Tax Consulting Services for Foreign Businesses in Hungary

Welcome to Tax Guide Hungary

Navigating the complexities of tax regulations in Hungary has never been easier. At Tax Guide Hungary, we specialize in providing tailored tax consulting and advisory services for foreign small and medium-sized enterprises, individuals with Hungarian tax residency, and sole entrepreneurs. Our expert team is committed to delivering premium services at competitive prices.

Why Choose Hungary?

Low corporate income tax

Lowest corporate income tax rate in the EU (9% on profit) for mature businesses.

Special SME tax regime (effective tax rate can be 0%) that supports scaling businesses retaining profits.
SME regime thresholds:
Max. 50 employees,
Max. EUR 15.3m revenue and balance sheet total.

Value added tax

Standard VAT rate is 27% in Hungary.

Reduced rates are available for selected products and services
Rates besides standard:
18% mainly dairy products
5% certain properties, meat, pharmacy products, magazines, books, dining services, electricity, gas, heating, internet,...
0% for daily newspapers

People & Labour

Hungary is known for a skilled, technically capable workforce, particularly in engineering, manufacturing, IT, and business services.
Labour costs are lower than in the US, UK, Western Europe, Nordics, and surrounding countries for comparable roles.
Hungary is often used for nearshoring European operations requiring good capability at a lower total cost than Western Europe.

Incorporation & market entry

Formation is generally fast and cost-effective by EU standards
Common structure is limited liability company (Kft.)
Foreign ownership is permitted
EU + Schengen operational base is a structural advantage for companies whose primary target market is the EU

Location & infrastructure

Central location in Europe, HUB role for CEE countries
Well-equipped and advanced industrial zones
Strong logistics suitability for regional distribution
Mature manufacturing ecosystem

Personal income tax

Flat 15% personal income tax
Several tax allowances are available to further reduce effective tax rate
0% taxation on long term investment accounts
Hungary has double-taxation treaties with around 100 countries
Favourable rules on wealth transfer between generations

Our Consulting Services

Expert Guidance Tailored to Your Needs

Our services include thorough tax planning, compliance support, risk assessment, international tax advice, VAT consultancy, and individual tax consultations. We pride ourselves on our personalized approach and commitment to excellence.

Comprehensive Tax Planning

Our expert advisors will work with you to develop a strategic tax plan that aligns with your business goals and maximizes your benefits.

Compliance & Risk Management

Stay compliant with Hungarian tax laws while minimizing risk. We provide ongoing support and updates to ensure you're always informed.

International Tax Advisory

Expanding your business internationally? Our advisors will guide you through cross-border tax implications for smooth operations.

VAT Consultancy

Expert insights on VAT regulations to help you reclaim costs and comply with local laws.

Personalized Individual Consultations

Tailored advice for individuals and entrepreneurs seeking to optimize their tax situation.

Ready to Take the Next Step?

Improve your tax strategy today!

Testimonials

Expert Guidance at Every Step

The team at taxguidehungary.com provided invaluable insights into the Hungarian tax system. Their expertise made our transition seamless and stress-free!

Affordable and Professional Services

I was impressed by the level of service and professionalism. Their rates are very competitive, which is hard to find in this niche.

Trustworthy Tax Advisors

As an entrepreneur, I needed reliable advice on navigating taxes in Hungary. Taxguide hungary.com exceeded my expectations!

FAQs

What services do you offer for businesses?

We offer comprehensive tax consulting and advisory services tailored for foreign SMEs looking to establish business operations in Hungary.

How can you help with my individual tax issues?

We specialize in advising foreign individuals with Hungarian tax residency on managing international revenue streams effectively.

Are your services suitable for sole entrepreneurs?

Yes, we provide targeted support and guidance for sole entrepreneurs to help them navigate the complexities of Hungarian taxation.

What is your pricing structure?

Our services are priced in the lower-premium range, ensuring you receive high-quality services at competitive rates.

Typical indicative service fees:

Company formation from 350-500 EUR
Monthly accounting from 120-180 EUR
Tax advisory rate from 90 EUR/hour

How do I get started with your services?

Getting started is easy! You can contact us through our website to schedule a free consultation to discuss your needs and how we can assist you.

Do I need to be physically present in Hungary for your services?

Not at all. We offer remote consulting options and can handle most processes online, making it convenient for clients worldwide.

Let us save you money

Get in Touch

We are here to assist you with all your tax consulting needs. Whether you're a foreign entrepreneur venturing into Hungary or an individual seeking clarity on your tax obligations, our team is eager to help. Fill out the form below to send us your inquiries, and we will respond promptly. Let's make doing business in Hungary a seamless experience together.