The European Union introduces a new framework for the screening of foreign investment. We present how Regulation (EU) 2026/1386 may affect acquisitions, joint ventures, restructurings and strategic investments in Hungary. A new era of European investment control begins The European Union is one of the world’s most important investment destinations. Foreign capital plays a significant […]
When can a Hungarian company reclaim VAT? A practical guide for 2026 The central rule Paying VAT on a business expense does not automatically mean that the VAT is recoverable. A Hungarian company may generally deduct input VAT only where the purchase is linked to VAT-taxable business activity, the documentary conditions are met, and no […]
A practical guide for non-EU manufacturers and investors For manufacturers and investors based outside the European Union, entering the European market can be challenging when every customer order must be shipped separately from a third country. Customs procedures, import taxes, long delivery times and changing logistics costs can make expansion difficult and reduce competitiveness. A […]
Reasons for rejection of a corporate bank account, legal consequences, temporary solutions and subsequent termination of an account that has already been opened The establishment of a Hungarian business association does not end with the registration at the Court of Registration. In order to actually operate, the company needs, among other things, a tax number, […]
Registration, capitalization, depreciation, sale and disposal in manufacturing or asset-intensive businesses For a company engaged in manufacturing, construction, technical services, logistics or any other asset-intensive activity, the management of machinery, equipment, tools, vehicles and other assets is not a simple accounting formality. These tools determine the capacity of the company to produce, the quality of […]
Managerial financial control at Hungarian companies The financial management of a limited liability company does not begin with the preparation of the annual report, nor does it end with the submission of the returns by the accounting deadline. Compliance with the law is a basic requirement, but it does not in itself provide sufficient information […]
Obtaining Hungarian citizenship is possible for foreign citizens on several legal grounds, but the procedure always requires a precise legal examination and appropriate documentation. The applicant’s personal situation, residence in Hungary, family relationships, Hungarian ancestors, previous citizenship status or other special circumstances have a decisive influence on which procedural route is applicable. Hungarian citizenship is […]
Hungarian companies are increasingly working with foreign clients, international suppliers, with fees set in euros or other currencies. A consulting company invoices an Austrian partner in euros, a Hungarian webshop serves foreign customers, an IT company agrees on a dollar agreement with its American client, or a domestic company concludes a contract with a Hungarian […]
Hungary introduced an important change to the regulation of foreign labour on 5 June 2026. The amendment has received significant attention because it affects one of the most commonly discussed employment routes for third-country nationals: the guest worker residence permit. However, the change should be understood precisely. This is not a general ban on all […]
Guide to fines, penalties, surcharges and late payment interest in Hungary, covering tax deductibility, accounting treatment, VAT and corporate tax risks. In the course of business operations, companies may occasionally incur expenses that do not appear as classic procurement, service or operating costs, but are instead connected to some form of breach of rules, delay, […]
