Tax, VAT and Fiscal representation

VAT registration in Hungary

Foreign companies (taxable persons) doing business in Hungary (e.g.: importing goods into Hungary or supplying goods from Hungary or to Hungary) may have an obligation to register for VAT (VAT ID) in Hungary. Typically you might need a VAT ID and therefore a VAT registration in Hungary, for example, in the following cases:

• You purchase and sell goods in Hungary;
• You import goods into Hungary from outside EU or bring in goods from another EU country;
• You supply goods from a warehouse in Hungary;
• You transport your own goods to Hungary from another EU country or remove your own goods from Hungary to another EU country (some exceptions apply);
• You deliver goods on a turn-key basis (supply goods with installation or assembly) in certain circumstances;
• You receive entrance fee for conference, exhibition or training in Hungary;

If you failed to register for VAT in the past but wish to remedy it now, it is possible to register with a retrospective effect date and submit your VAT returns retroactively.

How can we help you with your Hungarian tax number?

RSM Hungary can help you to determine your VAT registration obligation and register you for VAT in Hungary, if you need it. We can prepare and submit VAT registration on your behalf and will arrange for the necessary translations of the VAT registration documentation from most European languages to Hungarian.

Once you have your VAT number, we will prepare and submit VAT returns on your behalf and can represent you in front of the tax authority as your ‘Tax Agent’.

We are the leading fiscal representative service provider in Hungary, launched its international fiscal representation service in Hungary in 2004. As a result of our organic growth and the professional experience accumulated during the years, today we have a highly skilled expert team with a good command of foreign languages working on these assignments.

Our services:

Through the solid international background of RSM International our International Tax Representation services enable our clients to gain actual business advantages.

• related to their Hungarian operations: as their fiscal representatives or tax representatives, we are taking over all their tax liabilities, including representation and participation on tax audits;
• during their operations abroad: for Hungarian companies carrying out imports or stock sales in another country.