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Audit & Assurance in Hungary
Independent audits and reviews that investors, lenders and regulators can rely on. In Hungary, that means local law, local regulators and local practice, handled by a qualified professional who practises there.
Who handles this work
On request
WONE Global can find the right Audit & Assurance professional in Hungary for you.
No WONE Global Partner holds this yet. Send us your requirement: WONE Global confirms whether a vetted Associate firm can act, tells you who it is and checks for conflicts before any work begins.
Bring a requirement →Hungary at a glanceCentral & Eastern Europe
Budapest · Tuesday 3 November
21:49
Local time
- Currency
- HUF
- Working week
- Monday – Friday
- Dialling code
- +36
- Region
- Central & Eastern Europe
Scope
What the service covers here
- 01Define the assurance scope
- 02Coordinate statutory or group audit requirements
- 03Address local reporting standards
- 04Support remediation of material findings
Key questions
What we will work through with you
- What needs to be decided before audit & assurance work starts?
- Who is professionally responsible in each country?
- Which other work, such as tax or employment, must happen at the same time?
- What information and decisions are needed from the business?
If your work involves another country or another area of expertise, WONE Global brings in the right professional and keeps all advisers informed.
Also in Hungary
Other services in this market
Appointed services show their named professional. Open positions link directly to the Expression of Interest form.
Legal & ContractingOpen position · Expression of Interest →Tax & International StructuringOpen position · Expression of Interest →Corporate & Entity ServicesOpen position · Expression of Interest →Government & Regulatory AffairsOpen position · Expression of Interest →Employment, Payroll & MobilityOpen position · Expression of Interest →Commercial Intelligence & Market ResearchOpen position · Expression of Interest →Accounting, Reporting & Statutory ComplianceOpen position · Expression of Interest →Finance & TreasuryOpen position · Expression of Interest →Banking & Capital AccessOpen position · Expression of Interest →Payments, Foreign Exchange & SettlementOpen position · Expression of Interest →Insurance & Risk TransferOpen position · Expression of Interest →Transactions & DealsOpen position · Expression of Interest →Trade, Customs & Supply ChainOpen position · Expression of Interest →Technology, Data & CyberOpen position · Expression of Interest →Intellectual Property & Brand ProtectionOpen position · Expression of Interest →Risk, Compliance & Financial IntegrityOpen position · Expression of Interest →Disputes & ResolutionOpen position · Expression of Interest →
Cases
What clients bring to Audit & Assurance
The cases this service leads or joins, each with what is at stake, how WONE Global handles it and who handles it in Hungary.
We need a credible valuation of a business abroad. Who can do it?Corporate ownership & governanceOur business requires its first statutory auditAudit, assurance & financial integrityAn audit opinion has been qualifiedAudit, assurance & financial integrityThe audit committee needs an independent controls reviewAudit, assurance & financial integrityA lender wants assurance over financial informationAudit, assurance & financial integrityOur overseas subsidiaries need coordinated audit workAudit, assurance & financial integrityA transaction requires audited carve-out financial statementsAudit, assurance & financial integrityWe need assurance on an agreed set of financial proceduresAudit, assurance & financial integrityThere are unexplained inconsistencies in inventory recordsAudit, assurance & financial integrityOur charity needs an independent financial auditAudit, assurance & financial integrity
What the guides say · Hungary
What Audit & Assurance involves in Hungary
The topics from the Hungary guide that this work depends on.
Key facts
Essentials · source-checked
- Corporate income tax
- 9%, plus local business tax up to 2%
- VAT
- 27% standard; 18% and 5% reduced
- Main entity form
- Kft, minimum capital HUF 3 million
- Foreign investment
- Ministerial approval in strategic sectors, sometimes including EU investors
- Currency and capital flows
- Hungarian forint (HUF); no exchange controls
- Data protection
- GDPR and Information Act; NAIH
- New York Convention
- Party
- Withholding tax
- None on dividends, interest or royalties to foreign companies
The topics this work touches
- Tax & Statutory
Hungary has a low 9% corporate income tax but also a municipal local business tax and, in some sectors, extra-profit taxes. The standard VAT rate is 27%.
Read the essentials
Our full guides are checked against official sources. Guides drafted with AI are marked as such. None of this is legal or tax advice.
WONE Global Intelligence
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