Maximise your profits with the Development Tax Allowance
Your business is our focus!
The Development Tax Allowance enables companies to benefit from significant tax advantages related to their investments. ICT’s experts have many years of experience in this field and help you tailor the available opportunities to your company’s specific situation — ensuring you make the most of this incentive.
More than 200 companies have already chosen our services.
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Please note:
At present, we are unable to accept sole proprietorships, as our services are primarily tailored to corporate entities. Thank you for your understanding.
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Not familiar with the Development Tax Allowance?
The Development Tax Allowance is a corporate income tax incentive that may be applied up to 80% of the tax payable for a given tax year. The allowance may be utilised over up to 13 tax years, starting in the year the investment is put into operation — or the following tax year — and continuing for a further 12 tax years. It is important to note that the allowance must be fully utilised no later than the end of the 16th tax year following the tax year of notification or application submission.
Unsure whether you are eligible for the Development Tax Allowance?
Eligibility criteria can be complex and difficult to interpret. Our experts help you determine precisely which of your investments qualify for the allowance and how it can be applied most effectively in your specific case.
Lost in complex regulations?
Applying for the Development Tax Allowance is a highly complex process. We take the entire administrative and regulatory burden off your shoulders and ensure full compliance with all applicable legislation.
Would you like to save millions through your investments?
Why should you apply for the Development Tax Allowance?
A fully legal tax optimisation tool, available to small, medium-sized and large enterprises alike
The tax benefit may reach up to 70% of the investment value, depending on circumstances
The allowance may be applied for up to 13 years
Tens of millions of forints in tax savings may be achieved
The only tax allowance that may be applied up to 80% of corporate income tax (TAO)
Supports company growth by significantly reducing financial burdens related to investments
Benefits
Why choose us?
Over 15 years of experience in tax advisory
Our tax experts have reviewed and advised hundreds of companies, applying this accumulated experience directly to your business.
Up-to-date knowledge of tax legislation
Tax regulations and incentives change frequently. Our expert tax advisors continuously monitor legislative developments and apply the latest rules during our assessments and advisory engagements.
Clear and transparent communication
We strongly believe in effective communication. We maintain close contact with our clients and ensure that complex tax matters are communicated in a clear, understandable and business-focused manner.
International support — in English
We provide English-language consultations and presentations to ensure that company owners or foreign parent company management fully understand the results of tax reviews and assessments.
Industry-specific expertise
In taxation, industry knowledge is critical to achieving optimal results. ICT's tax experts possess extensive industry-specific expertise, providing you with additional assurance and confidence.
Full professional and financial liability
We assume financial liability for the professional advice provided during our tax reviews — offering you a tangible guarantee and peace of mind.
Details
Not sure whether your company qualifies for the Development Tax Allowance?
Our experts conduct a thorough assessment of your company’s situation and guide you through the eligibility criteria, ensuring you do not miss out on valuable opportunities.
The Development Tax Allowance is still a relatively underutilised incentive, despite the fact that it may provide up to 70% tax relief, depending on the company’s geographical location and whether it qualifies as a small, medium-sized or large enterprise. For example, constructing a new office building or expanding a production facility may result in substantial tax savings. Many companies are simply unaware of this opportunity — despite its significant potential benefits. Gain a competitive advantage over your peers through effective tax optimisation!
Your business at the center
We help you secure multi-million Development Tax Allowance benefits
Assessment of eligibility criteria
Collection and preparation of all required documentation
Submission of the Development Tax Allowance application
Your company
Ongoing communication with the authorities throughout the process
Post-approval advisory support following the granting of the allowance
Identification of additional incentives related to future investments
Learn more about our Company!
Our Group in numbers
175+
Experts
50+
Professional publication per year
15+
Years of professional experience
350+
Satisfied clients
Testimonials
Our clients said
Tax optimization
Enikő Bakó
CEO - Pan–Italia Kft.
