Sustainable Tax and Legal Services

Paperless Office Environmental taxes Equal salary Sustainable accounting State subsidies Legal

Paperless Office

E-invoicing
E-archiving
E-signature
Digitalization of paper based documents
Process digitialization

E-invoicing

PwC Hungary helps your company to set up proper and complient e-invoicing processes in order to avoid receiving and issuing paper invoices in the future.

E-archiving

Both paper-based and elctronic documents may be archived electronically. If your company intends to introduce an e-archiving method in line with local regulations, PwC Hungary's specialzed team is at your disposal.

E-signature

Many companies are using different types of e-signatures for various purposes, aiming to make e-contracting and e-document processing possible. If your company is interested in the legal regulation and practical consideartions regarding e-signatures, PwC Hungary can help you.

Digitalization of paper based documents

Do you know that your company can digitize old paper-based documents, allowing it to retain only the digitized version of them?

Process digitialization

PwC Hungary's specialised tax team, together with the legal and smart tax teams, support companies by providing ideas and exact IT solutions to set up the framework for digitalized processes in order to replace paper-based procedures.
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Environmental taxes

Environmental protection product fee
Excise duties / energy taxes
Other environmental taxes

Environmental protection product fee

Most manufacturing and trading companies have product fee liabilities. The product fee has also become one of the focus points of tax audits.

PwC Hungary’s experts can assist clients in assessing risks in their product fee compliance and help them with improving their product fee processes to limit those risks. We have also secured significant product fee savings for many Clients who have overpaid.

Excise duties / energy taxes

The excise regulations require strict compliance and administration, including licensing and reporting obligations. This leads to companies often struggling with inefficient or inaccurate compliance processes and under- or overpaying excise duties.

PwC can assist you with identifying risk areas and solving the underlying problems, implementing an integrated excise compliance system (including obtaining the necessary licences) and potentially recover overpayments.

Other environmental taxes

PwC Hungary’s experts can provide clients with all relevant information about other environmental taxes, such as the environmental load charge, vehicle-related taxes (including registration tax), forestry fund duty, charge on water extraction and mining royalty.

Equal salary

Equal pay is a basic expectation of employees, an obligation and a human right. PwC helps its clients in becoming Equal-Salary certified by closing the gender pay gap and creating an equal and inclusive workplace of the future. To this end, PwC's multicultural experts offer a wide range of services that will help companies assess their compliance with the law and relevant standards.
EQUAL-SALARY certification

Sustainable accounting

Assessment of the current accounting environment in the light of ESG.
Bookkeeping, tax compliance, payroll and reporting services compliance with the ESG principles
Consulting on tax and accounting technology on ESG

Assessment of the current accounting environment in the light of ESG.

PwC Hungary helps compaies gain insight into the company accounting environment (policies, documents, practices, software). Based on this assessment, the company will be familiar with what points need to be kept or adjusted to fit the ESG related requirements.

Bookkeeping, tax compliance, payroll and reporting services compliance with the ESG principles

We provide services for various industries aligned with the Hungarian statutory requirements on the basis of books kept in accordance with other international standards with focus on ESG. Preparing ESG compliance management reports and the statistical statements requested.
Further information

Consulting on tax and accounting technology on ESG

PwC Hungary's specialised technology team, can help you automate your business processes. We can conduct a comprehensive technological review of tax and accounting functions to help your company standardise your processes and prepare your ESG-related reports in the most secure and automated manner.
Further information

State subsidies

The Innovation Fund is one of the world’s largest funding programmes for the demonstration of innovative low-carbon technologies. It is a key funding instrument for delivering the EU’s economy-wide commitments under the Paris Agreement and its objective to become climate-neutral by 2050. PwC supports clients from A-Z in the application process, starting by a pre-assessment analysis of the proposal, where financial, technical, and business elements are composed in a comprehensive and coherent pattern.

Legal

Labour law audit (equal salary & benefits, labour safety)
Supplier classifications, certifications, supply chain management
Data privacy compliance, data governance
Corporate responsibility, directors' liability
Rooftop solar projects (industrial / commercial buildings)
Green marketing / greenwashing
Circular economy (waste management regulations reform)
CO2 allowances / new entrants / ETS
"Green" real estate development, green-field and brown field investments

Labour law audit (equal salary & benefits, labour safety)

Preparation and/or transformation of supplier processes (tender procedures, seasonal and/or ongoing communication with suppliers), ethic rules and practices for procurement, compliance review of the general terms for the supplier agreements (commercial, competition), review of the settlement processes.

Supplier classifications, certifications, supply chain management

Both paper-based and elctronic documents may be archived electronically. If your company intends to introduce an e-archiving method in line with local regulations, PwC Hungary's specialzed team is at your disposal.

Data privacy compliance, data governance

Responsible data asset management, and transparent and lawful processing of personal data are value measures of ethical corporate operations, in which errors and shortcomings could lead not only to legal and financial risks but often to reputational damage that may only be remedied by hard work. At the same time, stable, process-driven personal data processing and data asset management supported by appropriate controls increase the efficiency of corporate operations and may become one of the cornerstones of product and service development. PwC and PWC Legal’s information security, legal and business advisors provide comprehensive assistance in establishing, maintaining, and exploiting data asset management capabilities.

Corporate responsibility, directors' liability

The liability for the development of the ESG system unequivocally lies with the given management. It is therefore of great importance that the management become aware of all the related rules and best practices, and juxtaposes them with the company’s purposes as well as its financial and social environment. We provide assistance in such processes of high complexity.

Rooftop solar projects (industrial / commercial buildings)

Real property owners and real property operators as profit-making power plant operators? Solar power plant panels are installed on the roofs of an increasing number of industrial and commercial properties. These panels qualify as a power plant above household volume and therefore, besides a permit from the competent building authority, also require a permit issued by the competent energy office. PwC Hungary provideds assistance in the development of the best-suited business model, whereas PwC Legal may assist you in answering regulatory questions and concluding investment / construction and operation contracts.

Green marketing / greenwashing

Green is undoubtedly the color of the decade. Companies will exhibit their environmental and sustainability aspirations to consumers and their business partners in competition with one another, in other words, "wash their image green". In B2C and B2B marketing communications of this type, it is essential that environmental claims are substantiated in order to avoid misleading the recipients. PwC Legal has extensive experience in both preliminary compliance assessments of communications and campaigns and litigation and regulatory proceedings.

Circular economy (waste management regulations reform)

The Hungarian waste management system is facing a significant transformation. The introduction of circular waste management will shape the reform of the regulatory environment. How will the obligations of the actors in the waste value chain change? What opportunities will the new approach and changed environment create for businesses? With decades of experience, PwC Legal provides legal advice on such matters.

CO2 allowances / new entrants / ETS

The acquisition of emission units and the acquisition of free emmission units are becoming increasingly prominent as the financial stakes are rising. Paralelly, both the EU and domestic regulatory environments are undergoing constant evolution. We represent our clients in proceedings before authorities, legal disputes, and regulatory matters as well.

"Green" real estate development, green-field and brown field investments

Environment protection and environment protection certification criteria are gaining more and more attention in real estate investments and developments. Numerous developments expressly serve environment protection or sustainability purposes. We provide comprehensive assistance to our clients in all the related legal aspects (legal feasibility studies, legal due diligence investigations, implementation-related legal documentation).