Vat refund procedure 2024
Vat refund procedure 2024
We would like to draw your attention to an important upcoming deadline regarding the reclaim of value added tax (VAT) paid as specified in the points below during the 2024 calendar year. Within the framework of the VAT refund procedure, applications for the refund of such paid VAT amounts may be submitted to the relevant authorities until 30 September 2025.
How can we assist you?
Please be advised that the deadline for submitting the refund application is a preclusive time limit; as such, it is of utmost importance to begin preparing and submitting the required documentation well before the deadline of 30 September 2025.
Our experienced compliance experts are ready to assist you with the preparation and submission of VAT refund applications as well as the related procedures. Should you need support for any requests from the authorities, we remain at your disposal.
If you require further information regarding the detailed rules, please do not hesitate to contact us.
How can we assist you?
- We support Hungarian-established businesses in reclaiming VAT paid in EU Member States. Please note that the refund application may only be submitted by businesses that do not have a permanent establishment or fixed place of business in the relevant Member State and do not operate a branch through which revenues have been generated in that country.
- Businesses established in agreement third countries (such as Switzerland, Liechtenstein, Norway, Turkey, Serbia, and the United Kingdom) may also apply for a refund of VAT paid on their Hungarian acquisitions, provided they do not have a permanent establishment or fixed place of business in Hungary.
- We are also available to assist Hungarian clients who wish to reclaim VAT charged to them in one of the above-mentioned agreement countries.
Please be advised that the deadline for submitting the refund application is a preclusive time limit; as such, it is of utmost importance to begin preparing and submitting the required documentation well before the deadline of 30 September 2025.
Our experienced compliance experts are ready to assist you with the preparation and submission of VAT refund applications as well as the related procedures. Should you need support for any requests from the authorities, we remain at your disposal.
If you require further information regarding the detailed rules, please do not hesitate to contact us.