Numerous subsidies and tax allowance forms partially backed with European Union aid resources are still available in Hungary. For investment projects; however, we also highly support to always consider the taxation impacts carefully and not to forget about the potential related tax allowances – for which LeitnerLeitnter offers its professional assistance for tax optimization and allowance claims.
Hungary applies numerous other business related
taxes such as sectoral taxes or surtaxes, local taxes, duties, environmental
and health care taxes. This guideline provides for a short summary of them.
Keep in mind, that taxation in Hungary is a swiftly and often changing area,
especially in the category of smaller, sector related taxes. We highly
recommend hiring professional tax advisors in order to meet the expectations of
the tax authority and avoid charges. Please contact us for more information!
In this guideline we will provide detailed
information about the legal forms of doing business in Hungary. If you have
questions about the discussed topic or about taxation in general, don't
hesitate to contact us! We are dedicated to help our clients with our high
quality, tailored services to find the best economic solutions in setting up
their business in Hungary.
In this article we will provide detailed information about the basics of accounting, financial reporting and auditing in Hungary.
Undoubtedly,
2023 will be a great challenge again for multinational companies, not least because
of the latest adjustments to transfer pricing rules. The new obligations are known
in detail and effective now; thus, affected companies must apply them as soon
as possible.
