The application of preferred shares at a Hungarian company can obscure the ultimate beneficial owner of the business. This can protect their privacy, but it decreases transparency and might attract…
Blog
Toll stickers for your Hungarian company car
In Hungary, most highways are toll roads, meaning you need to pay a toll while driving them. That is done easiest by buying a toll sticker for the vehicle, which…
Wine products no longer subject to representation tax in Hungary
Starting from the middle of November 2023, wine products sold by vineyards will be exempt from representation tax in Hungary. The decision is expected to give a boost to the…
Hungarian pension tax records accessible online
As part of the electronic administration in Hungary, personal pension tax records are available for review online. With your Ügyfélkapu access, you can log in to the database of the…
Hungarian Tax Authority conducts more tax inspections
The number of yearly tax inspections conducted by the Hungarian Tax Authority has been steadily increasing over the past few years. The most popular tax inspected continues to be VAT,…
How to present the ownership structure of your Hungarian company?
You are required to present the ownership structure of your newly created Hungarian company when you are registering it for various services. This is easiest done in the form of…