TAX FOR THE SMALL BUSINESSES HUNGARY VS BULGARIA
The so-called KATA – taxation for small businesses in Hungary used to be very popular and attractive for digital nomads, freelancers, and small entrepreneurs in IT sector in the last few years. It used to attract not only domestic individuals, but also people from all over the EU to register as freelancers in Hungary and become taxpayers there. KATA taxpayers used to pay a flat annual tax of approx. €1500 instead of corporate or payroll tax.