News

May 14, 2021

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…

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April 7, 2021

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…

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March 5, 2021

VAT of bad debts

The lives of many companies are bitter with bad debts. In some cases, this can be fatal. And it is not enough that the legitimate…

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February 22, 2021

Introduction to Estonia

Over 27 years Leinonen Group has expanded it´s reach to 12 markets around Scandinavia, Baltic States and Central Eastern Europe to help companies by vast…

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February 4, 2021

Banking challenges in Hungary

Sometimes running a new company becomes a nightmare due to the lack of a bank account. In the absence of a bank account, it is…

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January 14, 2021

No News On Minimum Wages

There is no decision yet on the new minimum wages for 2021. The representatives of employers and labour unions did not reach an agreement about…

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January 6, 2021

50% Tax Cut

Local business tax (LBT) can be halved for 2021 for all small and medium-sized enterprises (SME). A recent measure of the government related to the…

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December 20, 2020

Online Invoice 3.0

The third phase of the online data transmission of sales invoices goes live on 1 January 2021. The National Tax and Customs Authority (NAV) implements…

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December 9, 2020

Special Regulations Extended until 11 January

The first 30 days of the state of emergency will expire soon. Since we are not over the hardest period of the pandemic yet, the…

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