KPMG established its office in Budapest in 1989, the first one in Central and Eastern Europe. The Hungarian practice today is a leading audit, tax and advisory firm in Hungary and employs more than 650 staff. KPMG Hungary Ltd. offers audit services and KPMG Advisory Ltd. offers tax and advisory services for Hungarian and multinational companies, government entities and inward investors.
We have extensive knowledge and experience in most business sectors, including financial services, telecommunications, energy and utilities, real estate, government and public sector, infrastructure and tourism.
Our professionals have built a strong international reputation as trusted advisors in sectors such as energy and utilities, sports advisory, shared service center development and operations, as well as in supporting family-owned businesses. We also run KPMG’s Indirect Tax Compliance Center offering indirect tax compliance services for multinational groups.
To help our clients cope with the effects of the challenging economic environment we offer services focusing on accounting advisory, financial restructuring, cost and liquidity management, business process improvement and tax efficiency, among others.
Hungary, due to its open policy toward foreign investment and central geographical location, has been a preferred location for foreign direct investment, a favorite regional center for multinational firms, and an attractive location for shared service centers. Low cost of living and a cost-efficient and well-trained workforce will continue to attract more leading companies to Hungary.
In order to better serve inward investors, we have well-established country desks, including German, Israeli, Japanese and Korean professional teams.