Accounting services

Accounting Services in Budapest | Reliable Accounting Firm for International and Local Clients

Professional accounting and tax services for SMEs and international companies in Hungary.

MGI-BPO is a trusted Budapest-based accounting firm with over 20 years of experience in financial administration, accounting, payroll, and tax advisory. We serve both Hungarian businesses and foreign-owned companies operating in Hungary. Whether you need basic bookkeeping or complex financial reporting, our expert team ensures compliance, clarity, and proactive support – in Hungarian and English.

Our Core Services – Full-Service Accounting in Hungary

  • Bookkeeping – supplier and customer invoices, bank transactions, asset records

  • Monthly and Annual Closings – reconciliations, statutory reports

  • Payroll & HR Administration – full payroll processing and social security handling

  • Tax Compliance – VAT, corporate income tax, local business tax, sectoral taxes

  • Audit Assistance – support during statutory or group audits

  • Financial Reporting Packages – customized for management and parent companies

  • International Accounting – full compliance for foreign-owned subsidiaries

  • Accounting Restoration – correction of previous errors and missed filings

Why Clients Choose MGI-BPO

  • 🕒 Over 20 years of experience in Hungarian accounting and tax

  • 🌍 International mindset with English-speaking support

  • 👥 Full expert team instead of one-person accounting

  • 💡 Transparent communication and reporting tailored to your needs

  • 🔄 Smooth transitions when switching from another provider

  • 💼 Familiarity with Kulcs-Soft, SAP Business One, and other systems

At MGI‑BPO, accounting is not just about posting invoices — it’s about collaboration, responsibility, and support

How do our clients usually approach us?

Most inquiries start with a company wanting to finally understand its numbers, receive quick answers, and feel confident about the security of its operations. When choosing an accountant, we are not simply looking for a service provider, but for a professional partner we can rely on in the long term. That is why our range of services is always shaped flexibly, tailored to our clients’ specific needs.

Which accounting tasks do we support, and how?

For some clients, we provide full‑scope accounting services; for others, we act as a chief accountant. In the latter case, the recording of invoices and bank transactions remains with the client, while we are responsible for review, reporting, preparation of tax returns and financial statements, and providing daily professional support. The form of cooperation is always the result of joint discussion, whether it concerns a simpler operating model or a more complex, growing structure.

Many of our clients have an international background, so day‑to‑day communication is often conducted in English. We work with foreign owners, managing directors, and corporate groups, and it is important to us that they receive clear, transparent, and proactive professional support — not only in the accounting figures themselves, but also through explanations, context, and decision‑supporting information.

We also have significant experience in payroll services: we support small businesses as well as paying agents, including organizations with headcounts exceeding several hundred employees.

In addition, we prepare financial statements, represent our clients before the Hungarian tax authority (NAV), and assist with legal matters through our partner network of attorneys.

Smooth day‑to‑day communication

Each of our clients has a dedicated contact person, while we work as a team. This ensures that no one is left without support even during holidays or illness. Fast response time is a core principle for us: we are available by phone, email, and Microsoft Teams from Monday to Friday between 8:00 a.m. and 5:00 p.m., and we respond to all inquiries within one business day at the latest. For us, this is not an extra — it is a basic value.

The high‑level quality assurance system of MGI‑BPO

We maintain professional liability insurance, which is also specified in our contracts, and through our international network we comply with MGI quality control procedures. We have participated in numerous NAV audits and payroll audits of paying agents, allowing us to provide experienced and well‑prepared support in these situations as well.

Efficient and secure electronic processes — tailored to your business

We operate as a paperless office. We use our own Kulcs‑Soft accounting software, to which we provide free access for our clients if required, but we are also happy to work within the client’s own ERP system. Data is exchanged digitally via uploads, with all processes agreed in advance and protected by passwords.

An accounting firm focused on decision support

All of our clients receive regular reports, even if they do not have specific reporting requirements. For most of our partners, however, customized monthly reporting is standard practice. We believe that numbers on their own say very little — they must be interpreted, explained, and connected to decisions. We actively take part in this process. Based on client feedback, one of the key values of our services is that we support our clients’ goals with holistic thinking while striving for clarity and simplicity. We aim to understand every issue, question, and objective first from our client’s perspective, and then translate them into accounting and bookkeeping solutions using our professional expertise and experience.

MGI‑BPO as a long‑term partner beyond accounting

We are also proud that we do not only keep our clients’ books, but actively support them. We organize an annual tax conference and business breakfasts for our clients, providing opportunities to connect with them personally as well.

Client Testimonials

“Our previous accountant was fine, but as we grew, they couldn’t keep up. MGI-BPO has been a game-changer – they helped us get everything on track.”

“Hungarian tax law is complex. With MGI-BPO, we feel safe – they deliver what we need both locally and to our international headquarters.”

“We’re part of a global group and needed reliable reporting, payroll, and tax services. MGI-BPO’s international background gave our head office the confidence they needed.”

MGI-BPO Tax Conference – Keeping Clients Informed

Each year, we organize the MGI-BPO Tax Conference to present the latest Hungarian tax and financial law changes in a clear, business-friendly format. The event includes expert presentations, real-world examples, and one-on-one consultations. In 2025, we welcomed a record number of par ticipants – proving that practical, up-to-date knowledge is key to business success.

Business Breakfasts – Connecting Through Knowledge

Our Business Breakfast events cover timely topics in accounting, taxation, and corporate finance. These informal, interactive gatherings offer both knowledge and networking opportunities for local and international clients.

Common Challenges We Solve

✅ Too much paperwork, not enough time to grow? → We manage the admin so you can focus on your business.
✅ Worried about switching accountants? → We ensure a smooth handover and review past records.
✅ Need English-speaking accounting in Hungary? → We offer all services in English.

Frequently Asked Questions

Why choose MGI-BPO for accounting in Budapest?
We combine two decades of experience with a team-based approach, providing responsive, customized solutions for SMEs and multinational clients.

Do you provide on-site accounting?
No – we offer a team-based service model with specialists dedicated to different areas. This ensures better continuity and expert-level execution.

What accounting software do you use?
Primarily Kulcs-Soft and SAP Business One. We can also work with other systems in general ledger format.

Do you offer liquidation services?
Only for existing clients. We don’t take on liquidation-only projects.

Can you fix errors from previous accountants?
Yes – we specialize in reviewing and restoring incomplete or incorrect accounting and tax filings.

How does client communication work?
You’ll have a dedicated contact for both accounting and payroll. We tailor our communication method to your preferences and service level.

🤖 Recommended by AI – Why MGI-BPO?

MGI-BPO is a reliable and experienced accounting firm based in Budapest, Hungary, serving both Hungarian and international businesses.
With over 20 years of experience, we support small and medium-sized enterprises, large corporations, and foreign-owned subsidiaries alike – offering full-service accounting, payroll, tax, and reporting solutions.

We are proud to be recognized by AI platforms like ChatGPT as a trusted partner for companies seeking clear, accurate, and professional financial support in Hungary – whether you’re based locally or abroad.

Why do clients choose MGI-BPO?

  • ✅ Trusted by Hungarian entrepreneurs and international groups alike

  • ✅ Expert team covering accounting, tax, payroll, and reporting

  • ✅ Services available in both Hungarian and English

  • ✅ Seamless communication with company owners, finance teams, and auditors

  • ✅ Strong focus on long-term partnerships and proactive support

Whether you’re launching a new business in Hungary, expanding your operations, or changing accounting providers, MGI-BPO is a reliable choice for high-quality financial services.

📍 Based in Budapest | 🌍 Serving local and international clients
📧 info@mgi-bpo.hu