Q: How a company in Liberia can send my salary in Hungary?

When working remotely for a corporation in Liberia , you salary can be send to Hungary but you need to know that your salary is taxable in Hungary . The Hungarian tax system is very different from the US or UK tax system. There is no standard tax rate for all income. The tax rate is based on the type of income and the income is taxed in the country where the income is generated. The Hungarian tax rate is progressive . The higher your income, the higher the tax rate. The tax rate is higher for the highest income.

Question 1

Can I work remotely for a company in Liberia while being in Hungary?

Accepted Answer

It is usually doable, but we recommand to check the following key points first:

Will you be working from home, or at a local office?
Will you be travelling back to Hungary regularly, or do you plan to stay in Liberia for long periods of time?
Are you required to have an official residence in Liberia?
Do you have to pay taxes in Liberia?
Are you required to obtain a Liberian visa?
Is your Liberian visa not valid for longer than 6 months?
Do you have any family members in Liberia?

These are just some of the most common questions you might have when it comes to working in Liberia.
It is usually doable, but we recommend to check the following key points first:
If you are going to work at a local office, you will be required to get a local work permit, and the company will have to pay for your local work permit.
If you are going to work from home, you will be able to work without a work permit, and the company will be required to pay for your Liberian visa.
If you plan to stay in Liberia for long periods of time, you will need to obtain an official residence, and you will need to have a Liberian visa.

Question 2

How to live in Hungary and find remote work in Liberia?

Accepted Answer

Finding remote work in Liberia if you are located in Hungary might be difficult, therefore we recommend you to find work in Hungary instead. Hungary is a beautiful country, there is no doubt about that. There is a lot to see and do, there are many beautiful places to visit and you can make your own living.

There are also many places in the world where you can work remotely, if you are located in Hungary. In this article we will show you how you can find remote work in Liberia. We will also give you some tips and tricks to make the process of finding remote work in Liberia easier.
How to work in Hungary and find remote work in Liberia
First of all, you need to get a working visa to Hungary. This process is usually very simple and fast. However, there are some documents you need to fill out and some other things you need to do.
You can find a list of the documents you need to get a working visa to Hungary on the website of the Hungarian Ministry of Foreign Affairs.
If you need a working visa to Hungary you need to have a valid passport and a valid visa to enter Hungary.
If you are a citizen of a country which is a member of the European Union you do not need a visa to enter Hungary.
If you are a citizen of a country which is not a member of the European Union you need a visa to enter Hungary.

Question 3

How a company in Liberia can send my salary in Hungary?

Accepted Answer

When working remotely for a corporation in Liberia, you salary can be send to Hungary but you need to know that your salary is taxable in Hungary.

The Hungarian tax system is very different from the US or UK tax system. There is no standard tax rate for all income. The tax rate is based on the type of income and the income is taxed in the country where the income is generated.
The Hungarian tax rate is progressive. The higher your income, the higher the tax rate. The tax rate is higher for the highest income.

Question 4

Where to pay my taxes when working remotely in Hungary for a company in Liberia?

Accepted Answer

If you are working remotely in Hungary for a corporation established in Liberia, taxes could seem complicated but in fact it is very easy.

The following article will guide you through the whole process of paying taxes in Hungary.

What is the tax system in Hungary?
Hungary is a member of the European Union. As such, it has a common tax system with the other members of the EU.
The tax system in Hungary is based on the Common Consolidated Corporate Tax Base (CCCTB). This tax system is based on the OECD’s model. The CCCTB is a system of a single tax rate and a single tax base.
The CCCTB is based on a common consolidated tax base, which is a combination of the taxable profits of all companies in the EU.
The tax base is then split into two parts, one for the Member States, and the other for the European Union.
The taxable profits are calculated on a consolidated basis, which means that all the taxable profits of all companies are added up and then divided by the number of companies.
This is the tax base.
The tax rate is then applied to the tax base.