Other Tax Liabilities

Environmental protection product tax may arise from importing certain product types or packaging materials for goods or products from abroad. If the company becomes taxable, it results in a registration, tax return filing and record-keeping obligation. Our colleagues can provide assistance in determining whether the company has an obligation to pay product tax after packaging. If yes, our experts will help set up the record-keeping system, complete the registration process, and, based on the records, prepare the quarterly tax returns.

Preparing the personal income tax return of private individuals can also be an administration that requires professional assistance if the tax return draft prepared by the tax authority is not available or is not comprehensive, i.e. does not cover all income types. In addition, in case of individuals working in Hungary as part of a foreign assignment, since there is no Hungarian taxpayer to provide data for the tax return draft, the individuals must prepare the tax return themselves.

In such cases, our consultants are happy to help Hungarian, and expat individuals, assigned to Hungary by non-Hungarian businesses,, in preparing their tax returns.

Registering or switching to SME corporate tax is not always recommended or possible for companies. However, there are a number of cases in which the SME corporate tax proves to be a better tax opportunity than corporate tax. Based on the client’s operational and management characteristics our experts examine whether this tax type can be applied, they calculate the achievable tax benefits, and if requested, assist in carrying out the transition.

Companies often do not pay enough attention to the preparation of classification required by law with regard to small and medium-sized businesses, or to the registration and administrative obligations of related companies. However, these classifications and the examination of the related business relationships are important in terms of several tax types and administrative obligations.

Based on the relevant legislation, our colleagues provide assistance in the determination of the suitable classification, and in the assessment and the administration of the registration obligations of related parties.

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Tax authorities audit taxpayers, typically on pre-determined areas and they do it regularly. Thus, it is a fundamental interest of taxpayers that a specialist providing professional and efficient representation acts during the audit process. Our Company undertakes to represent clients before tax authorities with regard to several tax types, and not only during tax audits of course.

Based on the effective legislation, a foreign employer that is not required to be registered in Hungary may be subject to social security taxes with regard to the income of the individual generating a basis for contribution. As the foreign company fulfills this tax liability itself, the company is required to register at the Hungarian tax authority. The registration obligation of foreign businesses related to employment in Hungary, as well as the request of different identification numbers of employees can be handled by means of an authorization as well, so our colleagues will be happy to help with this administration process.

It is mandatory for economic entities to create a Company Gateway account that allows electronic communication. Our experts provide assistance in creating the account, and, if requested, we will also monitor the inbound messages through the portal, and we forward mails received to the addressees on a daily basis.