April 21, 2026 | Author: László Killik Managing Director, Partner – MGI‑BPO
According to the latest news, an agreement is close to being reached: approximately HUF 92 billion in funding may become available to Hungary from the Norway Grants. The planned launch
April 14, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
More and more mid-sized companies use SAP Business One (SAP B1) to support daily operations, inventory management, and sales. In such cases, a common question arises:how can an external accounting
April 7, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
The following overview provides a summary of the most important aspects of company formation in Hungary. What types of companies can be established in Hungary? The most commonly chosen company
March 31, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
From early 2026, the tax rules related to hospitality for representation purposes have significantly changed. Under certain conditions, businesses may now use restaurant or confectionery services tax‑free — a major
March 24, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
The deadline for submitting personal income tax (PIT) returns is approaching on May 20, and all taxpayers can now review their draft tax returns. The drafts are already available on
March 10, 2026 | Author: László Killik Managing Director, Partner – MGI‑BPO
For many company leaders, an audit is synonymous with endless data requests. Yet there is a perspective of the process that rarely gets mentioned—although it is by far the most
February 10, 2026 | Author: MGI-BPO
At MGI-BPO, we have always considered it essential to present our profession authentically and to support young talents. We believe that high-quality advisory work is built on a professional environment
February 3, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
Government Decree No. 10/2026 – published in Issue 12 of the Hungarian Gazette – amended certain provisions of the personal income tax and social contribution tax acts as of 1
January 20, 2026 | Author: László Killik Managing Director, Partner – MGI‑BPO
Accounting, Payroll and Reporting in Practice In an internationally owned subsidiary, accounting and payroll are far more than administrative tasks. They are the foundation of trust between local management and
January 13, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
An increasing number of Hungarian professionals are being offered opportunities by foreign companies to work for them remotely from Hungary. In such cases, important questions arise: In which country is
