Ghunbc Chamber
About us
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 3 rd Ghana-Hungary Business Forum, held on 1 st December 2017 in Accra.
GHUNBC’s main objective is to provide an avenue for companies registered in Hungary and Ghana to collaborate and partner with each other to enhance business growth as well as promote trade and investment. It is our great pleasure to invite your company to become a valued member of GHUNBC. Our membership services include but are not limited to:
1. Matching/identification of partner companies from the partner country;
2. Representing members’ interests in interactions with government organizations
3. Providing regular updates on international financing opportunities (World Bank, African
Development Bank, European Development Fund) and supporting members to identify
and take advantage of projects by internationally recognized financial institutions
4. Organising official trips for business delegations to Ghana/Hungary
5. Providing basic legal and business advice to its members and recommend trusted
professional service providers
6. Issuing monthly newsletters about relevant topics, which have an impact on the trade/investment climate in relation to Ghana/Hungary
— Mission
GHUNBC is an efficient organization equipped with Ghanaian and Hungarian professionals that support, encourage, inform, protect, and promote the 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.
— Vision
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 with each other to enhance business growth, trade, and investment in both countries.
— Values
GHUNBC is committed to excellence, innovation, and accountability and provides an enabling environment that attracts valuable investments. We hold ethical codes in the highest esteem.
Why Hungary?
Geographical
location
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.
Favorable
Business Environment
Hungary welcomes foreign direct investments and has a competitive policy for foreign investments.
Favorable
Tax System
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
Government
incentives
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.