May 26, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
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
May 12, 2026 | Author: Szilvia Sarkadi Nagy, Managing Director and Partner at MGI-BPO
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
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
September 16, 2025 | Author: Szilvia Sarkadi-Nagy
🔍 The key: the place of supply rule. If your business activities are carried out in Hungary (or if the goods/services are used or consumed here), there is a high
August 26, 2025 | Author: László Killik
In recent years, we have worked with an increasing number of businesses where the company and its branch office operate in different countries – whether it’s a foreign company with
August 12, 2025 | Author: Szilvia Sarkadi-Nagy
The economic growth outlook for 2025 is turning out to be less favorable than previously expected, and an increasing number of small and medium-sized enterprises (SMEs) are feeling the effects
March 11, 2025 | Author: László Killik
Businesses often wonder whether it would be advantageous to sell a company car that is no longer in use for a symbolic amount, such as 1,000 HUF, to an employee,
March 4, 2025 | Author: László Killik
Temu is becoming increasingly popular among small businesses and individuals, especially for purchasing affordable promotional materials and branded merchandise. However, Temu currently does not issue VAT invoices for businesses, making
February 25, 2025 | Author: László Killik
For small businesses, managing cash flow is a top priority. One crucial decision is whether to use standard VAT (Value Added Tax) accounting or opt for cash accounting VAT, which
May 26, 2023 | Author: László Killik
Hungarian venture capital investors are increasingly investing in American companies through “SAFE” agreements, which have revolutionized the capital raising process for early-stage startups. In many cases, this is done to
