Tower Consulting

About Tower Consulting

Budapest accounting practice led by its owner, a chartered accountant and tax adviser, serving more than two hundred companies and stating over fifteen years of experience. A large part of its portfolio consists of foreign-owned Hungarian subsidiaries and newly arrived entrepreneurs, and the firm runs a dedicated page explaining how to start a business in Hungary from abroad. Bookkeeping can be delivered in English and Italian, and the work is described as meeting IFRS requirements. The practice combines monthly accounting and payroll with tax advisory, personal income tax returns and representation before the Hungarian authorities. For new arrivals it adds a one-stop route that covers lawyer-prepared corporate documents, court registration, tax number, an official seat and help opening a bank account. The team page lists around ten accountants, payroll clerks and client managers.

Services

Company registration handled end to end, with corporate documents drafted by a lawyer, filing at the court of registry, tax number and official seat; bank account opening support; monthly bookkeeping and financial reporting under Hungarian rules and IFRS; payroll processing under the Labour Code; corporate tax advisory and planning; personal income tax returns for individuals; representation before Hungarian authorities and statutory annual report preparation.

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