Hungarian

VAT - Rates & Registration

Note: In
Hungary
VAT is the same as Sales Tax

If a company not established in Hungary is providing ‘taxable supplies’ of goods or services in Hungary, it may have to obtain a non-resident VAT registration. In accordance with the EU VAT Directive, foreign traders are legally obligated to register for VAT in certain circumstances in order to report taxable transactions and declare VAT that must be charged.  

It is important that all businesses with any commercial activity in Hungary assess their compliance obligations and register prior to commencing taxable transactions if applicable.

What you need to know

There are various scenarios that would trigger an obligation to register for VAT in Hungary. Some of the most common examples are:

  • Importing goods into Hungary from outside the European Union
  • Buying and selling goods in Hungary
  • Selling goods from Hungary which are delivered to customers outside of Hungary (business or private customers)
  • Acquiring goods in Hungary from another EU country (Intra-community acquisitions)
  • Holding inventory in Hungary for sale, distribution or consignment
  • E-commerce sales of goods to consumers, subject to Distance Selling VAT registration thresholds
  • Organising events in Hungary where attendees or delegates must pay admission

If you are currently, or plan to conduct any of the above (or similar) transactions in Hungary, you should contact us immediately for a complimentary consultation.

Hungarian

VAT Rates, Formats & Thresholds

VAT Rates

27%

(Standard)

5 / 18%

(Reduced)

VAT Number Format

HU12345678

Distance Selling Threshold

HUF 8,800,000

Intrastat Threshold

HUF170,000,000

(Arrivals)

HUF100,000,000

(Dispatches)

VAT Rates

VAT Number Format

Distance Selling Threshold

Intrastat Threshold

27%

(Standard)

5 / 18%

(Reduced)

HU12345678

HUF 8,800,000

HUF170,000,000

(Arrivals)

HUF100,000,000

(Dispatches)

Additional Hungary VAT Information