As of July 1, 2025, cash payment is becoming a constitutional right in Hungary. This means that apart from specific cases, Hungarian businesses are required to make it possible for…
Tag: Compliance
How to store electronic invoices in Hungary
From July 1, 2025, electricity and natural gas providers in Hungary can send only e-invoices to their B2B clients. If your business has such a contract, it is time you…
Tax returns in Hungary in 2025
If you are a tax resident in Hungary, you have until May 20, 2025 to submit your tax returns for the year 2024. If you have an Ügyfélkapu or DÁP…
How to pay your business taxes in Hungary?
When you operate a Hungarian company, you will have to pay business taxes in Hungary. While your accountant can calculate the taxes you need to pay, it is you (or…
Can I put my own money in my Hungarian company?
You can use your personal money to provide the share capital of your Hungarian company. Once that is done, however, your own money and the company’s money are separate, and…
What is FEOR in Hungary?
FEOR in Hungary is the standard classification of occupations. You will need it when you report a new hire to the Tax Authority, and it is used to make statistics…