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Within audit, our office - with special authorizations also for auditing financial organizations - certifies the compliance of the financial statements with legal prescriptions and standards, even with IFRS and US-GAAP, not only in Hungarian but also in German and English, if required.

Top-priority fields of tax counselling include tax optimization, furthering start-up of foreign companies in Hungary and doing fiscal representation.

We support effective operation of businesses by corporate finance services, bookkeeping providing information also for decision making, and comprehensive payroll accounting.

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Changes in the Act about value added tax Last updated: 05.12.2011 Normal VAT rate increases to record height as of 1st January 2012. Most products and services will be taxed from the beginning of the next year by a normal tax rate of 27% instead of 25% valid at present. Preferentially taxed products with 18% and 5% tax rates remain untouched. Full story »

Electronic documentation in audits Last updated: 15.08.2011 Managing Director of our company reads lectures on the 19th National Conference of Auditors. Full story »

Report from FEE Conference on Audit Policy - Thursday 30 June 2011 Last updated: 08.08.2011 Managing Director of our company reports on the Green Paper discussed on Conference FEE in June 2011 in the July-August issue of the periodical SZAKma. Full story »

Recreation checks will be abolished Last updated: 08.08.2011 Preferential taxation of recreation checks is terminated as of 1st October 2011. Full story »

VAT Regulation superior to national legislation Last updated: 05.08.2011 As of 1st July 2011, without any additional national legislation, the Council Implementing Regulation (EU) No. 282/2011 for unified interpretation of the VAT Directive in order to apply VAT rules and terms the same way within the Union becomes effective in Hungary and all member states. Its top-priority fields include taxable persons, transactions and their place. Full story »

Registration of companies with real estate holdings Last updated: 06.06.2011 There is a new registration obligation for companies with real estate holdings as of 1st January 2010. The first registration shall be made on the basis of the data of financial statements 2010, for businesses working with a financial year different from the calendar year on the basis of the financial statements available on 31st May 2011 not later than by 31st August 2011. On the basis of declarations, the state tax authority publishes the list of companies with real estate holdings on its website by 30th September 2011. Full story »

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