Fiscal representation in Hungary

If a company whose headquarters are outside the EU (“non-EU companies”) is obliged to register for tax purposes in Hungary, then it is required to appoint a fiscal representative in order to perform its tax obligations.

Such non-EU companies can only be represented before the Hungarian Tax Authority by the engaged fiscal representative. The fiscal representative shall also be obliged to file the tax returns of the represented company. It is also important that the fiscal representative and the represented company bear joint and universal liabilities for the tax obligations of the company in Hungary.

Mazars provides the aforementioned fiscal representation services in Hungary. It assists in completing the tax registration process and provides all the associated tax compliance services during the course of the engagement and, if necessary, also provides tax advisory services for the represented company.

To whom do we recommend our services?

• To companies that are considering a Hungarian VAT registration or need advice on their VAT obligations in Hungary
• To companies that have already performed taxable sales or purchases in Hungary and need advice on the VAT management of their transactions in Hungary
• To companies importing goods to Hungary and delivering the imported goods to customers in Hungary, in the EU or in non-EU countries
• To companies selling goods purchased and shipped from EU countries or from local vendors in Hungary with the purpose of selling them to customers in Hungary, in the EU or in non-EU countries

How can we help?

• Mazars meets all the requirements set by law to be a fiscal representative. Mazars has the required equity and is listed in the database of tax payers with no public debt.
• Mazars has experienced personnel specializing on VAT compliance tasks.
• Mazars’ Tax and Legal Department is always available for assistance, consultation or advice during the VAT registration process and during the entire term of engagement for fiscal representation.
• Mazars applies competitive fees while making available the experience of its international audit and tax advisory network.

If you have any questions in connection with our services, please contact our advisor colleagues.