Number of Sole Proprietorships Rises to 608,000

2022. május 19.

Budapest Business Journal

The number of sole proprietors has already increased to more than 608,000, according to hrportal.hu. Due to favorable taxation, simple rules and flexibility, sole proprietorships are becoming more popular, with more than 90% of entrepreneurs opting for this form of business designation, the State Secretary for Taxation Finance Norbert Izer said on Friday.