Doing Business in Hungary

Hungary occupies a strategic position at the geographic heart of Europe and offers a business environment backed by EU membership, a competitive tax structure, and a highly educated, multilingual workforce. It is consistently ranked among the most attractive investment destinations in Central and Eastern Europe.

Key Advantages

• Location: Access to 500+ million EU consumers; within 1,000 km of most major European markets
• Tax environment: One of the EU's most competitive corporate tax regimes
• Workforce: Highly skilled in engineering, IT, pharmaceuticals, and finance; strong English and German proficiency
• Infrastructure: Located at the junction of four major European transport corridors; 1,100+ km of motorway
• Incentives: Cash subsidies, tax allowances, low-interest loans, and EU funding available to qualifying investors

Key Sectors

Hungary has established strengths in automotive manufacturing, electronics, pharmaceuticals, IT and shared services, and increasingly in battery and EV supply chain investment.

Investment Support

The Hungarian Investment Promotion Agency (HIPA) provides free, confidential support to companies considering investment in Hungary — from site selection to incentive applications and government liaison.