News

Hungary’s VAT reporting system is facing a significant transformation. According to plans announced by the Hungarian Tax Authority (NAV), the General Form Filling Framework Program (ÁNYK) will be phased out

The planned wealth tax is currently one of the most widely discussed economic topics in public debate. Based on information published in the media, the new tax is expected to

Our clients regularly need a so-called “tax clearance certificate” issued by the Hungarian Tax Authority (NAV). Many people still remember this process as time-consuming and complicated, requiring separate applications and

KIVA The Small Business Tax (KIVA) has long provided a stable and predictable alternative to corporate income taxation, particularly for businesses with labor-intensive operations. With its 10% tax rate, KIVA

More and more companies approach us with the same situation: their auditor is retiring, going into pension, or concluding a long and successful professional career. In many cases, this marks

This is one of the most common questions we receive from foreign companies when they are considering entering the Hungarian market and are only thinking about hiring employees or VAT

Sooner or later, many business leaders reach a point where they start considering changing their accountant or payroll provider. Sometimes there is a clear issue behind it: the accountant is

The Deadline for Annual Financial Statements If your company does not apply a different financial year, then May 31 is an important date every year: this is the deadline for

Businesses are generally not established for the short term; the goal is operation, growth, and development. No one starts a company expecting to shut it down after a few years.

Efficient Support for Everyday Financial Administration One of the most difficult areas to manage in a company’s operations is the practical side of finance. Not necessarily because of the numbers

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

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