Budapest Tax Advisory
Professional tax consulting services in Budapest, Hungary, aimed at businesses and individuals seeking expert guidance on Hungarian taxation. These services typically include:
• Corporate Tax Planning – Advising companies on Hungary's favorable 9% corporate tax rate and other tax benefits.
• Company Formation & Compliance online – Assisting with setting up businesses in Hungary, VAT registration, and ongoing tax compliance.
• International Taxation – Structuring cross-border business activities to optimize tax efficiency.
• Accounting & Payroll Services – Ensuring compliance with Hungarian tax regulations and financial reporting requirements.
Given Hungary's attractive tax environment, many foreign investors seek Budapest tax advisory services to optimize their tax liabilities while ensuring full legal compliance.
Innovative Europe Consulting Kft is the perfect choice for those seeking expert international tax advisors in Budapest. Active since 1999, we offer extensive experience and in-depth knowledge of Hungarian and European tax regulations. Our expertise allows us to provide tailor-made solutions to optimize your tax burden, fully leveraging Hungary's 9% flat tax—one of the lowest in Europe.
By choosing us, you gain a reliable partner who understands the needs of international entrepreneurs, ensuring continuous support and complete transparency in every transaction. We assist our clients from company formation to day-to-day accounting management, simplifying every bureaucratic aspect.
Innovative Europe Consulting Kft is not just an accounting firm but a strategic ally for growing your business in Hungary and beyond. With us, you can feel "at home" even abroad, benefiting from an advantageous tax system and personalized assistance.
Tax solution given...
1. IT Holding Transferred from Milan to Budapest
Sector: Technology / Software
Year: 2019
Problem: 24% taxation in Italy, high tax pressure on dividends
Solution:
- Opening of a Hungarian holding company
- Transfer of shares and legal headquarters
- Application of the EU Directive for dividend exemption
Result:
- Flat tax rate of 9%
- Over €80,000 annual tax savings
- Fully optimized dividend distribution
2. Digital Marketing Freelancer Optimizes Taxation
Sector: Digital Services / Freelance
Year: 2023
Problem: High Italian personal income tax (IRPEF), limited tax flexibility
Solution:
- Opening of an individual Hungarian VAT number
- Transfer of tax residence to Budapest
- Ongoing legal and accounting support
Result:
- Taxation reduced to 9%
- €15,000 annual tax savings
- Simplified management, lower cost of living, and streamlined bureaucracy
3. E-commerce Optimizes Structure and Profits
Sector: Online Sales
Year: 2021
Problem: High costs in Italy, margins eroded by taxes and compliance requirements
Solution:
- Establishment of a Kft company in Hungary
- Centralized accounting and logistics in Budapest
- Operational simplification
Result:
- Drastic reduction of fixed costs
- Estimated annual tax savings of €40,000
- Smooth access to the European market
4. Technical Consultant Eliminates Double Taxation
Sector: Engineering / Foreign Consulting
Year: 2020
Problem: Paid taxes both in Italy and abroad
Solution:
- Transfer of residence to Hungary
- Opening of a personal Kft company
- Application of double tax treaties
Result:
- Taxes paid only in Hungary at 9%
- €25,000 annual tax savings
- Professional continuity without fiscal obstacles
Company formation Hungary online
Unlock Your Business Potential in Budapest with Innovative Europe Consulting Kft
Are you ready to take your business to the next level?
Discover the power of expanding your company in one of Europe's most dynamic and business-friendly environments: Budapest, Hungary.
At Innovative Europe Consulting Kft, we specialize in helping entrepreneurs like you establish and grow successful businesses in Budapest, leveraging Hungary's competitive advantages, including its 9% corporate flat tax—the lowest in the European Union.
Why Choose Budapest for Your Business?
✅ Flat Tax at 9% – Maximize your profits with the most competitive corporate tax rate in Europe.
✅ Strategic Location – Operate at the heart of Europe with easy access to key markets.
✅ Business-Friendly Regulations – Simple company formation process with minimal bureaucracy.
✅ Skilled Workforce – Access to a highly educated, multilingual talent pool.
✅ Cost-Effective Operations – Lower operating costs compared to Western Europe.
How We Help You Succeed
At Innovative Europe Consulting Kft, we provide comprehensive support tailored to your needs:
• Company Formation: Fast and hassle-free incorporation in Budapest.
• International Tax Consulting: Optimize your tax strategy for maximum efficiency.
• Accounting & Compliance: Full-service bookkeeping, reporting, and legal compliance.
• Business Growth Strategies: Expert advice to scale your operations across Europe.
Start Your Business Journey Today!
Don't let complex procedures slow you down. Focus on your business—we'll handle the rest.
Contact us today for a free consultation and discover how easy it is to open your company in Budapest with Innovative Europe Consulting Kft.
Inter Tax Optimization
1. Tax Efficiency
The goal is to reduce the effective tax rate by utilizing favorable tax regimes, such as low corporate tax jurisdictions, tax exemptions, or deductions available in different countries.
2. Legal Compliance
All tax optimization strategies must comply with the laws of the countries involved. The focus is on legal planning—not tax evasion. Transparency is essential to avoid legal risks.
3. Substance Over Form
Many countries follow the "substance over form" principle, meaning that a company must have real business activities (offices, staff, management) in the country where it claims tax benefits.
4. Double Taxation Treaties (DTTs)
These treaties prevent businesses from being taxed twice on the same income. By utilizing DTTs, companies can reduce withholding taxes on cross-border payments like dividends, interest, and royalties.
Common Strategies for Tax Optimization
1. Choosing the Right Jurisdiction
• Establish companies in countries with low corporate tax rates (e.g., Hungary with a 9% flat tax).
• Consider jurisdictions with favorable tax treaties and strong legal frameworks.
2. Holding Company Structures
• Set up a holding company in a tax-efficient country to manage international subsidiaries.
• This can reduce taxes on dividends, capital gains, and royalties.
3. Transfer Pricing Optimization
• Properly structure transactions between related entities in different countries to reflect fair market value.
• Helps in allocating profits to jurisdictions with lower tax rates while staying compliant with OECD guidelines.
4. Intellectual Property (IP) Planning
• Register intellectual property in countries with preferential tax regimes for IP income (e.g., patent box regimes).
• Reduces taxation on royalties and licensing revenues.
5. Utilizing Tax Credits and Incentives
• Take advantage of tax credits, R&D incentives, and grants available in certain countries to reduce taxable income.
The Role of International Tax Consultants
At Innovative Europe Consulting Kft, we help businesses:
• Analyze their global operations to identify tax optimization opportunities.
• Design tax-efficient corporate structures tailored to their business goals.
• Ensure compliance with international regulations like the OECD's BEPS framework.
• Navigate complex tax treaties and cross-border issues effectively.
Why International Tax Optimization Matters
• Reduce Global Tax Liability: Maximize profits by minimizing tax costs.
• Improve Cash Flow: Free up resources for reinvestment and growth.
• Enhance Competitiveness: Operate efficiently in multiple markets.
• Ensure Legal Security: Avoid penalties through compliant strategies.
Start Optimizing Your Taxes Today
Contact Innovative Europe Consulting Kft to discover how we can help your business achieve tax efficiency across borders.
Contact us
innovative europe consulting
1066 Budapest, Zichy Jenő utca 34 fszt 2