Doing business in Hungary

Doing business in Hungary

Demystifying Hungarian VAT: A Comprehensive Guide to the Hungarian VAT Compliance, E-VAT, E-invoicing, and Real-Time Reporting

๐ŸŒ Unlocking Business Success in Hungary: Navigating VAT Dynamics and Digital Innovations


Embark on a journey into the heart of Central Europe's economic hub with our exclusive lecture on "Doing Business in Hungary." Join us for a captivating exploration into Hungary's business landscape, with a spotlight on the intricacies of Hungarian VAT, e-VAT, e-invoicing, and real-time invoice reporting.


๐Ÿ“ˆ Key Highlights:

1. HungarianVAT Unveiled: Gain comprehensive insights into Hungary's VAT system, understanding its nuances and strategic implications for your business operations, including topics such as VAT rates, VAT registration requirements, and filing procedures. Discover how to calculate and remit VAT in Hungary, ensuring compliance and avoiding potential penalties. Understand Hungarian VAT simplifications schemes, how to recover input VAT and more generally Dos and Donโ€™ts of doing business in Hungary.

2.E-invoicing and Real-Time Invoice Reporting Mastery: Learn how real-time invoice reporting is reshaping compliance, providing businesses with a proactive approach to regulatory requirements. Grasp the concept of real-time invoice reporting, a system that facilitates the immediate submission of invoices to the Hungarian tax authorities. Discover its cornerstones, benefits, implementation guidelines, and compliance implications.

3. Digital VAT Transformation: Explore the realm of newly introduced e-VAT system(effective from 2024), a web-based platform that streamlines the submission of VAT returns and communication with the Hungarian tax authorities and discover how Hungary's embrace of digital innovations is revolutionizing traditional invoicing and VAT reporting methods.


๐ŸŒ Why Hungary?

Discover why Hungary is a prime destination for international business, boasting a strategic location, a skilled workforce, and a vibrant economic ecosystem.


๐Ÿ” Who Should Attend:

-Entrepreneurs and Business Owners

- Finance and Accounting Professionals

- GlobalBusiness Strategists

-Professionals Interested in Expanding Their Business Presence in Hungary


๐Ÿ—“๏ธ Save the Date:

Unlock the secrets to successful business operations in Hungary on 1 February 2024. Don't miss this opportunity to gain invaluable insights and connect with industry experts.



Written by:
Daniel Sztanko
Director, Indirect Tax services

With many happy clients, we can assure you that our advice will guide your problems in the right direction. We would love to get to know your business.

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