Customs savings

9 out of 10 Companies are overpaying their customs duties to the National Tax and Customs Authority based on our experience.

Related topics
Global trade
Tax

The team

Photographic portrait of Áron Nagy
Dr. Áron Nagy
EY Hungary, Partner
Attila Fülöp
Attila Fülöp
EY Hungary, Tax Advisory Services, Partner
Nikolett Nánási profil fotója
Nikolett Nánási
EY Hungary, Tax Advisory Services, Manager
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How EY can help

One of our key focus areas is examining and taking advantage of saving opportunities. We have completed many successful projects, and with our help you could also achieve customs savings quickly and without risks.

Customs legislation may allow companies to import goods - that are used for manufacturing - from outside the European Union without having to pay customs duties (or applying lower customs duty rates). This can result in significant customs duty savings.

Based on our experience, companies do not utilize the potential customs savings opportunities available, and as a result they are overpaying their customs duties.

If you

  • pay a considerable amount of customs duties on goods acquired from non-EU countries,

  • plan investments, or your activities are changing, resulting in an increased acquisition of goods from outside the EU,

it is likely that we could achieve significant customs savings for you in the future, or even retroactively.

Examining customs saving opportunities
 

- Examining customs saving opportunities based on the information provided

 

- Delivering a brief summary on the potentially available customs saving opportunities

 

- Helping you select the most beneficial customs saving opportunity(ies) (e.g. explaining the pro and contra arguments as well as the requirements) in order you can choose the best solution for your Company.

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Based on our experience, companies do not utilize the potential customs savings opportunities available, and as a result they are overpaying their customs duties.

Assistance in making use of the customs saving opportunity

 

- Examining the fulfillment of the legal and practical criteria related to customs saving opportunities

 

- Full scope assistance in achieving customs savings opportunities

 

- Project management and keeping contact with the competent authorities during the implementation of the customs saving project to reduce your administrative burdens.

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How EY can help

The team

Dr. Áron Nagy

EY Hungary, Partner
Tax advisor. 10+ years of professional experience. Proud father. Speaks 4 languages.
Budapest, HUN

Attila Fülöp

EY Hungary, Tax Advisory Services, Partner
Attila is a certified tax advisor, certified customs advisor and customs administrator with over 10 years of professional experience.
Budapest, HUN

Nikolett Nánási

EY Hungary, Tax Advisory Services, Manager
International development policy expert and certified international relations analyst. Customs, excise and green tax administrator.
Budapest, HUN
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