On 1 July, the new online data transmission system of NAV (National Tax and Customs Administration) went live, and millions of invoices have been registered since then. There was a one-month trial period without penalties, but in August it is fully working.
Our clients have prepared for it in time and are working according to the latest legal regulations.
Hungary applies a single flat corporate income tax (CIT) rate of 9%, the lowest standard rate anywhere in the European Union. The rate has stood…
Proper planning is key to every successful business activity. While certain payroll schemes are similar across markets, labour costs and taxation are unique to each…
Value added tax (VAT) applies to most goods and services bought and sold across the European Union. While the EU sets standard rules, each member…
