International Taxation

Controlled Foreign Corporation or CFC laws in Hungary

CFC laws in general, alongside double taxation treaties, control how and where income from foreign companies should be taxed.

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Get your immediate EU VAT number

Having an EU VAT number improves trading relations with European partners quite a bit. Cross-border transactions are mostly exempt from VAT if both you and your business partner have an EU VAT number. Needless to say, this is greatly beneficial for your cash flow as well as for VAT administration.

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How to use my EU VAT number?

When you open a Hungarian company, you immediately get an EU VAT number with it. But how can you use it to sell and acquire products or services within the EU without charging VAT on these sales?

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