Taxes in Hungary
To assure compliance with all laws, minimize tax liabilities, and enhance the potential of domestic and global activities, take advantage of our comprehensive expertise and effective practices that align with the Hungary regulatory structures.
Tax optimization, value-added tax (VAT), Tax consultation, bookkeeping, tax return, and tax registration are all covered by our tax regulatory solutions.
Tax solutions in Hungary
Compilation and filing of legal tax records, as well as administration of tax responsibility payments to local officials, are handled by the specialists at hungary-company.eu.
Get help communicating with Hungarian tax agencies, state welfare agencies, and insurance companies from the Hungarian expert tax management.
Tax optimization
Get the help to meet your tax requirements by generating tax-related papers such as tax records, statements, and salary estimates through skilled taxation agents.
The tax adviser professionals make the most out of your specific budgetary circumstances within the limits of what is permitted by official regulations by individual economic and revenue taxation planning.
Tax consultation
Tax advisors typically draft customers’ tax returns or offer tips and guidance to assist clients in filing their personal taxes. They respond to customer inquiries, assist them in planning for potential tax issues, and analyze data to assure accordance with official requirements.
VAT registration
The professionals will submit the VAT01 application in collaboration with the company so that the company can easily register for a VAT identification number. The experts provide the full application to approve after it has been finished.
Bookkeeping
Get your financial reporting information record customized to the particular requirements of you and your company with expert bookkeepers. With bookkeeping solutions, keep records of debts and invoices and record all of your company’s economic activities.
Applying for tax return
File for your tax return each year with the assistance of tax pros. The tax department can either produce and file tax returns directly or examine and revise draught tax records produced by the Hungarian tax authorities.
Register as a taxpayer
Register as a taxpayer with help of our tax pros who arrange and send the necessary documentation to the tax office like verification of id, proof of residence, and financial records. If needed, the agents will also represent you in meetings and appointments with the tax office.
System of taxes and fees in Hungary
Hungary’s taxation framework is an intricate system that forms a fundamental part of the country’s economic strategy, striking a balance between generating revenue and promoting growth and investment. This framework includes various types of taxes, each subject to a complicated array of regulations and rates. For businesses, investors, and individuals, a thorough comprehension of this environment is crucial for effective financial management and adherence to regulations.
Tax rates
The table beneath outlines several of the most prevalent types of taxes along with their corresponding rates.
| Tax | Tax Rate |
|---|---|
| VAT | 27% |
| Corporate income tax | 9% |
| Personal income tax | 15% |
| Dividend tax | 15% |
| Capital Gains tax | 9% – 15% |
| Property tax | Varies by municipality |
| Inheritance tax | 9% or 18% |
| International tax | 9% – 27% (vary by tax type) |
| Cryptocurrency tax | 15% + 1.5% Pension Fund Contribution (Total 16.5%) |
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Ensure that business accounts and systems are effectively established, connected, and that make appropriate company choices with experienced bookkeeping solutions.
Bookkeeping
Expert auditors also evaluate sales, maintain inventories, verify data entry represents actual corporate activities, and guarantee that the company complies with federal guidelines. Request our bookkeeping solutions if you are looking for expert bookkeeping consultations and solutions.
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Disclaimer
Tax laws and regulations frequently evolve and can differ depending on personal circumstances. The information presented here is meant for general guidance and may not represent the latest changes. It is strongly advised to seek the expertise of a qualified tax professional for tailored and current advice relevant to your situation.