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Hungria IVA – As taxas e o registo

VAT registration regulations and VAT rates in Hungary

When doing business in Hungary, it is necessary to settle taxes in accordance with Hungarian regulations. At the same time, it is worth remembering that both VAT rates for individual products and services, detailed tax regulations and administrative procedures may differ from those in force in other European countries.

If you want to be absolutely sure that your tax returns are handled correctly and in accordance with local regulations - take advantage of our VAT Compliance services in Hungary.

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When is it necessary to register for VAT in Hungary?

All entrepreneurs who sell online in Hungary are required to register for VAT in that country if:

  • they use a warehouse located in Hungary and ship their products from it to their end customers, or
  • they have exceeded the distance selling threshold of 10 000 EUR (total for all countries).

VAT registration in Hungary - what is worth knowing?

Hungary requires real-time invoice reporting (RTIR) - including all EU internal and B2C transactions.

Need help with your VAT return? Take advantage of our experience.

Key information about VAT in Hungary

27%

VAT rates in Hungary

The standard VAT rate in Hungary is 27%. However, some products and services are subject to reduced rates of 18% and 5%.

For up-to-date information on VAT rates in Europe, visit the European Commission’s website.

Format of the Hungarian VAT number

VAT numbers assigned in different European countries differ in the type and number of characters and the designation of the country of origin.

Hungarian VAT number consists of 10 characters: the two-letter country designation HU and the following sequence of 8 digits.

Do you need to get an Hungarian VAT number? Use our VAT registration in Hungary service.

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HU12345678

1234567890

12345678-9-01

Format of the Hungarian Tax Identification Number (TIN)

The tax identification number assigned in Hungary differs in format from the VAT number.

This number consists of a sequence of 10 or 11 digits. Individuals are assigned a 10-digit number - generated based on their date of birth. Business entities, after registering with the local Tax Office, are given a number consisting of a sequence of 8 digits, which are the payer's identifier, a "-" sign, a digit indicating whether the payer is a VAT taxpayer, another "-" sign and two digits indicating the competent Tax Office.

Current distance selling threshold in Hungary

At the moment, there is a single distance selling threshold of 10 000 EUR in all EU countries. The total sales made in all EU countries count towards this threshold.

Once this threshold is exceeded, you must register for VAT in each country where sales are made.

Do you need help with VAT registration or accounting? We can do it for you.

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10 000 EUR

8 800 000 HUF

The distance sales threshold applicable in Hungary until 30.06.2021

If you made distance sales in Hungary before 30.06.2021 and those sales exceeded
8 800 000 HUF - you should settle the overdue VAT for that period.

Did you miss the need to register and the VAT settlement deadline?

We can register and settle your VAT retroactively.

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Threshold for the value of imports into Hungary, in the Intrastat system

If the value of goods imported into Hungary from abroad during the year exceeds the amount of
270 000 000 HUF, these imports must be reported in the Intrastat international statistical system.

In addition to the basic threshold, Hungary also has a so-called specific threshold of
5 500 000 000 HUF.

270 000 000 HUF

150 000 000 EUR

Threshold for the value of exports from Austria, in the Intrastat system

If the value of exports of goods from Hungary abroad exceeds the amount of 150 000 000 HUF, these exports must be reported in the Intrastat international statistical system.

In addition to the basic threshold, Hungary also has a so-called specific threshold of
15 000 000 000 HUF.

Additional information on accounting for VAT in Hungary

  • VAT is settled in monthly or quarterly reporting periods.
  • For monthly settlements, the deadline for submitting VAT returns is the 20th day of the following month after the month to which the return relates (e.g., the return for January must be submitted by February 20, the return for February must be submitted by March 20, etc.).
  • For quarterly settlements, by the 20th day of the month following the quarter to which the return relates (i.e., by April 20 for the first quarter, by July 20 for the second quarter, by October 20 for the third quarter and by January 20 for the fourth quarter last year).
  • For VAT settlement in Hungary by non-EU companies, fiscal representation in the country is required.

Benefit from our VAT Compliance services in Hungary

Do you sell online in various European countries? Need to register your business for VAT in Hungary? Worried about having to fill out a lot of paperwork in Hungarian and based on Hungarian regulations that differ from those in your country?

We will do it for you! Without nerves, stress and hundreds of papers.

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