BPO Audit Tax

Audit, tax and accounting in Hungary

From Hungary, BPO Audit Tax carries out audits, bookkeeping, payroll and tax work for clients at home and abroad. It belongs to the MGI Worldwide network, which the firm lists among its memberships, and it says it has been in business in Hungary for more than twenty years. Its services are aimed at companies in Hungary and at foreign businesses that need a Hungarian presence for their tax, payroll or accounting.

Audit services

The audit practice takes in statutory engagements, reviews of company transformations, internal audit and checks on grant funding. The firm publishes a quality assurance report, which it lists alongside its client information.

Tax and financial due diligence

Tax and financial due diligence is offered to buyers and sellers ahead of a transaction. It examines the tax and financial position of a business so that the parties to a deal understand what they are taking on. The firm presents this as a separate service that sits alongside its audit work.

Accounting, payroll and international payroll

Accounting services include bookkeeping, payroll accounting and support for shared service centres. Payroll outsourcing lets a client hand the running of payroll to the firm, and international payroll covers staff who are employed across borders. The firm works with SAP Business One for its accounting and records, and that software is part of the service it offers clients who use it.

VAT registration in Hungary

Foreign businesses that need to register for VAT in Hungary can use the firm to handle the registration. The firm also keeps clients informed of changes in Hungarian tax law, through written updates and a yearly tax conference, and it has covered topics such as transfer pricing documentation and tax audit practice.

Support for shared service centres

The firm supports shared service centres, the in-house units that many international groups use to process accounting and payroll for several countries. Its support covers the processes these centres run and the reporting that comes from them.

Clients and contact

The firm serves owners and managing directors of Hungarian companies, employers of Hungarian staff working abroad, and individuals who need advice on Hungarian tax. Clients can request a quotation or arrange to speak with the firm about their needs, and the firm asks clients to keep in touch for its updates.