Hungary V.A.T. and Other Taxes





Hungary VAT 2025



VAT in Hungary: Factual Information for Foreign Investors

Standard VAT Rate:

  • The standard Value Added Tax (VAT) rate in Hungary is 27%.

Reduced VAT Rates:

  • Reduced VAT rates of 18% and 5% apply to specific goods and services.
  • These reduced rates apply to items like:
    • Basic food products.
    • Pharmaceuticals.
    • Books and newspapers.
    • Certain services.


VAT Registration:

  • Businesses operating in Hungary must register for VAT if their taxable transactions exceed specific thresholds.
  • Foreign businesses conducting taxable transactions in Hungary may also be required to register.


VAT Returns:

  • VAT returns are filed monthly, quarterly, or annually, depending on the business's turnover.
  • Electronic filing is mandatory.


Intra-Community Transactions:

  • Transactions with other EU member states are subject to specific VAT rules.
  • The reverse charge mechanism may apply.


Imports and Exports:

  • Imports into Hungary are subject to VAT.
  • Exports to countries outside the EU are generally exempt from VAT.


VAT Refunds:

  • Foreign businesses may be eligible for VAT refunds under specific conditions.
  • Refund procedures are defined by Hungarian tax legislation.


E-commerce:

  • E-commerce transactions are subject to Hungarian VAT rules.
  • EU wide regulations also apply.


Real Estate:

  • The sale of newly constructed real estate can be subject to VAT.
  • The sale of older real estate may be exempt.


Small and Medium-sized Enterprises (SMEs):

  • There are special VAT regulations that apply to SMEs.


E-receipts:

  • Specific regulations regarding the information that must be contained on E-receipts.






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