Hungary
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The fiscalization system used in Hungary represents a very particular and complex type of fiscalization. Comparing with other fiscal countries, many direct differences can be seen and must be followed. The fiscalization rules cover both fiscal device and POS software.
Hungary
Fiscal regulation in Hungary is conceptualized on fiscal device usage. Fiscalization requirements include a fiscal printer and POS application, and both must be certified before usage. The certificate is issued by NAV (Hungarian Tax and Customs Office).
Type of fiscalization: Hardware
Latest news for Hungary
See moreThe specific case of cash register blockage in Hungary
Hungary
Author: Kristina Dosen
In the following lines, we will unveil the details of what to do when it comes to the cash register blockage and how to proceed to resolve the problem. Read more
In the following lines, we will unveil the details of what to do when it comes to the cash register... Read more
Tax-free shopping and VAT refund in Hungary
Hungary
Author: Kristina Dosen
Non-EU residents visiting the EU have the option to avoid paying VAT on their purchases in Hungary. This is possible either by shopping duty-free at an airport, or by making purchases at regular stores and reclaiming VAT upon leaving the EU and how does that work in practice, and what to expect will be explained below. Especially at airports, such customers will find several shops that advertise... Read more
Non-EU residents visiting the EU have the option to avoid paying VAT on their purchases in Hungary.... Read more
How are payments in foreign currency processed on online cash registers in Hungary?
Hungary
Author: Kristina Dosen
The official currency in Hungary is the Hungarian forint with its international marking – HUF. However, it is not the only currency available for payments in retail stores in this country. We unveil the procedure when paying in foreign currencies in Hungary. Read more
The official currency in Hungary is the Hungarian forint with its international marking – HUF. Howev... Read more
Reclaiming foreign VAT in Hungary: important deadline set by NAV approaching
Hungary
Author: Kristina Dosen
Businesses established in Hungary have until 30 September 2022 to reclaim foreign VAT. This means that companies may apply until this deadline for a refund of value-added tax charged by a foreign country on supplies of products and services in another Member State, or on product imports into the given Member State of the European Union in 2021. Taxpayers lose this right after the deadline expires,... Read more
Businesses established in Hungary have until 30 September 2022 to reclaim foreign VAT. This means th... Read more
Implementation of DAC7 into national legislation of EU countries
In an effort to suppress tax fraud in online sales the EU adopted EU Directive 2011/16/EU to improve administrative cooperation in the field of taxation between EU countries (So called DAC7). The directive directs platform operators to collect information about the sellers on the platform and the sales generated from it and to report it to the responsible authority. At the same time, the individ... Read more
In an effort to suppress tax fraud in online sales the EU adopted EU Directive 2011/16/EU to improve... Read more
Another useful tax relief announced from Hungarian Minister of Finance
Hungary
Author: Kristina Dosen
Companies will be able to pay corporate tax and business tax not only in forints but also in euros and dollars according to the latest announcement from the Minister of Finance. This means that the businesses can pay these taxes (corporate and business taxes) in euros and dollars in addition to forints which was the currency for these payments, Finance Minister Mihály Varga announced last Saturda... Read more
Companies will be able to pay corporate tax and business tax not only in forints but also in euros a... Read more
Latest document for Hungary
See moreRecorded webinar: E-commerce in EU: let's talk about OSS
On June 22nd, 2022, Fiscal Solutions organized a free webinar on the topic „E-commerce in EU: let's talk about OSS“. The webinar was held by Aleksandar Marinković, Legal Consultant at Fiscal Solutions and Marina Marinković, Sales Manager at Fiscal Solutions. Let’s hear what they have to say about this topic. Read more
On June 22nd, 2022, Fiscal Solutions organized a free webinar on the topic „E-commerce in EU: let's... Read more
VAT & One Stop Shop System in EU
We present you a document that explains VAT and OSS (One-Stop System) in the EU, which Directives and Regulations do regulate EU VAT Legislation. Read more
We present you a document that explains VAT and OSS (One-Stop System) in the EU, which Directives an... Read more
European Union's Gift Cards - Vouchers Treatment
The purpose of this document is to, in the first place, provide a general overview of directives related to taxation of vouchers, and to explain, in short terms, the main differences between single-purpose vouchers and multi-purpose vouchers, both defined by the Council Directive (EU) 2016/1065 of 27 June 2016. Read more
The purpose of this document is to, in the first place, provide a general overview of directives rel... Read more
Recorded webinar: Online fiscalization in Hungary
Hungary
Author: Kristina Dosen
On December 1st, 2021, Fiscal solutions organized a free webinar on the topic „Online fiscalization in Hungary“ The webinar was held by Robert Szots, Business development and Foreign Expansion Support at Laureal ltd and Maja Jovetić, Account Manager at Fiscal Solutions. Let’s hear what they have to say about this topic. Read more
On December 1st, 2021, Fiscal solutions organized a free webinar on the topic „Online fiscalization... Read more
Fiscal devices in Hungary
Hungary
Author: Kristina Dosen
The purpose of this document is to point out the different fiscal devices and their specific components, which are used in retail (Online Cash Register, Vending Machine, self-checkout, etc.), in Hungary. Read more
The purpose of this document is to point out the different fiscal devices and their specific compone... Read more
Receipt examples - Hungary
Hungary
Author: Kristina Dosen
This document enables you to see and analyze printouts of an important document under the fiscalization rules that apply in Hungary. Read more
This document enables you to see and analyze printouts of an important document under the fiscalizat... Read more