Opportunities of settling negative owner’s capital

July 19, 2021 | Author: Barbara Gincsai

It may happen in the activities of a business association that equity falls below subscribed capital. What can be done about it? We have collected the potential options. The law

Draft VAT return from 1 July 2021

July 6, 2021 | Author: Erika Dudás

As of 1 July 2021, one of the significant changes regarding VAT is that the Hungarian tax authority will propose undertakings a draft VAT return. The first draft VAT return

Webshops and the OSS Scheme

June 28, 2021 | Author: Éva Szőke-Solymosi

From 1 July 2021, the rules of e-commerce will change at EU level, which had to be taken over to the Hungarian tax system as well. VAT regulation for e-commerce

Consequences of late depositing the financial statements

June 28, 2021 | Author: Erika Dudás

Companies keeping double-entry books and registered in the register of companies shall deposit and publish the financial statements. The relevant regulations are contained in Subsection (1) of Section 153 of

Central Register of Beneficial Owners

February 24, 2021 | Author: 2021-02-24

As a result of the amendment, legal entities and entities without legal personality will be obliged to report beneficial owner(s) to the central register. Within 5 days after the commencement

2021 NAV Inspection Focus Areas

February 11, 2021 | Author: 2021-02-11

NAV continues to choose companies for risk-based inspection, using its ever-expanding data assets. Screening companies that specialize in tax evasion will remain a priority. The following activities will receive special

Changes in publishing financial statements

September 18, 2018 | Author: 2018-09-18

Only the persons who have registered at the company portal are entitled to publish or deposit financial statements. Each company needs to verify if its registration at the company portal