Brazil vs Hungary: key business insights

Scale Faster. Invest Smarter. Leverage Brazil vs Hungary.

Brazil and Hungary each present unique macro, business and cultural conditions. This page places headline data side by side so executives can quickly see where opportunities and challenges differ. From GDP growth to labor costs, incorporation speed to social security, discover why Brazil often outshines expectations and how Wide Brazil simplifies every compliance step. Use these insights to plan hiring, investment and long-term strategy with confidence.

Macro Outlook

Hungary’s Numbers at a Glance

Hungary delivers solid growth, low inflation and enviable employment levels. Compare these metrics with Brazil’s rising indicators to judge purchasing power, stability and room for expansion.

Key Economic Indicators 2024–2025

Country
GDP per capita (PPP, US$)
Real GDP growth 2025 (%)
Inflation 2024 (%)
Unemployment 2023 (%)
Brazil
10816
2.2
4.83
7.95
Hungary
25703
2.9
3.2
4.13

Company Formation Costs and Speed

Hungary streamlines incorporation, yet Brazil offers unrivaled scale once you are established. The figures below highlight paperwork, timing and protection levels to guide your entry decision.

Business Setup Benchmarks

Country
Procedures to start a company (number)
Average time to incorporate (days)
Incorporation cost (% of income per capita)
Minority‑investor protection index (0‑10)
Tax payments per year (number)
Brazil
11
17
4.8
6.5
9
Hungary
6
17
7.3
6.5
11

Insights

Unlock Brazil’s Potential

Partner with Wide Brazil for Seamless Market Entry.

FEATURES

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Always have a look

Today's States

Country
Currency
Price
Volume ( 24h )
Change
Bitcoin
BTC - USD
$9780
$368,645,000
+4.8%
Ethereum
ETH - USD
$305
$224,180,000
-3.2%
Litecoin
BTC - USD
$80
$283,573,000
+2.2%

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Always have a look

Today's States

Name
Currency
Price
Volume ( 24h )
Change
Bitcoin
BTC - USD
$9780
$368,645,000
+4.8%
Ethereum
ETH - USD
$305
$224,180,000
-3.2%
Litecoin
BTC - USD
$80
$283,573,000
+2.2%
Name
Brazil
Hungary
Max legal working hours (h/week)
BTC - USD
$305
Statutory paid annual leave (days)
ETH - USD
$305
Min. dismissal notice (days)
BTC - USD
$80
Severance pay /year of service (mo.)
BTC - USD
$80
Maternity leave (wks, % pay)
BTC - USD
$80
Minimum paid vacation days by law
BTC - USD
$80
Public paid holidays per year
BTC - USD
$80
Sick leave: duration & wage replacement
BTC - USD
$80
Sick leave: duration & wage replacement
BTC - USD
$80
Parental leave: weeks & pay
BTC - USD
$80
Employer social-security contribution rate (% of payroll)
BTC - USD
$80

Outsourcing

Delegate administrative workflows to our specialists while you keep strategic control of Brazilian projects.

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Payroll

Accurate, on-time payroll in BRL, HUF or USD, with every tax and benefit calculated for you.

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Compliance

Stay compliant with Brazilian labor, tax and data laws while minimizing corporate risk.

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Recruitment

Source and secure top Brazilian talent using our localized search and screening expertise.

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Complementary Services

Build Your End-to-End Expansion Strategy

Our multidisciplinary team combines HR, legal and finance expertise to ensure your Hungarian headquarters can manage Brazilian operations with ease and total compliance.

Testimonials

Quote
Quote
Rating

Partnering with Wide Brazil has been instrumental in launching our operations in Brazil. Their unparalleled services, considered the best in the country, have enabled us to swiftly onboard new staff. The lightning-fast and comprehensive support they provide has ensured a seamless transition, empowering our success in hiring and expanding. A decision we celebrate every day!

Graça BullaraHR Manager, Averis

Working with Wide Brazil has been a game-changer for our recruitment agency. Their exceptional services, by far the best in Brazil, come at a great price. We're thrilled by their lightning-fast onboarding process and unparalleled support, which have truly elevated our recruitment efforts. A partnership that's redefined our standards!

Thomás Della TorreGlobal Recruiter, Blue Premium

Opting for Wide Brazil proved instrumental in our global EOR endeavors. Their exceptional services streamlined the onboarding of our new workforce in Brazil, while their unwavering support made navigating complex regulations remarkably straightforward. The team’s dedication and expertise transformed our expansion into the Brazilian market into a remarkably hassle-free experience!

Confidential ClientGlobal EOR Firm

Frequently Asked Questions

Still evaluating your Brazil strategy?

Find quick answers below or talk to our consultants.

Do I need a Brazilian entity to hire staff?

No. Wide Brazil acts as Employer of Record, enabling you to hire legally without incorporating locally.

Most employees can be onboarded within five business days once documentation is complete.

Yes, we issue one consolidated invoice in HUF or the currency you prefer while employees are paid in BRL.

From IT and engineering to consumer goods and life sciences, our network spans multiple high-growth sectors across Brazil.