expansion. We become your international employees’ Employer of Record, meaning that we take full responsibility for your employees’:

  • Labour contracts
  • Compliance with Hungarian laws
  • Tax contributions (if applicable)
  • Payroll

As an Employer Of Record, we conclude an agreement with you and the employee who will be working for your company. We become the legal employer of your new workforce. Your company maintains control over your employees’ working relationships, work ethics, tasks, and daily responsibilities.

The greatest benefit of using an EOR is probably that there is no necessity for you to set-up an entity in Hungary. This process can take months and during this period, it is unlikely that you have legal resources to pay your employees in Hungary resulting in a considerable delay in your global expansion plans.

Global expansion is an exciting step that often leads to a growing and successful business, but the red tape in a new country can be demotivating and frustrating. Imagine a way to globally expand your business without red tape and at low costs: that is what working with an EOR can do for you.

By letting us take care of the hard part, you can focus on the great part: expand your business into Hungary. These are the aspects we can take away from you:

  • Registering with the tax and social security office.
  • Immerse yourself in the local laws, customs, and regulations.
  • Get familiar with local labor benefits and other contract-related customs.
  • Approach potential employees and make them an offer.
  • Setting up the payroll system compliantly.
  • Submitting wage tax returns and national insurance forms.
  • Staying up-to-date and compliant with changes in local regulations.
  • Worrying about whether you are working compliantly with all laws, restrictions, and regulations.

Benefits of Using EOR Services in Hungary

For Employers

As an employer, you are usually responsible for all legal aspects regarding your employees’ employment. In a new country, this process will probably take some more effort, but it does not have to. We have extensive experience with Hungarian payroll, taxes, and other local laws and regulations at Bradford Jacobs.

We can help you with the following:

  • A tailored solution that fits your company’s needs and plans.

  • Local experts inform you about all you want to know about the Hungarian market.

  • Providing EOR best practices on tax, treaties, expenses, and social security.
  • Fast-paces and efficient hiring.
  • Easy withdrawal from the market without worrying about labour contracts.

  • A hassle-free start of your Hungarian journey within days.

Benefits of PEO services for employers

Offering You
Expert Guidance

Benefits of PEO services for employees

Keeping Your
Employees Happy

For Employees

Employees are the central core of your business. They keep the engine running; therefore, creating a stable agreement that satisfies both employer and employee is essential. As a legal employer, the EOR is responsible for keeping employees happy with the work agreement. Due to our broad network and experts, we can offer employees great benefits and a reliable, compliant employment contract.

We will make sure they enjoy the following:

  • Rapid and transparent onboarding.

  • An employment contract compliant with Hungarian regulations.

  • A monthly agreed salary paid on time.
  • Excellent benefits such as pensions and insurance.
  • A regular point of contact.

  • Up-to-date information and consultation about changes in Hungarian regulations.

Contact Us

Join Our Newsletter

Stay up to date with latest service offerings while receiving tips and strategies for making your next remote hire.

JOIN US