This document represents an introduction to the types of e-invoicing models in European countries as well as the key conclusions made during this research. Read more

During the summer period, Hungary states that more than six hundred unmanned food and beverage vending machines were restarted nationwide on the news of the inspections of the National Tax and Customs Administration (NAV); the number of reconnections jumped fourfold compared to the previous period before the inspections started. Operators who operate their vending machines irregularly risk millio... Read more

E-invoicing as the primary option for invoicing has become a hot topic in many countries, especially in the EU member states, as the digitalization and modern tools that are widely spread demand being up to date with standards and requirements set on national and international levels, where Hungary is not an exception. Read more

Even though some of the general preparation steps are planned and there is a clear goal of adopting the euro as the official currency, it is hard to provide specific dates so far in the future, as the Minister of Finances of this country says. The previous news has led to more interest in this topic and the probability that the process could start in the next 5 years, but it has been denied by th... Read more

The purpose of this document is to explain the procedure for issuing electronic invoices (e-invoices) and using the new e-invoicing system in Hungary. Among other things, this document explains the legal background of the Hungarian electronic invoicing system, the subjects of this system and their obligations, the current status of e-invoicing, and answers to many related topics. Read more

According to the plans as a part of the e-receipt program, there are several important details about the expected development of the e-receipt system in Hungary, and they are stated as follows. Read more

Hungarian consumers can now compare the prices of basic foodstuffs online, thanks to a new system launched by the Economic Competition Authority of Hungary (GVH) in July 2023. The system, available at árfigyelo.gvh.hu, monitors the prices of more than 60 products in six product categories, such as dairy, meat, vegetables, fruit, bread, and preserved foods. The products are sold by six major retail... Read more