Today’s challenges
In today’s rapidly changing business environment, the survival of consumer product manufacturers is becoming increasingly difficult due to factors such as slowing and volatile economic growth, declining purchasing power, aging population, compliance with the constantly changing tax and regulatory environment, pricing pressure resulting from the increased competition and changing consumer behaviour.
Our services
Audit services
- Statutory and other audits
- IT project management & quality assurance
- Audit of group financial statements
- Accounting advisory services
Tax and related services
PwC’s specialised tax advisory services and international network together provide the necessary expertise and experience for any advice you might need. PwC’s team offers customized solutions that maximise tax savings and/or minimise tax risk, with particular focus on ensuring full compliance with the applicable laws and regulations. We provide tax consulting services in the following areas, among others:
- Tax planning of investments, and domestic and international expansion
- Tax due diligence and transaction structuring
- Local business tax savings
- EU and state aid
- Tax incentives and state aid related to R&D activities carried out in Hungary
- Tax audits by the Tax Authority and appeals procedures
- Finding savings opportunities related to product specific taxes (public health product tax, excise duty, VAT, environmental protection product fee)
- Advice on the environmental protection product fee and optimisation
- Finding customs duty savings opportunities
- Comprehensive planning and compliance services related to transfer pricing
- Optimising the supply chain from a tax perspective
- Advice on discounts, product samples and marketing fees
- E-compliance, electronic invoicing and archiving
- Employment, residence and tax matters of foreign nationals in Hungary
- Advice on remuneration and HR matters, developing cafeteria systems and employee share-option schemes
- Corporate financial and administrative services
Advisory services
- Reviewing operational efficiency and related advice
- Reviewing financial efficiency and related advice
- Corporate risk management advisory services
- Reviewing IT efficiency and related advice
- Reviewing IT security and related advice
- Internal audit services
- Business valuation and M&A services
- Comprehensive advisory services related to state aid
- Comprehensive financial due diligence services
Legal services
- Advice on real estate law and other matters related to investments (including green- and brown-field investments)
- Legal representation in official/court procedures
- M&A, legal due diligence
- Advice on matters related to competition law, consumer protection and unfair trading practices
- Advice on public procurement issues
- Legal advice on environmental issues
- Labour law-related consultancy (with special focus on employing senior company officials, drafting regulations, redundancy and collective labour law-related issues)
- Drafting supplier and distributor agreements, general terms and conditions, general conditions, individual and framework agreements
- Legal advice on advertising and conditions of marketing and other business relationships
- Legal advice on data protection matters, developing data protection and data security regulations
- Assistance with legal issues related to IT and intellectual properties
- Debt collection, creditors’ claims, claims for damages and other claims under civil law
