The payment in euros is gaining an increasingly important role
in Hungary, especially in the payment of corporate tax, which since
August 2022 can be paid not only in forints but also in euros and
US dollars. Both companies and individuals can take advantage of
the benefits of paying in euros, especially when doing business or
invoicing in foreign currencies. The VAT law and consumer
protection regulations allow the use of foreign currencies in
Hungary, but it is important that the appropriate rules and legal
requirements are always followed, especially when concluding
consumer contracts in foreign currencies.
However, paying wages in foreign currency is generally not
permitted according to Hungarian legislation, although there is the
possibility for employees in leadership positions and individuals
working abroad to be paid in a currency other than forints. When
paying wages in foreign currency, the legal consequences, which are
determined by local consumer