Hungary, as a member of the European Union, offers a strategic gateway for businesses looking to expand their operations across Europe. However, navigating the complexities of Hungarian customs regulations and compliance requirements can be challenging. This is where Importer of Record (IOR) and Exporter of Record (EOR) services come into play, ensuring seamless trade operations while adhering to local laws.
Why Choose IOR/EOR Services in Hungary?
IOR/EOR services simplify the import and export process by assuming legal responsibility for customs compliance, documentation, and tax payments. This is particularly crucial in Hungary, where recent updates to customs regulations, including stricter VAT deduction rules effective March 2025, have increased the need for professional import management.
Key benefits of IOR/EOR services in Hungary include:
- Compliance with Evolving Regulations: Stay ahead of changes such as Hungary’s stricter VAT deduction requirements for indirect customs representatives.
- Streamlined Customs Clearance: Avoid delays and penalties with accurate documentation and tariff code classification.
- Cost Efficiency: Minimize unexpected costs related to non-compliance or misclassification of goods.
Geographic Coverage and Key Airports
Our IOR/EOR services cover all major regions in Hungary, ensuring smooth operations across the country. Key airports for customs clearance include:
- Budapest Ferenc Liszt International Airport (BUD): The primary hub for international cargo in Hungary.
Categories of Goods We Handle
We specialize in handling a wide range of goods, including but not limited to:
- IT and telecom equipment
- Medical devices
- Industrial machinery
- Consumer electronics
- Automotive parts
Customs Duties and VAT in Hungary
Hungary imposes a standard VAT rate of 27%, one of the highest in the EU, on most imported goods. Customs duties vary based on the product’s Harmonized System (HS) code, with rates typically ranging from 0% to 12%. Accurate classification and compliance are essential to avoid overpayment or penalties.
Unique Advantages of Our Services
At Universe Access, we pride ourselves on offering tailored solutions that set us apart:
- Expertise in Hungarian Customs: Our team stays updated on the latest regulations, including the 2025 VAT amendments.
- End-to-End Support: From documentation to customs clearance, we handle every aspect of the import/export process.
- Global Reach: With operations in multiple countries, we ensure seamless cross-border trade.
- Technology-Driven Solutions: Leverage our advanced tools for real-time tracking and compliance management.
Simplifying Trade with Universe Access
Whether you’re importing high-tech equipment or exporting industrial goods, our IOR/EOR services in Hungary provide the expertise and support you need to succeed. Contact us today to learn how we can help your business thrive in the Hungarian market.