Accounting
We chose ICT as our accountancy firm 7 years ago, we were welcomed by a professional team and the transition was smooth. Their professionalism, reliability and excellent communication have made this a balanced and harmonious partnership, whether it be for labour, payroll, accounting or tax. We work together in perfect harmony and seamlessly. As we operate a paperless office, we are happy to use the online system to upload documents, which supports our work with a wide range of statements and planning options.
Judit Bóna
CEO - Com-Forth Ipari Informatikai Kft.
General ledger
We switched from the risk of a small accountancy firm to the security of a professional accountancy firm. They created a structured order. They created security for accounting data. They anticipate the potential tax risks and tax benefits of each transaction. They provide fast and professional assistance in dealing with the tax authorities.
Róbert Kolonics
CFO - MICRO-TOP Kft.
Accounting
As a manager of a small business, I would never have imagined that "accounting" as a service could be run professionally, with responsibility! But I found what I thought did not exist!
Gábor Majoros
CEO - Enertech Hungária Kft.
Complex services
I like to work with you because, despite the fact that our company is not a simple structure (parent company in a 3rd country with a branch in another member state) and has a diverse supplier and customer base (domestic, EU and 3rd country), you are prepared, communicative, legally sound and up-to-date in your accounting tasks. It is a pleasure for me to be able to sit back and concentrate on other professional or managerial tasks!
Enrico Mák
CEO - Merico Zrt.
Complex services
Looking back on several years of successful and fruitful cooperation with ICT, I can confidently say that every day we confirm that it was the best decision to entrust our accounting, payroll and other consulting tasks to this team. The precise, accurate and comprehensive expertise that is concentrated in ICT is, for me, exemplary and respectable, and has been confirmed by many partners besides us. No doubt, we will continue to work with the ICT team in the future!
Bálint Farkas
CEO - Geodézia Zrt.
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FAQ
FAQ
How does ICT Európa Advisory Zrt. support the application of the Development Tax Allowance?
We provide end-to-end advisory services related to the Development Tax Allowance. This includes preparing and submitting the required documentation, developing the investment tax plan, ensuring full regulatory compliance and supporting the application of the allowance prior to the corporate income tax (TAO) return submission — enabling your company to maximise available tax benefits.
When is the Development Tax Allowance not available?
The allowance may not be applied if the company:
- carries out an investment that does not meet the statutory criteria (e.g. not a qualifying initial investment),
- is subject to enforcement proceedings due to tax arrears,
- is under liquidation,
- is subject to compulsory dissolution,
- is under voluntary dissolution,
- has been fined for employing undeclared workers,
- qualifies as a company in financial difficulty.
Will claiming the Development Tax Allowance trigger a tax audit?
The Hungarian tax authority (NAV) will conduct at least one review of compliance by the end of the third tax year following the first utilisation of the allowance.This may take place as a compliance review or as part of a corporate income tax (TAO) audit.These are standard procedures, during which our experts provide full professional support — ensuring that you can proceed with confidence and minimal risk.
What operational and headcount maintenance requirements apply?
The investment must be operated at the investment location for 3 tax years for small and medium-sized enterprises and 5 tax years for large enterprises. In the case of job-creation investments, newly created positions must be maintained for at least 3 years for SMEs and at least 5 years for large enterprises.
For certain investments, an additional requirement applies: during the four tax years following the first utilisation of the allowance, the average headcount must not fall below the average headcount of the three tax years preceding utilisation.
Can I claim the Development Tax Allowance for an investment that has already started?
In short: no. A key condition is that the required notification or application related to the tax allowance must be submitted to the Ministry of Finance before the investment is commenced.
Contact
Contact us!
Our colleagues in 24 hours will provide you with further details.
91-93. Budafoki street, Budapest, 1117
IP West Office Building 4th Floor
Contact us!
Please note:
At present, we are unable to accept sole proprietorships, as our services are primarily tailored to corporate entities. Thank you for your understanding.