The current value limit when a fixed asset can be expensed instantly is HUF 100,000, approx. EUR 300. Assets below this limit do not have to be depreciated over several years but can be simply posted as current expense of the company, decreasing the profit and the corporate income tax.
The value limit will double in 2019 to HUF 200,000 (EUR 600), and a lot of assets will be involved. IT equipment, mobile phones, furniture, and many other items are on this list.
The Széchenyi Recreation Card, commonly known as the SZÉP Card, is the most widely used employee benefit in Hungary. For foreign-owned companies setting up or…
When a foreign investor sets up a Hungarian subsidiary, the launch checklist usually focuses on incorporation, banking, and the first operational steps. Hungary’s digital administration…
From 1 February 2026, restaurant catering provided as a representation benefit is partially tax-exempt in Hungary. Government Decree 10/2026 introduced this change to support the…
