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Doing business in Central and Eastern Europe in 2021

25 Feb 2021

Central and Eastern Europe offers a solid and attractive market for business opportunities, with long-term political stability, strategic location, competitive tax system, highly skilled workforce and international community. The wave of globalization calls for reaching beyond the borders, encouraging companies and corporates to conquer new locations. If you are tempted by expansion or consider starting a business, countries such as the Czech Republic, Hungary, Poland, Romania, Russia, Slovakia and Ukraine should definitely rank high on your list of destination.

Valuable 2021 country guides and tools

To provide the necessary initial information for your decision making, our experts prepared comprehensive guides and overviews on matters related to the statutory framework of the local entrepreneurial environment. Read about the fundamentals of establishing a business in our company formation eBooks, discover the details of the local tax systems in our guidelines, browse through the upcoming deadlines in our tax calendars, learn about transfer pricing and documentation methods, gain a valuable insight on employment-related matters from our labour law overviews or try the local salary calculators for 2021.

See the full list of our other locations!
  • 2021 Tax Guidelines

    Our tax guidelines provide a complex insight into local tax regulations, including taxes on corporate and personal income, value-added tax, taxes on capital, motor vehicle tax and other business-related financial charges.

    • Tax Guideline for the Czech Republic
    • Tax Guideline for Hungary
    • Tax Guideline for Poland
    • Tax Guideline for Romania
    • Tax Guideline for Slovakia
    • Tax Guideline for Ukraine
  • 2021 Tax Calendars

    Be aware of the upcoming tax-related deadlines with our easy-to-follow, smart calendars.

    • Tax Calendar for the Czech Republic
    • Tax Calendar for Hungary
    • Tax Calendar for Poland
    • Tax Calendar for Romania
    • Tax Calendar for Slovakia
    • Tax Calendar for Ukraine
  • 2021 VAT Overviews

    To provide you with practical information on value-added tax in the region, our experts prepared an interesting overview of the local VAT regulations from the Czech Republic, Hungary, Romania and Slovakia.

    • Value-added tax in the Czech Republic
    • Value-added tax in Hungary
    • Value-added tax in Romania
    • Value-added tax in Slovakia
  • 2021 Transfer Pricing Overviews

    When it comes to the pricing of transactions between related parties, being compliant with the transfer pricing regulations is an absolute must in order to avoid significant penalties. Our guidelines elaborate on applicable legislation including local and international specification, the definition of related parties, methods for the preparation of documentation, advance pricing agreements and other aspects such as penalties.

    • Transfer Pricing Overview for the Czech Republic
    • Transfer Pricing Overview for Hungary
    • Transfer Pricing Overview for Poland
    • Transfer Pricing Overview for Romania
    • Transfer Pricing Overview for Slovakia
  • 2021 Company Formation Overviews

    Operating in multiple countries is an attractive goal for most businesses. When it comes to company formation, its crucial to know the legal forms of businesses, local requirements on minimum capital and documentation, specification of shareholders and investment incentives, the length of incorporation time and learn about other aspects such as relevant corporate taxes. Read about all the necessary information in our eBooks below.

    • Company Formation in the Czech Republic
    • Company Formation in Hungary
    • Company Formation in Poland
    • Company Formation in Romania
    • Company Formation in Russia
    • Company Formation in Slovakia
    • Company Formation in Ukraine
  • 2021 Labour Law and Employment Guidelines

    The European Union offers a great deal of mobility when it comes to employment, but local specifications may come in question when taking a look at the labour code of each country. Our labour law overviews provide information on basic conditions for work entitlement, present the various types of employment contracts and the possible cases of employment termination, specify the social contributions and income tax, give an insight into working time, vacation and the most common employee benefits.

    • Annual vacation leave: Conditions for employees and businesses in CEE
    • Posting of employees
    • Working in CEE
    • Labour Law and Employment in the Czech Republic
    • Labour Law and Employment in Hungary
    • Labour Law and Employment in Poland
    • Labour Law and Employment in Romania
    • Labour Law and Employment in Slovakia
    • Labour Law and Employment in Ukraine
  • 2021 Salary Calculators

    Curious about the monthly gross income or net wage in different countries? Give a try to our salary calculators!

    • Payroll calculator for the Czech Republic
    • Payroll calculator for Hungary
    • Payroll calculator for Poland
    • Payroll calculator for Romania

In case you require more information or need professional advice on how to leverage your business potential when it comes to expansion in Central and Eastern Europe, feel free to contact us.

Ready to explore business in CEE? Contact us to embark on the journey!

Expat tax guide for Poland | eBook

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Expat tax guide for Romania | eBook

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Testing Employees for COVID-19: A Step-by-Step Guide for the Czech Republic | eBook

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Expat tax guide for Slovakia | eBook

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2021 Company formation in Russia

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Expat tax guide for the Czech Republic | eBook

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Tax overview for global mobility in China | eBook

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2021 Tax Guideline for Romania

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2021 Transfer Pricing Overview for Romania

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Value-added tax in Poland | eBook

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About Accace

Originally established in Central and Eastern Europe in 2006, Accace ranks among the leading outsourcing and consultancy providers in the region. Engaging over 600 experts, we have vast experience with handling small to large scale, multi-country outsourcing projects and providing a comprehensive range of our services to over 2,000 customers.

About Accace Circle

Accace operates internationally as Accace Circle, a co-created business community of like-minded BPO providers and advisors who deliver outstanding services with elevated customer experience. Covering almost 40 jurisdictions with over 2,000 professionals, we support more than 10,000 customers, mostly mid-size and international Fortune 500 companies from various sectors, and process at least 170,000 pay slips globally.

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