The Hungarian corporate tax regime offers a wide range of lawful opportunities for businesses to reduce their tax burden. These corporate tax incentives, however, are often tied to complex regulations, require the simultaneous fulfilment of multiple conditions, precise planning, professional documentation, and proper timing. An investment, a development project, or even hiring a new employee can unlock incentives that lead to significant financial savings. Yet these opportunities are easily missed if the company is not fully aware of all applicable tax base allowances or targeted tax incentives.
Optimising corporate tax base adjustments and specific tax incentives – from planning to tax audit
The advisers of WTS Klient Hungary ensure that these benefits do not go unclaimed. Our team of experts keeps track of the latest Hungarian and EU legislative changes and has extensive experience in applying corporate tax incentives.
Whether it is R&D activities, energy-efficiency investments, support for spectator team sports or cultural projects (e.g. live music events, film production), we assist with interpreting the requirements, preparing documentation, and guiding you through the entire process from planning to filing and audit.
Our services – step by step
1. Mapping and optimising tax base allowances
- analysis: which types of costs or expenditures can be claimed as tax base reductions (e.g. development reserve, R&D expenses, impairment, loss carryforwards)?
- consulting on possible adjustments to pre-tax profit for corporate tax purposes
2. Supporting the utilisation of targeted tax incentives
- detailed analysis and legal interpretation for the following incentive types: investment and energy-efficiency incentives; employment-related tax incentives; R&D project incentives; incentives linked to social or cultural support (e.g. sport, music, film)
- assessing eligibility for the allowance based on the nature and value of the investment; the regional classification (beneficiary areas); the job creation or innovation-driven development and the compatibility and accumulation of incentives with other state or EU aid
- preparing the submission package for the Hungarian Ministry of National Economy – ensuring formal and substantive compliance
3. Project management and monitoring
- monitoring implementation of the investment and ensuring compliance throughout the project period
- tracking deadlines and obligations
- documentation support
- maintaining communication with the authorities
4. Applying the incentive in the corporate tax return
- preparation of the corporate tax return and correct application of the corporate tax incentives in the tax return
- calculation of the incentive and preparation of supporting documents
- preparing for tax audits, developing self-revision strategies where necessary
5. Representation and advisory in case of official inspections
- representation during audits of the Hungarian tax authority (NAV) or a Ministry
- compilation of documentation and preparation of expert opinions
- personal appearance and representation where required
Why WTS Klient Hungary?
- decades of experience in the field of corporate tax incentives
- complex advisory approach: tax, accounting, and subsidy advisory from a single source
- strong international background – as a member of WTS Global, we understand the needs of international investors
- audit experience with a practical focus
Maximise financial benefits fully compliant
If you believe your business may be eligible for corporate tax incentives – or you simply want to make sure you are not leaving money on the table – contact the corporate tax experts at WTS Klient Hungary with confidence.
