Hungary allows foreign VAT registrants resident in the EU and Switzerland to reclaim VAT incurred in Hungary. Although the process has changed as of 1 January 2010 and foreign companies resident in other EU member states (not including Switzerland) are already able to submit their VAT refund claim in their home country, the process is still quite complicated and requires direct communication with the Hungarian tax authorities.
Since the communication in languages other than Hungarian may cause significant delays in processing the refund claim, as well as there are typical situations where the Hungarian tax authorities may want to make detailed investigations to verify the refund claim, a local help to overcome these obstacles is strongly recommended.
Our experts have built a direct and very good relationship with the Hungarian tax authority's foreign VAT department and have a 100% success rate in securing foreign VAT reclaims.
IMPORTANT: due to the elctronic VAT filing introduced from 1 Januray 2010, our services can help the most if we are able to represent the foreign company from the beginning. This requires the designation of OrienTax as an authorised representative already in the VAT refund claim submitted in the home country.
Our services would come in the following
OrienTax Consulting Ltd.
1133 Budapest, Váci út 76.
E info@orientax.hu
P 00 36 1 883 0374
F 00 36 1 883 0496