The European Union\'s new Artificial Intelligence Regulation (AI Act) introduces new challenges and obligations for organizations that use artificial intelligence. The EU AI Act is the first regulation that focuses exclusively on the functioning and impact of artificial intelligence. The goal is to support innovation while simultaneously protecting people.
Read moreThe resolution on dividend is taken once a year when the financial statements are approved and the company\'s supreme body decides on the amount and payment of the dividend. Under the effective legal regulations, the untied retained earnings supplemented by the after-tax profit of the previous business year is considered for the purposes of dividend.
Read moreSAP is one of the most widely used enterprise resource planning software packages in the world, which is used by businesses to enhance the efficiency of various processes and operations. Numerous companies use the different modules of SAP, such as SAP Payroll solutions, to gain a competitive advantage and optimise their operations in Hungary as well.
Read morePreparing financial statements is one of the most complex annually recurring tasks in corporate accounting. The preparation of annual financial statements is not only a legal requirement, but also a key element of corporate transparency. During the closing process, it is essential that all items are processed accurately and in line with the Accounting Act.
Read moreOn the basis of our team of experts' complex tax, VAT, IT and legal expertise and experience
we are able to provide an effective advisory to our clients to fulfil real-time invoice reporting obligations.
