Voluntary or mandatory VAT registration for non-resident VAT payers. In accordance with the general VAT rules, the non-resident tax payers have to be registered on VAT if supply goods/services in/from Hungary through permanent establishment to residents or non-residents.
The application forms available only in Hungarian and highly recommended to be filed only personally at the competent tax office in Budapest. Beside the completed and dully signed forms, the tax office need
- a Certificate of Good Standing or similar documents,
- notarized Signature Specimen
- appointment of the director(s) of the companyor similar document
- and a proxy for the person/company who will act on behalf of the non-resident taxable person.
The tax office usually issue the VAT numbers (domestic and community as well) within 8 days or send request for additional documents, confirmations.
VAT returns, refunds
The HU VAT returns and VIES forms have to filed quarterly according to the general rules, in case the payable VAT amount exceeds the 1 million HUF, the VAT return and VIES should be filed monthly. In accordance with the new rules effective from y2013 the tax office require details VAT records attached to the HU VAT reports included the VAT number and invoice amount and number of the partners.
The tax office have to refund the reclaimable VAT to resident VAT payers within 30 days, or within 45 in case the refund exceeds the 500 000 HUF. The deadline of the refund is 75 days if the invoices of the VAT are not fully paid.
We can assist you register your company on VAT in Hungary and also can provide you VAT accounting services as well.