Axsys electronic invoicing in Hungary¶

Axsys Invoicing is your trusted partner for safe, efficient, and legally compliant e-invoicing solutions tailored to Hungary’s regulatory standards.

Legal framework for e-invoicing in Hungary¶

In Hungary, businesses must adhere to e-invoicing regulations to ensure secure, authentic, and storable transactions. The primary legal framework is the Hungarian VAT Act (Act CXXVII of 2007), which mandates real-time reporting of invoices to the NAV Online invoice system, Hungary’s government e-invoicing platform. As of 2021, all B2B and B2C invoices must be reported in real-time, regardless of value. Hungary’s regulations do not currently require B2G e-invoicing, but public sector invoicing is encouraged via the Peppol network. Common formats for e-invoicing include XML for NAV submissions and other structured formats to streamline compliance.

Compliance with Hungarian e-invoicing regulations¶

Axsys invoicing module is designed to help businesses meet Hungary’s e-invoicing and VAT reporting requirements. Here is how Axsys ensures compliance:

Supported Formats: Axsys supports the standardized XML format required for integration with the NAV (Nemzeti Adó és Vámhivatal) Online Invoice System, ensuring seamless real-time invoice reporting. The module also supports formats compatible with Peppol for cross-border transactions, promoting compliance with EU e-invoicing standards. Axsys enables businesses to automatically report invoices to the Hungarian tax authorities in real-time, as required by law.
Secure storage and retrieval: In accordance with Hungarian regulations, which mandate storing invoices for a minimum of eight years, Axsys securely archives all invoices in a tamper-proof system, allowing for easy retrieval during audits.
Automatic VAT calculation and reporting: Axsys Invoicing automates VAT calculations and ensures invoices meet the strict requirements of the Hungarian VAT Act, simplifying compliance for B2B and B2C transactions.

Disclaimer

This page provides an overview of Hungarian e-invoicing laws and how Axsys Invoicing supports compliance with the Hungarian VAT Act, NAV Online Invoice System, Peppol standards, and other relevant regulations. It does not constitute legal advice. We recommend consulting with a tax advisor or legal professional familiar with Hungarian e-invoicing regulations to ensure compliance tailored to your specific business needs.