Invest in Hungary ? Why not !

Hungary is a small country, situated in the middle of the continent in Central Europe. Hungarians speak a language and form a culture unlike any other in the region: this distinctiveness has been both a source of pride and an obstacle for more than 1100 years.This is the country,which boasts one of the world's most beautiful cities: Budapest, the "Pearl of the Danube".Also 2000 year old Roman ruins and 400 year old Turkish monuments can be found side by side there. Hungary is the country where Central Europe's largest fresh water lake - Balaton - is located, providing natural paradise for its visitors and where hundreds of therapeutic mineral springs gush up from the depths.

So much for the country itself. Hungary is also a great place to make business. The greatest advantage that this country could offer in regards to business is the government’s strong commitment to easing business processing. Both refundable and non refundable incentives are available to investors coming to or expanding in Hungary. The main types of incentives related to investment are cash subsides either from the Hungarian government or from EU funds, tax incentives, low interest loans or land available fee or at reduced price.  All seven regions of Hungary are qualified for incentives, and aid intensity varies between 10% and 50% for large corporations, while small and medium corporations can receive up to 70%.