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Registered office, permanent establishment, branch office, document storage location, place of central administration

Rules tightened for registered office services from 10 June 2021

Registered office, permanent establishment, branch office, document storage location, place of central administration – terms which nearly all Hungarian businesses have encountered and are familiar with. Or maybe not? These frequently used terms have become part of everyday life for businesses, yet they need clarification and the related reporting obligations, if any, must be highlighted. On a related note, it is also important to mention that as part of the spring tax law amendments, the rules for registered office services were tightened as of 10 June 2021.

Source WTS

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