I'm considering moving to Hungary, spend part of the year there and register as freelance self-employed there due to its moderate-income tax of 10%.
I'm wondering how difficult it is to register and start operating as freelance there.
I got some questions
- How much bureaucracy is involved to get things done?
- Is it convenient to hire an accountant?
- How much does it cost an accountant there?
- Is it easy to get a VAT ID, as I plan to invoice customers from other EU countries?
- How easy is it to open a bank account there?
- Are there any other taxes involved? E.g: if I invoice 1000€ (VAT free), would I get 900€ net profit?
Any help would be highly appreciated