DEADLINE! Reclaiming VAT for foreigners in Hungary
szept 12
DEADLINE! Reclaiming VAT for foreigners in Hungary
 Businesses from countries outside the EU do not have to waive Hungarian VAT either!
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The deadline for reclaiming VAT paid abroad is approaching
aug 28
The deadline for reclaiming VAT paid abroad is approaching
To help make the process smoother, we have summarized the most important details and practical information below.
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VGD Hungary Audit and HLB Hungary to merge
aug 27
VGD Hungary Audit and HLB Hungary to merge
VGD Hungary Audit and HLB Hungary to merge
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Fiscal Representation: For Whom and Why?
aug 23
Fiscal Representation: For Whom and Why?
In the complex environment of cross-border activities, the fiscal representative plays a key role. But for whom and why?
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Further changes in the summer tax package
aug 01
Further changes in the summer tax package
Changes: involving social security contribution tax, corporate tax, special tax for credit institutions and financial enterprises, financial transaction tax newly introduced defense contribution.
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VGD Hungary and WTS Klient will combine their strengths through establishing an even more powerful marketplayer
júli 26
VGD Hungary and WTS Klient will combine their strengths through establishing an even more powerful marketplayer
The legal merger of the companies is planned to take place from 1 January 2025, so VGD Hungary Tanácsadó Kft. will be merged into WTS Klient Kft. on this date.
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Stricter real time invoice reporting and transfer price fines from August 1!
júli 25
Stricter real time invoice reporting and transfer price fines from August 1!
The increase in the level of fines reflects both the inflation of money and a more radical intention of economy whitening.
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VAT refunds for foreigners: New opportunities for foreign businesses following the Court of Justice of the European Union ruling!
júli 10
VAT refunds for foreigners: New opportunities for foreign businesses following the Court of Justice of the European Union ruling!
Foreign businesses that receive an invoice containing Hungarian VAT for services or goods purchased in Hungary and do not have a Hungarian tax number can claim back VAT through a special VAT refund procedure.
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VAT registration obligations for event organizers - the following changes are expected from 2025!
júli 02
VAT registration obligations for event organizers - the following changes are expected from 2025!
VAT registration will be required for foreign event organisers who organise events and exhibitions for Hungarian private individuals where participation takes place virtually.
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