Pannonia Consulting Kft.

About Pannonia Consulting Kft.

Pannonia Consulting is a Budapest practice that has worked in accounting, payroll and audit in Hungary for over fifteen years and serves its clients in German as well as Hungarian. Its core audience is German-speaking businesses with Hungarian operations, supported by staff trained in German accounting and tax practice. The firm advises foreign companies that perform assembly work, supply goods or employ sales staff locally and need a tax presence, and it looks after seconded employees and expatriates. Around a dozen professionals are listed, including tax advisers, auditors and payroll specialists. Additional offers include liquidation of Hungarian companies, interim management and nearshoring through outsourced finance functions. Legal work such as incorporations is handled by cooperating law offices rather than by the firm itself.

Services

Bookkeeping in Hungarian or German, annual accounts under Hungarian law and reporting packages for group consolidation. Tax returns, VAT registration of foreign companies, VAT refunds for non-Hungarian businesses, tax-authority negotiations and audit support. Payroll for local staff and seconded employees, social-security advice and work-permit information. Company liquidation, restructurings, management consulting, shared-service and outsourcing solutions, and advice on choice of legal form.

• ✕ Company formation: not listed
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✓ Audit: offered
• ✕ Bank account assistance: not listed
• ✕ Residency and visas: not listed
• ✕ Corporate secretarial: not listed
• ✕ Virtual office: not listed