News - Andersen in Hungary

Introduction of “Service PE Concept” in Hungary

Foreign companies having employees working in Hungary for a period of more than 183 days may have a service PE (permanent establishment) and be liable to tax obligation.

Changes affecting the Hungarian film industry in 2021

The amendments of certain acts related to increasing the competitiveness of the motion picture industry, adopted by the Parliament on 16 December 2020, will bring several significant changes in 2021. We summarized below the most important changes.

Tax law changes 2021

On 17 November 2020, Parliament adopted the tax laws for 2021. Some amendments, such as the reduced rate of 5% VAT for construction of residential properties, have been included in other bills, however, our summary contains these changes as well.

European Guide to Support Employers: Teleworking in Europe

The global spread of Covid-19 is forcing employers worldwide to introduce teleworking.

Entry Rules in Passenger Traffic

As of 01/09/2020, the most important entry rules in passenger traffic are

The most important legislative changes concerning judicial enforcement

The Parliament adopted Act 92 of 2020 on the amendment of certain acts related to judiciary, which amended, among other things…

Summer tax package 2020

Before the beginning of the summer break, the Parliament has amended several tax laws and adopted new rules as well. The most important changes are summarized in our newsletter below.

Andersen rebranding – special note from Karoly Radnai, Office Managing Director of Andersen Adótanácsadó Zrt., founder of OrienTax

Andersen Debuts in Hungary

Hungarian tax consulting company, OrienTax Zrt. and Szabo Kelemen & Partners Attorneys will adopt the Andersen brand in Europe and continue their activities jointly.

COVID-19 – New Surtaxes Introduced – HUNGARY

In order to enhance the financial sources of the Government to be spent on the actions against the coronavirus pandemic, special surtaxes have been introduced for banks and retailer chains.

COVID-19 – Support on Job-retention – HUNGARY

High anticipation has preceded the newly announced package of actions developed for job preservation, which is introduced below.

COVID-19 – Extraordinary State Aid for New Investments – HUNGARY

To offset the negative economic effects of the coronavirus epidemic – with more favorable and simpler regulations than ever before -, the government has announced a competitiveness-enhancing…