The manufacturing and industrial production sector presents complex financial and accounting challenges, particularly for multinational corporations’ subsidiaries in Hungary. Our clients include manufacturing companies operating nationwide, with a strong presence in the automotive supply chain. However, our expertise extends far beyond this sector, covering a diverse range of industries.

In this field, precise cost calculation is essential, as manufacturing processes and pricing strategies rely on accurate financial data. Additionally, collaborations with related entities often involve complex financing and cost allocation structures, including management cost recharges, supplier and customer relationships, and transfer pricing policies.

To navigate these challenges effectively, up-to-date tax and financial expertise is crucial, especially in areas such as transfer pricing, global minimum tax, and intercompany regulations.

Our Services Include:

✔ Audit services, ensuring the accuracy and compliance of financial statements
✔ Accounting and reporting solutions, tailored to industry-specific requirements
✔ Payroll and HR support, designed to accommodate the unique employment structures in manufacturing
✔ Tax advisory and transfer pricing documentation, ensuring optimal tax planning and regulatory compliance

For manufacturing companies, maintaining a transparent financial structure, accurate cost calculations, and minimizing tax risks is critical. Through our MGI Worldwide network, we help our clients achieve international compliance and transparent financial reporting that meets market expectations.