Hungarian corporate tax according to portal tradingeconomics.com at the moment is 19 %, between 2007 and 2009 it was 20 %.

According to other sources, a company qualifies as an SME if a number of employees does not exceed 250 and the company generates less than EUR 50 million net revenues, or aggregate assets and liabilities do not exceed EUR 43 million. A two tier progressive corporate income tax system was introduced as of 1 July 2010 in Hungary. According to the new corporate income tax regime companies are obligated to pay income tax at a rate 10 % up to a tax base of HUF 500 million (app. EUR 1.8 million), and 19% on the excess amount.

According to KPMG which compares corporate tax rates from all around the world, rate 19 % is not too uncommon - it is the same as the corporate rate in the Czech Republic and Poland for example. There are also many countries who have lower corporate tax rate within the EU - such as Romania, Slovenia, Lithuania, Ireland or Latva, to name some. Bosnia and Herzegovina and Bulgaria have the corporate tax rate at 10 %.