eInvoicing Country Factsheets for each Member State & other countries
- Hungary has introduced real-time invoice reporting (RTIR) for electronic invoices (eInvoicing), which requires any taxpayer to register for VAT purposes if issuing an invoice with a VAT amount greater than or equal to HUF 100,000.
- The data must be reported immediately and without human intervention to the Hungarian tax authority (NAV).
- From 1 January 2021, all B2B and B2C transactions must be reported in real-time, regardless of the transaction amount.
- The NAV introduced the “NAV Online 3.0” system, which allows companies to exclusively report the XML file to NAV, which is then made available to customers as an electronic invoice.
- The Hungarian Tax Authority has a centralised RTIR model, and it is mandatory for all taxpayers to use the NAV Online Invoicing System to submit their invoice data.
Source ec.europa.eu
