VAT compliance services

Foreign companies may need to be registered and to file VAT returns in connection with their Hungarian business activities. Our tax consultants assist you in the whole process including registration, preparation of tax returns and representation during tax audit.

We offer our services to foreign entities that do not have a local subsidiary or branch office in Hungary but are engaged in a VATable business activity in Hungary. Typical subject of VAT registration are the following activities in Hungary:

• Organising an event, conference, sport event
• Establishing a building
• Sale of goods with installation
• Chain transactions
• Sales of toolings
• Rental or lease of goods from EU or non EU countries
• Companies who are not registered for OSS system

What are your benefits?

• using our services you do not have to worry about your Hungarian tax matters,
• you can reclaim the input VAT relying on the accurate and reliable professional information provided by us,
• you can avoid penalties and eliminate subsequent modification of invoices and self-revisions.

What we do

1. VAT registration

• Advising whether your business needs to register in Hungary or potential simplifications
• Coordinating the documentations required for the VAT registration,
• Communicating with the tax authority to have a successful VAT registration
• We can provide fiscal representation service for companies from non-EU countries
• Retrospective VAT registration is also possible, when necessary because of earlier activities in Hungary

2. VAT compliance

• After the VAT number is published, we overtake all filings of the client
• VAT Returns, ECSL (VIES) and Intrastat returns are filed through our office
• We continuously monitor the Hungarian tax legislation and inform you about relevant changes for your business
• If any other tax, fee or obligation (like real-time invoice reporting) might arise, we will inform you about the actions required
• We can also represent your company in case of tax audit, if required

After reviewing the documents, we undertake to conduct professional consultations.