Hungarian VAT registration
What are the Hungarian VAT registration thresholds?
For foreign businesses trading in Hungary that are VAT/GST/Tax registered in their home state, the VAT registration threshold is nil.
For EU VAT registered companies selling goods over the internet to consumers in Hungary, the VAT registration threshold (distance selling) is HUF 8,800,000 per annum.
What information is required to get a Hungarian VAT number and registration
In Hungary a foreign business cannot register for VAT only but must register for all taxes. The Hungarian tax office will require the appropriate registration forms to be completed, and submitted with the following documentation:
- A copy of a VAT certificate (in Hungarian) to prove the business is registered for VAT elsewhere in the EU, if appropriate.
- Articles of Association.
- An extract from the company’s national trade register (in Hungarian).
- A statement (in Hungarian) about the economic activity of the business.
- An original specimen signature of the company’s representatives.
- A power of attorney (if using a fiscal representative e.g. all non-EU businesses).
What is the format of a Hungarian VAT number?
Registration must be completed within 30 days if the correct documentation is supplied and may take as little as one working day. Once the registration has been granted, a unique Hungarian VAT number is allocated to the company. All EU member states have a fixed format for their VAT numbers. In Hungary, it includes the prefix HU followed by 8 digits.
Hungarian Number Format
Latest Hungarian news
January 25, 2019
The European Commission (EC) has proposed switching from unanimous to majority voting on EU VAT and other tax policies. The aim is to progress fiscal reforms which face immovable opposition from just a limited number of member states.
January 09, 2019
The EU VAT Directive has been updated from 1 January 2019 to introduce a voluntary generalised reverse charge measure on domestic transactions in member states.
December 28, 2018
Following agreement by EU member states to permit cutting the VAT rate on e-books and online journals to match the reduced/zero rating permitted on their paper-based equivalents, the following countries have already announced reductions...
- Czech Republic
- United Kingdom