Having control over your accounting responsibilities, while staying compliant with all different rules and regulations will help your Hungarian business grow. Budapest Consulting is here to keep all Hungarian requirements applicable in order.
We provide qualified taxation experts, experienced accountants and an overall knowledgeable team for:
- Accounting Advisory
- Business Advisory
- Bookkeeping
- Financial Reporting
- IFRS Reports and Statements
- Tax Returns
- Accounting Audit
- Tax Accounting
- Comprehensive Accounting Services
- Controller Services
- Payroll
Budapest Consulting provides not only the usual accounting and booking services for your business but also NAV Representation, Controlling services, Invoicing, Tax advisory and Audit as well. We manage our accounting services beyond usual as we additionally provide innovative solutions in connection with accounting needs.
Accounting Fee: 170 Euro/month
Why Do You Need to Consult with a Professional?
If you’re thinking about moving to Hungary, or if you’re already living there, the first thing on your mind is probably taxes. It’s natural – every country has its own tax laws, and especially for expats it can be hard to understand them. Luckily, if you ask an accountant they can help you a lot with that.
An accountant is not just a person who fills out your taxes; they are professionals who have many years of experience in taxation. They know the tax laws inside and out and will offer invaluable insight into reducing your tax burden.
Accounting Advisory
An accountant can help you plan your finances and make sure that they are in order. If you’re living in Hungary on a long-term basis or you have a company in Hungary, it’s important to understand the tax laws and how to keep your finances in order.
An accountant can help you set up a budget and keep track of your finances. They can also provide advice on investments and other ways to earn money. An accountant can help you keep track of your spending and make sure that you don’t spend too much. They can also help you diversify your investments to reduce the risk.
Business Advisory
If you own or plan to own a business in Hungary, a tax advisor can help you understand the tax laws that apply to you as a business owner. They can also help you set up a financial plan that fits your needs and keeps you on track.
Businesses are required to file a certain number of forms and make certain tax payments. If you don’t do it correctly, you can get audited and incur heavy fines. A tax advisor can help you set up the right financial plan for your business. This includes filing all the right forms and making the correct tax payments. They can also manage cash flow, reducing capital expenditures and more.
Bookkeeping
Bookkeeping is a very important part of running a business, but it can be very time-consuming. If you own a small business and also work in it, keeping track of your finances can be very difficult.
A trained accountant can help you set up the right bookkeeping system for your business. This includes keeping track of all the financial transactions, tracking inventory and managing your receivables. They can also help you stay on top of your taxes by keeping records of your expenses, and making sure that you don’t accidentally claim something twice.
Financial Reporting
Every business needs to file reports to keep the government in the loop about their progress. A trained accountant can help you set up the reports that you need to file and make sure that they are filed correctly.
This can include everything from quarterly corporate taxes to the annual VAT return. A tax accountant can help you set up the reports that you need to file and make sure that they are filed correctly.
Tax Returns
In Hungary you file taxes once a year. This means that you need to keep track of all of your expenses for the entire year and report them on your tax return. This can be very difficult for the average person, but it’s much easier for a trained accountant.
You are required to file a tax return every year. A tax accountant can help you keep track of all your expenses throughout the year and report them on your tax return.
Accounting Audit
If you’re new to Hungary or you own a Ready made Company, or if you’re thinking about switching accountants, an audit can help you make sure that your accountant is qualified and your business accounting is correct. An accounting audit can help you make sure that your accountant is following the right procedures and making the right decisions.
Tax Accounting
Tax accounting is a specialized field that is designed to make sure that your taxes are as low as they can be while still complying with tax laws. A trained accountant can help you make sure that you are taking advantage of all the deductions that are available to you.
They can also make sure that you don’t over-report your income, which can cause you to incur fines.
Controller Services
A controller’s job is to make sure that the finances of a company (or in some cases, a person) are accurate and correct. A trained accountant can help you set up a system that makes sure that everything is recorded correctly and stays that way.
This can be very difficult for the average person, but it’s much easier for a trained accountant.
Payroll
If you own a company, you may be required to hire people and pay them a salary. This can be very complicated, but a trained accountant can help you set up a system that makes it easier.
They can help you determine what you need to pay your employees and make sure that those payments are reported correctly to the government.