Companies and individuals issuing invoices in Hungary are
required to adhere to new processes and program functions from 1
January 2016.
The rules in connection with invoicing - how and when invoices
can or should be issued, which electronic programs are suitable for
this purpose and what the mandatory requirements and built-in
functions of these programs are – are very strict in Hungary
compared to other European countries.
After introducing a new obligation regarding the reporting of
the invoicing program used by entities (including the name and
version, owner or developer of the software and the date of the
invoice first issued with that software) to the National Tax and
Customs Authority at the end of 2014, new requirements will be in
force as of 1 January 2016 that relate to making possible a special
data export in order to facilitate tax revisions.
