Danku Tamás, TEP IFZA : New Financial Statement Requirements for License Renewal Our latest content Check out what's new in our company ! See all Important Update for IFZA Companies: New Financial Statement Requirements for License Renewal Effective September 30, 2025 , all IFZA l... Aug 8, 2025
Dr Hancz Patrik New obligation? Setting up an internal whistleblowing system On 24 July 2023, the so-called Complaints Act came into force, which covers a wide range of employers, so we have gathered the most important questions and details about the so-called whistleblowing s... Aug 14, 2023
Dr Hancz Patrik Happy New Year, happy taxation! Tax changes for 2023 Many of the changes came into force on 1 January 2023, so we had relatively little time to familiarise ourselves with and interpret them. We have compiled the most important details of the changes in ... Jan 11, 2023
Danku Tamás, TEP Minimum wage and guaranteed minimum wage from 2023 The mandatory minimum wage for full-time employees from January 1st of 2023. The minimum wage from the January 1st of 2023 HUF 232 000 for monthly wages Guaranteed minimum wage for an employee in a jo... Dec 14, 2022
Dr Hancz Patrik An interesting tax base decreasing item in Hungary Today, we are going to deal with early-stage businesses, i.e., startups. Our examination aspect is one of the decreasing items used when determining the tax base, i.e., that which decrease the earning... Nov 10, 2022
Dr Hancz Patrik The concept of the permanent establishment in Hungary During our previous posts; we looked at the issue of corporate tax in some form. We talked about the global minimum tax; according to which large companies operating in the EU would be taxed with a gl... Oct 12, 2022
Dr Hancz Patrik Our biggest fear: tax penalty In our blog post today, we will talk about penalties and related concepts. There are lots of expressions in this field that we come across in everyday life, and in the worst-case scenario, we are even... Sep 28, 2022
Danku Tamás, TEP The concept of company’s registered address according to the Civil Code 2013 of Hungary The New Civil Code (Act 5, 2013) was published in the 31st edition of the Hungarian Official Gazette, which will come into force on 15th of March, 2014 and determines properly the concept of the regis... Sep 27, 2022
Dr Hancz Patrik Who will pay your tax debt? The third-party guarantee and the assumption of debt Continuing our legal thoughts on taxation, we take a look at the rules related to tax debt. We proceed as usual; which means first of all we clarif... Aug 30, 2022
Dr Hancz Patrik The late payment fee and the default interest Today, we will talk about the conditions under which a taxpayer must pay a late payment fee; as well as when the tax authority must pay default interest. You have read it right; it means that there ar... Aug 29, 2022
Danku Tamás, TEP Effective structures for real estate investments in Hungary Eventhough the increasing Hungarian property prices more and more private foreign investor buy luxury and commericial real estates in Hungary. Becuase of the relatively good ROI and devaluated Hungari... Jul 21, 2022
Danku Tamás, TEP HUNGARY | Holding Company Regime Hungary is relatively new entrant to the tax planning market thereafter the tax advantages for non-resident companies ended in y2005. The holding company regime is not the most flexible. The company m... Jul 13, 2022