Moore Stephens Wagner Kft joins IR as the exclusive Audit & Assurance Services Member in Hungary

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Vilmos Wágner of Moore Stephens Wagner Kft. Vilmos has joined IR as our exclusive Audit & Assurance Services Member in Hungary. Moore Wagner has specialised in providing audit, accounting and advisory services to their international clients for more than 20 years. With […]

Vilmos WágnerManaging Partner, Moore Stephens Wagner Kft

Füsthy & Mányai Law Office joins IR as the exclusive Mergers & Acquisitions and Competition Law Member in Hungary

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Dr. Nóra Mányai of Füsthy & Mányai Law Office. Nóra has joined IR as our exclusive Mergers & Acquisitions and Competition Law Member in Hungary. Dr. Nóra Mányai is a senior partner at Füsthy and Mányai Law Office, specialized in labour law […]

Dr. Nóra MányaiSenior Partner, Füsthy & Mányai Law Office

Füsthy & Mányai Law Office joins IR as the exclusive Mergers & Acquisitions and Competition Law Member in Hungary

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Dr. Zsolt Füsthy of Füsthy & Mányai Law Office. Dr. Zsolt has joined IR as our exclusive Mergers & Acquisitions and Competition Law Member in Hungary. He was graduated at Eötvös Loránd University of Sciences with “summa cum laude” degree.He started his […]

Dr. Zsolt FüsthySenior Managing Partner, Füsthy & Mányai Law Office

Tax loss carry forwards can be utilized until 2030 instead of 2025 for corporate income tax purposes

The time limitation for the utilization tax losses carried forward from previous periods have changed multiple times, having raised several questions in taxpayers. According to previous rules, tax losses realized between 2004 and 2014 could be utilized for an unlimited time. As of 1 January 2015, the tax loss carry forward rules had changed and […]

New rules on “Quick Fixes” related to VAT set to take effect – draft explanatory notes from Commission now available

Last year’s EU harmonization package related to VAT, which was dubbed “Quick Fixes”, will be applicable in Hungary from 1 January 2020. The changes concern four areas: 1) the general conditions of VAT exemption for intra-Community supplies of goods, 2) acceptable types of proof of transport, 3) call-off stock simplification, and 4) rules for chain […]

Get ready! Only 6 months to comply with updated e-invoice requirements

The Hungarian Tax Authority has released an updated version of its real-time invoice reporting (RTIR) model. Initially introduced in July 2018, the anti-VAT fraud measure requires that all invoices, including paper, must be reported to authorities live and electronically. Version 2.0 is available from November 2019 for testing, giving time to taxpayers until April 2020 […]

Taxnology Innovations Kft. joins IR as the exclusive Tax (Accountants) Member in Hungary

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce László Soós of Taxnology Innovations Kft. László has joined IR as our exclusive Tax (Accountants) Member in Hungary. László Soós is a tax technology expert and co-founder of Taxnology. Before starting the Taxnology project, László worked in various leading and professional positions […]

Taxnology Innovations Kft. joins IR as the exclusive Tax (Accountants) Member in Hungary

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Györgyi Jenei of Taxnology Innovations Kft. Györgyi has joined IR as our exclusive Tax (Accountants) Member in Hungary. Dr. Györgyi Jenei is a tax advisor and tax technology expert and co-founder of Taxnology, having a law degree. Before starting the Taxnology project, […]

Company Formations: A jurisdictional guide to setting up a business

QUESTION ONE – What are the most common structures used when international clients want to form a company in your jurisdiction? Any examples? In business partnerships such as General Partnerships (Kkt.) and Limited Partner­ships (Bt.), at least one of the shareholders are personally liable for the debts of the company. They are not very attractive […]

Dr. Csongor BuzádyPartner, Buzády & Udvari Law Firm