Tag "BDO"

Due to the risks, more and more companies are introducing policies for the use of artificial intelligence in the workplace

Assistive services using artificial intelligence (AI) (for example, various chatbots) are also spreading explosively in the workplace. The use of AI in everyday business is a relatively new phenomenon for...

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BDO: The European Commission’s proposals regarding the EU customs reform

The proposals of the EU customs reform include the creation of a new EU customs authority and the development of e-commerce. They contain important changes in taxation that are in...

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The latest EPR regulations have arrived, which affects everyone!

Sorry, this entry is only available in Hungarian....

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BDO: Domestic companies often do not enjoy a significant discount

Domestic companies could take advantage of a significant tax discount for their own investments, and in 2022 the range of beneficiaries was further expanded, yet many do not take advantage...

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BDO: Will the new warranty and guarantee regulation draft be a joy or a joy for the customer and the companies?

In our opinion, our professional material, which is of great interest, is comprehensive and accessible, although it is economic, but it approaches a topic from two sides, which may be...

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BDO: Two sides of the coin, economic factors, about the draft of the European Union that tightens the obligations of manufacturers, – warranty and service, or life beyond the slowing down of the society in Fogagásto

What does it mean for consumer society and for the corporate sector that the European Union plans to tighten further in order to make the operation of several manufacturing segments...

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BDO: The extended producer responsibility system brings new burdens and new tasks

The government decree on the detailed rules for the operation of the extended producer responsibility (EPR) system (Government Decree 80/2023. (III. 14.)) has been published, according to which, from July...

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Rough change in EU invoicing: companies will have only two days to issue and upload online

Real-time monitoring of invoice transactions is no stranger to Hungarian businesses, but it will not be the biggest challenge in the EU legislative package, which will be introduced in several...

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BDO: The ERP system can also be a double-edged sword if they do not understand it

Integrated ERP, or enterprise management systems, have been revolutionizing the global economy and business operations for quite some time. Today, they are practically essential above a certain business size or...

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NAV is expecting KATA-based enterprises

After the changes at the end of the summer, the kata can be on the table again, but this time on the control side. Lately, the tax authority has been...

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BDO: Money laundering, terrorist financing: let’s avoid even the appearance of it!

A company that does not do everything to eliminate risks related to money laundering and terrorist financing risks a serious penalty of up to hundreds of millions of forints. The...

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BDO: this is where you can tell if the corporate governance system is out of date

Enterprise resource planning (ERP) systems can also become obsolete if they are not updated or maintained from time to time, or if they do not follow the company’s development at...

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Transfer pricing rules are changing in Hungary

In the course of 2022, several laws were amended that affected the current transfer pricing rules. 32/2017, published most recently by the Ministry of Finance on December 9, 2022. Based...

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BDO: Significant company succession risks in the domestic SME segment

In the current, unpredictable macro environment, many companies are and may be in a difficult situation, but the risks may be magnified in the case of domestically owned companies that...

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Be energetic when it comes to energy!

According to Ádám Wilder, the director of BDO’s finance advisory division, not so long ago the number one energy-related problem of the European Union and Hungary was switching to greener...

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Can blockchains help companies go green?

Blockchain, as one of the most secure data storage technologies known today, can significantly improve the transparency of supply chains, making the environmental protection efforts of manufacturers transparent. With its...

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Rented IT speeds up the reaction time of companies

The crisis directed companies’ attention to rented IT services (SaaS) again. The IT resources and tools used in this way can not only be scaled immediately and flexibly to current...

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The pharmaceutical industry is suffering from post-covid syndrome

After the big boom in 2020-2021 related to the coronavirus epidemic, but not exclusively affecting vaccine manufacturers, the global pharmaceutical industry slowed down to its usual pace. The record revenues...

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BDO: Digitization is a competitive advantage for companies

The automation and digitization of business processes and related administration, and the exploitation of one’s own data assets, obviously represent a competitive advantage, speed up processes and reduce the possibility...

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BDO: The EU’s “green” obligations are a serious burden for companies

The EU’s green transition strategy imposes significant tasks not only on large companies, but also on companies in the SME sector and their managers, which essentially has not eased despite...

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Exchange rate, inflation, energy, labor shortage: these were the main topics of the Northeast Hungarian Regional Economic Forum

On September 27, business leaders from a total of 6 counties met in Debrecen to discuss the elements of the economic environment affecting companies, as well as the most fundamental...

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A klímaváltozás a kiskereskedelmet is érinti

Climate change is no longer a question, but a fact that presents economic actors with a multitude of tasks. The operation and performance of companies is already affected by climate...

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BDO: Foreign VAT can only be reclaimed by the end of the month

In Hungary, September 30, 2022 is the deadline by which the VAT paid abroad in 2021 can be reclaimed – Dr. Brigitta Mucsi-Szabó and István Rácz, the tax managers of...

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BDO: The food chain supervision fee must be paid by the end of the month

The payment of the fee must be preceded by a declaration, and the tax number of the person obliged to pay and the number of the downloaded financial document must...

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Domestic sailing awaits the Blue Ribbon in its ascent

Sorry, this entry is only available in Hungarian....

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Here is BDO’s detailed list of tax changes expected next year!

The Government of Hungary has submitted a budget bill for 2023 to the Parliament, which includes 4.1 per cent economic growth, a 3.5 per cent deficit target, a declining public...

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Everything you can know about the new special taxes so far

As is well known, the Government of Hungary has recently made a decision to establish a general defense and national defense fund, the source of which has been imposed on...

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Tender resources and fast payback spin the ERP market

In recent years, the penetration of enterprise resource planning (ERP) systems in Hungary has significantly expanded, and at the same time, solutions are becoming available to smaller and smaller companies....

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Unprecedented global collaboration between Microsoft and BDO

BDO not only uses but also offers Microsoft enterprise solutions to its customers. BDO’s global financial advisory network and Microsoft techie have deepened their previous collaboration into a strategic alliance....

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Being an artist is good, too, from a tax standpoint, says BDO’s tax director

April 15, Leonardo da Vinci’s birthday (1452) is World Art Day since 2019. This way of life, which many have identified with freedom and self-realization and which they envy, can...

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