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When doing business in Hungary, it is necessary to settle taxes in accordance with Hungarian regulations. At the same time, it is worth remembering that both VAT rates for individual products and services, detailed tax regulations and administrative procedures may differ from those in force in other European countries.
If you want to be absolutely sure that your tax returns are handled correctly and in accordance with local regulations - take advantage of our VAT Compliance services in Hungary.
All entrepreneurs who sell online in Hungary are required to register for VAT in that country if:
Hungary requires real-time invoice reporting (RTIR) - including all EU internal and B2C transactions.
Need help with your VAT return? Take advantage of our experience.
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27% |
VAT rates in Hungary The standard VAT rate in Hungary is 27%. However, some products and services are subject to reduced rates of 18% and 5%. For up-to-date information on VAT rates in Europe, visit the European Commission’s website. |
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Format of the Hungarian VAT number VAT numbers assigned in different European countries differ in the type and number of characters and the designation of the country of origin. Hungarian VAT number consists of 10 characters: the two-letter country designation HU and the following sequence of 8 digits. Do you need to get an Hungarian VAT number? Use our VAT registration in Hungary service. |
HU12345678 |
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1234567890 12345678-9-01 |
Format of the Hungarian Tax Identification Number (TIN) The tax identification number assigned in Hungary differs in format from the VAT number. This number consists of a sequence of 10 or 11 digits. Individuals are assigned a 10-digit number - generated based on their date of birth. Business entities, after registering with the local Tax Office, are given a number consisting of a sequence of 8 digits, which are the payer's identifier, a "-" sign, a digit indicating whether the payer is a VAT taxpayer, another "-" sign and two digits indicating the competent Tax Office. |
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Current distance selling threshold in Hungary At the moment, there is a single distance selling threshold of 10 000 EUR in all EU countries. The total sales made in all EU countries count towards this threshold. Once this threshold is exceeded, you must register for VAT in each country where sales are made. Do you need help with VAT registration or accounting? We can do it for you. |
10 000 EUR |
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8 800 000 HUF |
The distance sales threshold applicable in Hungary until 30.06.2021 If you made distance sales in Hungary before
30.06.2021 and those sales exceeded Did you miss the need to register and the VAT settlement deadline? We can register and settle your VAT retroactively. |
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Threshold for the value of imports into Hungary, in the Intrastat system If the value of goods imported into Hungary from abroad during the
year exceeds the amount of In addition to the basic threshold, Hungary also has a so-called
specific threshold of |
270 000 000 HUF |
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150 000 000 EUR |
Threshold for the value of exports from Austria, in the Intrastat system If the value of exports of goods from Hungary abroad exceeds the amount of 150 000 000 HUF, these exports must be reported in the Intrastat international statistical system. In addition to the basic threshold, Hungary also has a so-called
specific threshold of |
Do you sell online in various European countries? Need to register your business for VAT in Hungary? Worried about having to fill out a lot of paperwork in Hungarian and based on Hungarian regulations that differ from those in your country?
We will do it for you! Without nerves, stress and hundreds of papers.
Speak to a Customer Relations Consultant for Online Sellers. An expert will respond shortly.
