VAT advisory services

VAT assessment of international transactions

Our experts are ready to help you assess planned or already completed transactions in the VAT system. Through our network, we can also assist you in handling the transaction in another country. In practice, a number of practical issues may arise in connection with international transactions, so we help with VAT issues related to contract work, events, customer inventory, and the movement of own goods.

Chain transactions

A chain transaction is a special form of sales where several consecutive transactions take place, but the product physically goes directly from the first seller to the last buyer, so tax risks and liabilities affect several countries and all intermediaries. The VAT treatment of such transactions is governed by EU directives, and correct accounting is often only possible by interpreting the tax rules of all parties and countries involved together.

Due to the complicated regulation, it is worth using expert support to ensure that the company’s cross-border transactions are carried out legally and risk-free, avoiding fines resulting from misinterpretation of the law. Our experts accompany the entire process of the transaction, check the position of the participants, review the relevant domestic and international rules, support VAT settlement, and, if necessary, prepare tax returns and official documentation.

EKAER consulting

The EKAER system may affect all companies that carry out road transport and transport products subject to the toll in accordance with the parameters specified in the decree. The notification obligation may apply to the following three cases:

• for the purchase of goods from another Member State of the European Union to the territory of Hungary or for the import of products for other purposes;
• for the supply of goods or for other purposes from the territory of Hungary to another Member State of the European Union;
• for the first taxable supply of goods in domestic traffic, not to an end user.

We provide advice tailored to your company in connection with the EKAER system.

VAT registration in Hungary and abroad

We determine whether our client is subject to VAT registration in Hungary, and if so, we obtain the tax number, then compile the monthly/quarterly returns and represent our clients during tax audits.

With the help of our international ETL tax advisory network, we can also contribute to the foreign VAT registration of Hungarian companies.