All about Real-Time Invoice Reporting

2025.04.29

Implementation of a new ERP System: Tax and accounting pitfalls to watch out for

The implementation of a new ERP system is not merely an IT project, but a complex transformation that affects nearly every operational area of a company. This is especially true when the ERP system is provided by a foreign parent company and needs to be adapted to the Hungarian regulatory environment. The key to a successful implementation lies in thorough planning, well-thought-out processes, and, last but not least, the involvement of appropriate expert support – particularly in the areas of taxation and accounting.

Zoltán Balogh

2025.04.22

NIS2 Compliance for Organizations with Minimal Business Operation

Under the Hungarian NIS2 regulation, organizations may also fall within the scope even if the business operation or the number of employees is limited, but the entity’s revenue or sectoral relevance meets the thresholds set out by the legislation. A typical example would be a solar park operator that employs only a few individuals, yet qualifies as a NIS2-regulated entity due to its high turnover or critical role within a key sector.

Ottó Bulátkó

2025.04.17

Changes to late payment penalty imposed by the tax authority from 2025

From 2025, the Hungarian tax authority introduces a new system for imposing late payment penalty: instead of an annual one-time charge, late payment fee is charged monthly on the tax account. This means that the fee on late tax payments is calculated and collected for each month.

Levente Almási

2025.04.10

Acquisition – A Game of Price and Emotions

The focus of company acquisitions is always on the price, but transactions are not solely determined by rational financial decisions. The emotional attitudes, intuitions, and psychological biases of sellers and buyers can significantly influence the process. Let’s take a look at the two main pricing methods and the psychological factors that must be considered for a successful transaction.

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Implementation of a new ERP System: Tax and accounting pitfalls to watch out for

NIS2 Compliance for Organizations with Minimal Business Operation

Changes to late payment penalty imposed by the tax authority from 2025

Acquisition – A Game of Price and Emotions

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