Regulatory updates - Hungary

The NGM wants to contribute to developing the operational, technological, and organizational infrastructure to successfully implement ViDA. Therefore, in cooperation with KPMG, they have launched an autonomous questionnaire survey for the taxpayers and organizations that provide services related to taxation, accounting, invoicing, etc.

The goal is to gather the opinions of the representatives of large businesses, accountants, and tax advisors in the sector, who may contribute with their insights on invoicing, data reporting and VAT reporting processes.

The questionnaire links are available here, with April 18, 2025, as the submission deadline.

Hungary has recently amended two decrees to enforce energy and gas suppliers to issue only e-invoices.

Initially, energy and gas suppliers were supposed to start issuing only e-invoices from January 1, 2025.

However, after the amendments to Government Decree No. 273/2007, which mandates energy traders to issue only e-invoices (Section 21/B), and Government Decree No. 19/2009, which mandates gas suppliers to issue exclusively e-invoices (Section 115/E), such entities must now comply with this requirement as of July 1, 2025.

The issuance of electronic invoices shall be done toward non-retail users, meaning entities that are not private consumers (such as businesses).

Mandatory e-invoicing

Government Decree No. 273/2007 mandates energy traders to issue only e-invoices to non-residential users (Section 21/B), which are Hungarian taxpayers participating in largely B2B economic activity.

Government Decree No. 19/2009 mandates gas suppliers to issue only e-invoices to non-residential users (section 115/E).

The new requirements require business entities engaging in transactions with energy and gas suppliers to be capable of receiving e-invoices and archiving them electronically, per the latest legislation. 

With no explicit requirements on formats for electronic invoicing mentioned, it is assumed that previous formats acceptable by the Hungarian Tax Authority, such as those conforming to EN-16931 standards, will continue to be sufficient.