Bookkeeping
The Hungarian National Bank has just published its latest data on cash usage in Hungary. There are currently 725 million HUF bank notes and 2.6 billion HUF coins in use, worth HUF 9.125 billion in total. The most popular pieces are the HUF 20,000 notes and the HUF 5 coins, so the pieces of the highest and lowest value.
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Many of those Hungarian businesses that are allowed to issue receipts instead of invoices are in fact required to issue those receipts with cash register machines. Read on to learn how this works in Hungary, and how to decide if you should be using a hardware-based cash register.
The post Who needs a cash register in Hungary? appeared first on Helpers Finance.
Starting from September 15, new and stricter rules have been introduced regarding EU VAT invoices. If you have customers from other EU member states, read on to learn what changed and what you should watch out for.
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As of July 2025, a new option is available to sellers who are issuing receipts instead of invoices: through a dedicated app, they can easily create and immediately report receipts. At the same time, customers may now also use an app to receive receipts, this way reducing paper waste and easily storing e-receipts for future reference.
The post Introducing E-receipts: another step towards digitalization in Hungary appeared first on Helpers Finance.
Hungary has been making great efforts towards digitalizing administrative processes, including reporting sales and income. As the next step, two new IT tools have been introduced to promote paperless solutions for creating receipts. The below article will discuss receipts in Hungary, and in our next article we will talk about the new solutions.
The post What is the difference between invoices and receipts in Hungary? appeared first on Helpers Finance.
As of July 1, 2025, cash payment is becoming a constitutional right in Hungary. This means that apart from specific cases, Hungarian businesses are required to make it possible for their customers to pay with cash if that is their preferred method. Read on to learn if this will affect your operation.
The post Cash payment is now a constitutional right in Hungary appeared first on Helpers Finance.
From July 1, 2025, electricity and natural gas providers in Hungary can send only e-invoices to their B2B clients. If your business has such a contract, it is time you learn how to store electronic invoices in a secure and compliant way.
The post How to store electronic invoices in Hungary appeared first on Helpers Finance.
If you are a tax resident in Hungary, you have until May 20, 2025 to submit your tax returns for the year 2024. If you have an Ügyfélkapu or DÁP access, this will take only a few minutes, as the whole procedure is online.
The post Tax returns in Hungary in 2025 appeared first on Helpers Finance.
You can use your personal money to provide the share capital of your Hungarian company. Once that is done, however, your own money and the company’s money are separate, and you cannot make transfers freely or without proper documentation.
The post Can I put my own money in my Hungarian company? appeared first on Helpers Finance.
You are required to present the ownership structure of your newly created Hungarian company when you are registering it for various services. This is easiest done in the form of a chart that starts with your Hungarian company and ends in the ultimate beneficial owners.
The post How to present the ownership structure of your Hungarian company? appeared first on Helpers Finance.