The inauguration of the Ghanaian Hungarian Business Council (GHUNBC) was graciously conducted by H.E. Mr Ibrahim Awal Mohammed, Minister of Business Development of the Republic of Ghana and H.E. Mr. Péter Szijjártó, Minister for Foreign Affairs and Trade of Hungary, at the 3rd Ghana-Hungary Business Forum, held on 1st December 2017 in Accra.
GHUNBC’s main objective is to provide an avenue for companies registered in Hungary and Ghana to collaborate and partner each other to enhance business growth and promote trade and investment between the two countries.
It is our great pleasure to invite your company to become a valued member of GHUNBC.
GHUNBC is an efficient organization equipped with Ghanaian and Hungarian professionals that support, encourage, inform, protect and promote trade and investment interests of both Ghana and Hungary. We create an avenue for members to exchange knowledge and experience to enhance business growth and development.
GHUNBC aims to be the most advantageous and prominent business council that provides an avenue for registered Hungarian and Ghanaian businesses to collaborate and partner each other to enhance business growth, trade and investment in both countries.
GHUNBC is committed to excellence, innovation, accountability and provides the enabling environment that attracts valuable investments. We hold ethical codes at the highest esteem.
Hungary has a central location in Europe which makes it ideal for foreign investors who want to expand their operations in this continent. The geographical location is suitable for transport and logistics activities or for import and export businesses.
Other European countries are easily accessible from Hungary and the country offers access to a valuable internal market.
Hungary welcomes foreign direct investments and has a competitive policy for foreign investments.
Hungary has advantageous taxes for companies and individuals. The corporate income tax is between 10 and 19%, lower than other European countries like France or the United Kingdom. The personal income tax has a flat rate of 16%. This competitive tax system is aided by certain tax incentives and allowance.
The Hungarian government encourages investments and competitiveness through a range of incentives. This state aid can be either refundable or non-refundable. Special attention is offered to the progress of research and development activities and R&D investments.