Dr Hancz Patrik KYC, PEP, CCD, UBO? Words from everyday life Did you go to a lawyer, a bank, an accounting firm, or perhaps you created a fiduciary asset management legal relationship and had to sign all kinds of identification documents and provide a lot of da... Compliance Útmutató Oct 20, 2022
Dr Hancz Patrik The concept of the permanent establishment in Hungary During our previous posts; we looked at the issue of corporate tax in some form. We talked about the global minimum tax; according to which large companies operating in the EU would be taxed with a gl... Tax Útmutató Oct 12, 2022
Dr. Bács Miklós Peremptory Supervisory Board of Hungarian Companies Hungarian company may appoint German-style Supervisory Board with strong decision-making powers. The main role of the supervisory board is to monitor the management of the company in order to safeguar... Company formation & corporate Útmutató Sep 30, 2022
Danku Tamás, TEP Certificate of Good Standing of Hungarian companies The business registry of company – where you can apply for Certificate of Good Standing of Hungarian companies – is available for the public for free. But the free database usually is not up to date, ... Company formation & corporate Útmutató Sep 29, 2022
Dr Hancz Patrik Our biggest fear: tax penalty In our blog post today, we will talk about penalties and related concepts. There are lots of expressions in this field that we come across in everyday life, and in the worst-case scenario, we are even... Tax Útmutató Sep 28, 2022
Danku Tamás, TEP The concept of company’s registered address according to the Civil Code 2013 of Hungary The New Civil Code (Act 5, 2013) was published in the 31st edition of the Hungarian Official Gazette, which will come into force on 15th of March, 2014 and determines properly the concept of the regis... Company formation & corporate Útmutató Sep 27, 2022
Dr Hancz Patrik The end of the world of shell companies? On December 22, 2021, the European Commission presented a key initiative against shell companies, which are created for tax avoidance purposes. The Unshell proposal is intended to ensure that legal en... Compliance Útmutató Sep 26, 2022
Dr Hancz Patrik Cash payment limitations The digitalization, and the financial technologies, – the so-called area of FinTech (Financial Technology) – enable us to make financial matters easier and easier to use in our everyday lives. With ... Tax Útmutató Sep 21, 2022
Dr Hancz Patrik The tax burdens of the company car Previously, we reviewed the details of the company car tax rules. We wrote about the tax in a separate post, as the regulation is quite substantial and was amended in July, so it deserved due attentio... Tax Útmutató Sep 15, 2022
Dr Hancz Patrik With or without you? Thoughts on the global minimum tax In the past few days, five EU member states have indicated that – with or without Hungary – they will apply the provisions of the global minimum tax. The blog post below gives a general overview of ex... Tax Útmutató Sep 14, 2022
Dr Hancz Patrik The dark side of being classified as a risky taxpayer The past few days we talked about the taxpayer classification a lot. We had a look on the classification and saw the advantages of being a reliable taxpayer. Today, we continue this theme because wher... Tax Útmutató Sep 8, 2022
Dr Hancz Patrik The advantages of being classified as a reliable taxpayer Yesterday, we talked about the taxpayer classification , and we saw the conditions to be a reliable taxpayer. Why is good for us to be a reliable taxpayer? We will have a look on the advantages of bei... Tax Útmutató Sep 8, 2022