Tax return preparation
We specialize in expatriate tax return preparation, which includes tax return preparation for foreign nationals living and/or working in Hungary, e.g. in the framework of a foreign assignment.
Tax compliance
Our expatriate tax compliance services also includes tax ID applications, tax advance calculations during the tax year and applications for tax residency/income/tax certificates. You need such services to apply beneficial tax treaty rules and to avoid double taxation.
Tax planning
Tax planning for inbound and outbound employees: our expatriate tax service team considers tax consequences for those employees coming from or going to abroad.
Tax equalization calculations
We make “Equalization” calculations to determine payments necessary to make the assignee “whole” on an after-tax basis. We also consult about issues like stock-based compensation, retirement plan benefits, and other incentive and deferred compensation arrangements within the scope of our expatriate tax services.
Specialized Assistance to Enable a Global Workforce
The international relocation of executives and key employees is a common feature of today’s business world.
International relocations involve moving between countries with differing immigration, social security, work permit and taxation laws.
To minimise inconvenience and to also benefit from expatriate tax concessions, expatriate executives and employees need timely advice on the consequences of these differences.
They need tax professionals who can provide a combination of local attention and global capabilities.
Our skilled team of expatriate tax professionals can provide you with the necessary proactive advice and support.
Our specialist expatriate tax professionals work together to plan for and provide a wide range of opportunities for both expatriate and inpatriate individuals.
Social security returns
Our experienced team prepares monthly social security returns, which are sometimes needed for foreign nationals living and/or working in Hungary, e.g. in the framework of a foreign assignment.
Social security compliance
Our expatriate tax and social security compliance services also includes social security ID applications, applications for social security residency certificates or applications for social security exemptions. You need such services to apply social security treaty rules and to avoid double paying of social charges.
Social security planning
Social security planning for inbound and outbound employees: our experienced professional service team analyse the international and domestic social security consequences for those employees coming from or going to abroad.
Our consulting services are provided provided by experienced professionals.
Specialized Assistance to Enable a Global Workforce
The international relocation of executives and key employees is a common feature of today’s business world.
Such relocations involve moving between countries with differing immigration, social security, work permit and taxation laws. To minimise inconvenience and to also benefit from tax concessions, expatriate executives and employees need timely advice on the consequences of these differences.
They need tax professionals who can provide a combination of local attention and global capabilities.
Our skilled team of tax professionals can provide you with the necessary proactive advice and support. Our specialist tax services professionals work together to plan for and provide a wide range of opportunities for both expatriate and inpatriate individuals.
Departure tax consultation
One of our experienced team members meet with the expatriate individual prior to departure from the home country to explain taxation consequences of departure. We also identify opportunities for tax planning in the home country. In addition, we gather details of the expatriate’s situation for forwarding to the tax firm in the expatriate country.
Arrival tax consultation
An experienced member of our team contacts the expatriate before or on arrival in the host country. The purpose of the meeting is to outline the tax consequences of the assignement. We also identify any tax planning opportunities in the host country, including structuring of the expatriate’s remuneration to benefit from any host country tax concessions.
Expatriate payroll consulting
Our expatriate payroll consulting services help employers to establish expatriate payroll systems that drive efficiency and mitigate compliance risks by addressing international and local HR, payroll, finance, and accounting processes.
Tax representation services
We provide assistance during tax audits. The tax representation may include the following services depending on your needs.
– Providing specific answers to all the questions raised before or during the tax audit.
– Personal involvement in on-site audits and consultations.
– Managing the official written communication with the tax authority.
– Taking legal remedy steps, if necessary (observation to the protocol, appeal, administrative actions).
– Due diligence prior to the tax audit (simulation of a tax audit in order to identify and manage potential risk points).
Specialized Assistance to Enable a Global Workforce
The international relocation of executives and key employees is a common feature of today’s business world.
Such relocations involve moving between countries with differing immigration, social security, work permit and taxation laws. To minimise inconvenience and to also benefit from tax concessions, expatriate executives and employees need timely advice on the consequences of these differences.
They need tax professionals who can provide a combination of local attention and global capabilities.
Our skilled team of tax professionals can provide you with the necessary proactive advice and support. Our specialist tax services professionals work together to plan for and provide a wide range of opportunities for both expatriate and inpatriate individuals.
The Importance of Exptariate Tax and Global Mobility
Global mobility and expatriate tax is becoming increasingly important for growth-focused enterprises. Before relocating staff overseas, you’ll want to consider various aspects of global mobility.
Like immigration requirements and permissible legal structures, alongside procedural challenges, like deployment workflows. This ensures that the process of global deployment is seamless for each of your employees.
Expatriate Tax Services
We provide full-scale global mobility and expatriate tax services for foreigners working and/or living in Hungary. These inlcude expatriate tax and social security return preparation, tax and social security registration services, and related consultancy according to your needs and provided by experienced professionals (please also see our tax services).
