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Kókai Tömítéstechnikai Kft. – Portfolio expansion in Ajka

Kókai Tömítéstechnikai Kft., a manufacturer specializing in sealing technology, is creating 60 new jobs in Ajka with an investment of HUF 2 billion (EUR 5.5 million).

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Hankook – EU Approval for Major Project

The European Commission has approved state aid amounting to EUR 71.6 million for a major project by the South Korean tire manufacturer Hankook.

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4iG Group – Cooperation with Rheinmetall

4iG Group and Rheinmetall are deepening their cooperation in the strategically important sectors of defense and the international space industry.

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Tax effective fringe benefits in Hungary from 2026

In our newsletter, we will give you an overview of the current fringe benefit elements and their tax rates applicable in the year 2026 in Hungary, following the changed rules adopted last days of November 2025.

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Recent tax changes in Hungary

On 18 November 2025, the National Assembly adopted the autumn tax package in Hungary. The most important amendments are summarised in our latest newsletter.

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New Transfer Pricing regulation in Hungary

The new regulation brings significant changes to transfer pricing rules and modifies the domestic framework for transfer pricing documentation in several areas. Below, we summarize the key elements of the decree and their practical implications.

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Moving to Lower Tax Countries / Tax Residency Planning

A change in someone’s residency status results in a change in the tax liabilities. Therefore, whether you are planning to move to another country for a longer period or settle down, or your children study abroad and you want to accompany them, you will likely need tax assistance.

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Payroll for Hungarian employees of foreign employers

This service is recommended to foreign enterprises that wish to employ a Hungarian employee for work to be done in Hungary without having to set up a Hungarian subsidiary or branch office.

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VAT compliance services

Foreign companies may need to be registered and to file VAT returns in connection with their Hungarian business activities.

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    Exchange rates

    11 May 2026

    2.82 EUR 1000 HUF
    3.32 USD 1000 HUF
    2.58 CHF 1000 HUF
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