The European Commission is tightening regulations on e-commerce imports to address the surge of unsafe and counterfeit goods, particularly from China, by reforming customs rules and increasing product safety checks. Key measures include removing the duty exemption for low-value parcels, introducing a potential customs fee, establishing priority control areas, and launching an EU-wide product safet... Read more

Hungary has amended its Basic Rules for Issuing Invoices and Receipts regulation, introducing provisions for modern e-cash registers set to take effect in 2025. These e-cash registers will allow businesses to issue electronic receipts and invoices while complying with new data reporting obligations. Read more

Hungarian NAV has released a guide on the VAT refund process for goods sold to foreign travelers. The guide outlines the conditions for claiming VAT refunds, including the amount of the purchase, the tax refund form, export duration, and eligibility conditions. Read more

Hungary’s new e-cash registers, paired with customer applications, aim to enhance flexibility for both sellers and customers by offering advanced features like preset payment methods and automated receipt preferences. Customers can define tipping amounts and locations, while sellers gain options to deliver e-receipts enriched with detailed product information, replacing traditional paper receipts. Read more

Hungary has introduced stricter regulations on alcohol advertising, prohibiting such ads near health and educational institutions, in store windows, and areas visible from public places. The updated law also bans advertising alcoholic beverages in theaters before 8 p.m., on children’s products, and near programs targeted at minors, reinforcing existing measures against ads harmful to youth. Retailers must comply with these changes by January 1, 2025, which may necessitate adjustments to their marketing and advertising strategies. Read more

If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more