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Baltic tax rates from 1 January 2022
Estonia Latvia Lithuania Corporate income tax (CIT) rate CIT is payable upon profit distributions (the deemed profit distribution). The CIT rate is 20%, calculated…
Special Work Schedule in 2022
There is a unique tradition in Hungary related to public holidays that is ususally strange for most of the foreigners. However, it must be adhered…
3 interesting data about the hungarian economy
We are experiencing a growing interest in investment opportunities in Hungary. Many European and overseas companies are planning to set up, expand, or even relocate…
3 Special Features Of Employee Benefits in 2021
For three reasons, it is really worth using the possibilities provided by the Széchenyi Recreation Card now. The most popular benefit system is connected to…
OSS and iOSS: new VAT registrations in Hungary
This is the third part of our series on the VAT registrations in Hungary. Hungary extends the OSS regime of the European Union to all…
VAT Registration of Foreign Companies
This is the second post about VAT registration in Hungary, discussing the issues of foreign companies. Why To Register To VAT? A foreign company might…
VAT Registration of Hungarian Companies
This is the first of two posts about VAT registration in Hungary. This article highlights basic aspects of VAT registration of Hungarian companies. Registration of…
Annual Reports in Hungary
The financial statements are often called annual reports in the business language. The accountants, however, prefer the name financial statements (FS). They include a lot…
No Excuse On Online Invoicing
As of April 1, the immediate, automatic transmission of invoices to the tax authorities is fully operational. Almost all the data of practically all issued…