Friday, 26 August 2022 16:50

Hungarian VAT registration: what you need to know

Hungarian VAT registration Hungarian VAT registration pixabay

Hungary is a prosperous European country located in the center of the continent, conducive to the creation of the most lucrative businesses.

This territory has a broad mentality that allows foreign investments to efficiently develop the best ideas. In Hungary today it is possible for a foreign company to do business in this country without establishing a Hungarian company or any other commercial presence.

In this specific case, you are obligated to carry out a Hungarian VAT registration. This mandatory procedure complies with the legal requirements of the European Union VAT. The key is that you are well advised, so that you are then only concerned with doing good business.

Hungarian VAT registration is a routine administrative process, especially if your company comes from another EU country. When incorporating a Hungarian company, you will receive a general tax identification number, which is also valid for VAT purposes. This means that you do not need to register a separate VAT number.

FirmaX has a team of tax and administrative experts who will guide you efficiently through the whole process of VAT registration of your company on Hungarian territory. If you are going to do business in Hungary, it is convenient that you meet all the requirements to develop your projects successfully.

FirmaX provides VAT registration service in Hungary, which includes the following benefits: identifying whether VAT registration is required or not, as there are exceptions, preparing the VAT registration form, arranging the signing of the required VAT registration forms, submitting the VAT registration application, coordinating the VAT registration with the tax authority, providing tax advice regarding VAT registration.

Your company must follow all the steps proposed by FirmaX experts, that guarantees that the procedure is well done. Once your company has fulfilled the requirements, you will be able to work on what you are most interested in: doing good business in Hungary.

Hungarian VAT registration is a routine procedure that must be fulfilled in order for foreign entrepreneurs to build a good business base in this country. Hungary is a prosperous nation, flexible and open to the creation of successful businesses in its territory. FirmaX has a team of tax experts to guide foreign entrepreneurs on tax and legal issues in Hungary. If you are well advised, the better chances you will have to build prosperous projects..

If you have any doubts, you should know that FirmaX offers a free initial consultation, either in person, by phone or by e-mail.

  • Budapest restaurants - gastronomic experiences in the heart of the capital
    Budapest restaurants - gastronomic experiences in the heart of the capital

    Budapest is an increasingly popular destination for foodies, and for good reason. The city's restaurants, bistros and wine bars offer an impressive variety and quality. Whether it's fine dining, authentic Hungarian cuisine or the atmosphere of a modern bistro, the gastronomic map of Budapest is full of exciting possibilities.

    Written on Tuesday, 14 January 2025 15:12 in Travel Read more...
  • The Ultimate Guide to Tackling Post-Party Stains: Wine, Grease, Coffee, and Pet Messes
    The Ultimate Guide to Tackling Post-Party Stains: Wine, Grease, Coffee, and Pet Messes

    Hosting a party can be a lot of fun, but cleaning up afterward? Not so much. Whether it’s the red wine stain on your favourite sofa or pet hair scattered across the cushions, dealing with party messes can feel overwhelming. The good news is, you don’t have to panic. Most stains can be cleaned up quickly with a bit of know-how and the right tools. In this guide, we’ll walk you through how to handle some of the most common party stains that tend to show up on your upholstery. From wine and coffee spills to greasy food stains and even pet accidents, we’ve got you covered.

    Written on Friday, 27 December 2024 14:52 in Hause | Family Read more...
  • How Building Estimating Services Save Time and Money for London Developers
    How Building Estimating Services Save Time and Money for London Developers

    Building estimating services have become an indispensable tool for developers in London. In a city known for its fast-paced construction projects and high competition, the ability to accurately estimate costs and manage budgets can make or break a project. These services provide detailed cost analyses and material breakdowns, ensuring that developers have a clear understanding of what their projects will entail financially.

    Written on Thursday, 12 December 2024 11:36 in Business Read more...
  • Percentage Calculator – A Quick and Convenient Online Tool
    Percentage Calculator – A Quick and Convenient Online Tool

    The Percentage Calculator is a simple yet highly practical online tool for calculating percentages. It is especially useful for those who frequently need quick calculations for finances, studies, or everyday expenses.

    Written on Tuesday, 19 November 2024 14:41 in Business Read more...
  • Bow Tie Shirt
    Bow Tie Shirt

    The bow tie shirt is a timeless and elegant fashion choice that brings together two classic elements: the refined charm of a bow tie and the crisp sophistication of a shirt. Whether it's for formal events, business meetings, or stylish evening gatherings, the bow tie shirt combination has long been a symbol of style and confidence. Although traditionally associated with men’s formalwear, in recent years, it has also found its way into women’s fashion, offering versatility and flair to anyone looking to elevate their outfit.

    Written on Saturday, 26 October 2024 15:43 in Fashion Read more...