• 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.

    Read more
  • 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.

    Read more
  • 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.

    Read more
  • European Guide to Support Employers: Teleworking in Europe

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

    Read more
  • Entry Rules in Passenger Traffic

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

    Read more
  • 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…

    Read more
  • 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.

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

    Read more
  • 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.

    Read more
  • 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.

    Read more
  • 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.

    Read more
  • 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…

    Read more