- Hungary is modernizing its invoicing and tax reporting system to enhance VAT control and align with EU digital standards.
- B2B and B2C e-invoicing are not mandated, but there is a partial mandate for B2G transactions.
- Since 1 November 2019, public authorities must accept and process structured e-invoices for public procurement contracts above EU thresholds.
- The National Tax and Customs Administration operates the NAV Online Invoicing System, central to Hungary’s VAT real-time invoice reporting regime.
- Since 2018, all VAT-registered taxpayers must electronically report invoice data to NAV.
- In 2021, the reporting obligation expanded to all B2B, B2C, intra-community, and export transactions.
- Invoices must be submitted electronically in XML format and can serve as valid e-invoices if they meet formatting requirements.
- B2B e-invoicing mandate starts on 1 July 2025 for the electricity and natural gas sectors.
- Hungary’s e-invoicing framework includes a B2G receiving mandate, a real-time VAT reporting system, and a sector-specific B2B requirement starting in 2025.
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Hungary"
- Briefing Document & Podcast: Hungary’s Digital Tax Reporting Landscape: E‑Invoicing, E‑Reporting, SAF-T and E‑Transport
- Hungary’s Carbon Tax Conflicts with EU Emissions Trading System Directive 2003/87
- Hungary Issues VAT Group Succession Guidelines Covering Transition Period Requirements
- ECJ Rules VAT Refund Administration Fees Taxable in Hungary for Non-EU Customers
- New Hungarian VAT Guidelines for Accommodation Cancellations: Key Insights and Provider Actions
