Our Services
Tax Compliance
Tax compliance today involves far more than the timely submission of tax returns. With tax legislation constantly evolving, administrative obligations becoming increasingly complex, and tax authority expectations continuing to expand, it is essential for businesses to ensure that their tax processes are accurate, timely and fully compliant with the applicable legislation.
How can we help?
Tax compliance can affect virtually every aspect of a business. Establishing appropriate tax processes, accurately fulfilling tax filing obligations and keeping track of changes in the regulatory environment all contribute to keeping tax risks under control and ensuring predictable business operations.
Tax Compliance
We help businesses ensure that their tax processes comply with applicable regulations and that all required tax filings and data reporting obligations are completed accurately and on time.
Managing Tax Risks
We identify potential risks within tax processes and recommend practical solutions that not only support compliance but can also be effectively integrated into the business's day-to-day operations.
Tax Compliance in Day-to-Day Operations
A company's tax obligations extend beyond the submission of tax returns. The tax treatment of individual transactions, the establishment of appropriate record-keeping processes, the handling of tax authority enquiries and the continuous review of tax processes are all important elements of effective tax compliance.
VAT Compliance
VAT Registration and VAT Obligations
We assist businesses in determining their VAT registration obligations, handling the related registration procedures and preparing the necessary documentation.
Tax Returns and Data Reporting
We assist with the preparation, review and submission of VAT returns, EC Sales Lists and other mandatory data reporting obligations.
Review of Tax Processes
We review the company's VAT processes, identify any potential deficiencies and recommend improvements to establish more efficient and compliant operations.
Tax Digitalisation and Automation
We support our clients in the digitalisation of tax processes, including the use of the eVAT, eReceipt and Online Invoice systems, as well as the implementation of digital data reporting and automation solutions.
In addition to our VAT compliance services, should you have any questions or issues relating to VAT, our experts are at your disposal through our VAT advisory services.
Global Minimum Tax Compliance
GloBE Taxpayer Registration
We assist companies subject to the global minimum tax rules in determining and fulfilling their taxpayer registration and notification obligations with the tax authorities.
Tax Advance Return and Safe Harbour Reliefs
We assist with the preparation and submission of tax advance returns, including the determination of the relevant tax base and tax rate. In calculating the tax base, we assess the availability of Safe Harbour reliefs and opportunities to simplify the required documentation.
Tax Return-Related Obligations
We assist with the preparation of the company's tax return based on previously submitted tax advance returns and assess the implications of any changes that may have occurred.
GIR Filing
We support our clients in fulfilling obligations related to the GIR filing, regardless of whether the GIR information return is submitted in Hungary or another jurisdiction.
In addition to our global minimum tax compliance services, our experts provide support in addressing global minimum tax-related questions and tasks, including interpretation issues, specific tax situations and the practical application of the rules.
EPR Compliance
Assessment of EPR Obligations
We assess whether EPR obligations arise based on the company's activities and the products it sells, and determine the resulting obligations under the applicable legislation.
OKIR Kapu Registration and Deregistration
We assist with registration in the OKIR Kapu system to fulfil EPR obligations and, where such obligations cease to apply, with deregistration and the related administrative tasks.
Review of EPR Practices
We review the company's EPR practices in light of changes in the regulatory environment, product portfolio and business partners, and identify any discrepancies or potential risks.
EPR Returns and Data Reporting
We assist with the preparation of EPR returns and data reporting, the classification of products for EPR purposes and the determination of the applicable fee codes, as well as the collection and review of the data required for reporting.
In addition to our EPR compliance services, our experts are available to assist with EPR obligations and complex matters, from interpreting regulatory requirements and classifying products to applying the rules in practice.
Corporate Income Tax Compliance
Assessment of Corporate Income Tax Obligations
We assess the company's activities and, based on its accounting documentation, determine the rules relevant to its corporate income tax obligations, while identifying applicable tax base adjustments and tax planning opportunities.
Corporate Income Tax Return Preparation
We assist with the preparation of corporate income tax returns, the determination of the tax base and tax payable, as well as the fulfilment of related data reporting and other compliance obligations.
Tax Planning and Tax Incentives
We assess the corporate income tax base reductions, tax incentives and other tax opportunities available to the business, and provide professional support in their appropriate application and documentation.
R&D Activities
We assess the company's research and development projects and activities to determine whether they meet the applicable statutory requirements and identify the available corporate income tax base reductions and tax incentives. We support the tax classification of R&D projects, the review of related documentation and the appropriate application of available tax opportunities. Further information on the comprehensive assessment of R&D projects and our advisory services is available through our R&D advisory services.
In addition to the corporate income tax compliance services outlined above, our experts provide support with complex corporate income tax matters, including the optimisation of the tax base and tax incentives, as well as identifying and practically applying tax opportunities related to research and development activities.
Ongoing Professional Support
The tax environment is constantly evolving, meaning that maintaining compliance is not a one-off task. Changes in legislation, new business processes and developments in a company's operations may all require the tax processes in place to be reviewed and updated.
01
Changing Regulatory Environment
We monitor relevant tax developments and support their practical implementation to help ensure that the company's operations remain aligned with current requirements.
02
Practical Solutions
Our aim is not merely to explain regulatory requirements, but to develop tax solutions that can be effectively implemented in the company's day-to-day operations and sustained over the long term.
03
Long-Term Cooperation
Through ongoing professional support, we help ensure that tax compliance remains predictable in the long term and that emerging questions are addressed with appropriate solutions in a timely manner.
Frequently Asked Questions
We have collected the questions most frequently raised in relation to tax compliance, tax filing obligations and related tax processes.
Is Hungarian VAT registration required if a foreign company sells to Hungarian customers? +
Not every sale made to a Hungarian customer automatically gives rise to a Hungarian VAT registration obligation. Determining the obligation requires an assessment of the type of transaction, its place of supply, the VAT status of the customer and, where relevant, which party is liable to account for VAT.
Can eVAT replace the preparation of a VAT return? +
eVAT can significantly support the preparation of a VAT return, but the data made available by the tax authority does not necessarily cover all data relevant to the company's VAT obligations. Therefore, even when using eVAT, it is important to reconcile the company's own records with the data available from the tax authority.
If a company qualifies for Safe Harbour, does it have no further GloBE compliance obligations? +
Not necessarily. The application of Safe Harbour must be properly substantiated, and notification, tax advance and data reporting obligations related to the global minimum tax may still apply.
Which corporate groups are subject to the global minimum tax rules? +
The global minimum tax rules primarily apply to multinational enterprise groups and large domestic groups meeting the specified revenue threshold of EUR 750 million. Therefore, determining whether a company is in scope requires consideration not only of the Hungarian entity's standalone revenue, but also of the data and structure of the group as a whole.
How is a product classified for EPR purposes? +
For EPR purposes, the product and its components, as well as the nature of the sale and the company's role in the transaction, may all be relevant. Correct classification therefore often requires a detailed review of the product and transaction, particularly in the case of complex products or multiple types of packaging.
What tax opportunities can arise from properly identified R&D activities? +
The proper identification and documentation of R&D activities can provide a basis for assessing various tax opportunities. For example, subject to specific conditions, the corporate income tax rules may allow a reduction of the tax base in connection with R&D activities, while additional tax incentives may also be available in certain cases.
Do you have questions about your tax obligations?
Are you unsure whether your business is properly fulfilling its tax obligations, or do you have a question regarding the tax treatment of a specific transaction? We can help you interpret the applicable rules, identify potential risks and develop practical solutions that can be effectively implemented in your business.