Ropo Hungary Ltd. started business in 2015, but our professional experience, client relationships, and our staff have been together  for several decades.

We established the practice to provide a wide range services covering accounting, book-keeping, payroll management, auditing,  taxation, and legal counselling  to Hungarian and foreign clients . We aim to provide a comprehensive and full, but bespoke, service giving the right combination of expertise required by each client 

From the very beginning many of our clients  have been international companies, with many  wanting to invest in Hungary. We work alongside such clients to identify the best target, assist with the investment, and help set up operating and financial procedures. 

Our practice has steadily expanded its advisory service  by developing connections  with a number of domestic and  international specialists. Our employees speak English and they are also qualified  in accountancy, taxation and bookkeeping. Most of them have had experience working within international practices 

In addition to  the basic services of accounting, taxation and payroll, we also provide advisory services working with our partners in law practices and international auditors.

We can also assist with secure cost- efficient money transfers.

In Hungary our service is still unique in offering a comprehensive service to businesses in the language of their choice as well as on day to day practical issues

Our advisory services are available long before any investment and we are able to carry out market research, due diligence, and play an active part  throughout an investment process.  

Fees depend on the type of work , the expertise required,  and the length of the project. All fees are based on hourly-rates but in certain cases fixed fees are possible.  

Our services include , but are not limited to, the following areas:

Accounting and related services

Book-keeping

- recording of assets and investments
- recording of debtors and suppliers
- registration  of bank and cash movements
- recording of all analytical data.

Reporting

- monthly or quarterly based on selected international regulations
- preparation of annual reports,  balance sheets, profit & loss accounts, and any supplementary reports required .

Regulations

- accounting policy and required regulatory presentations.
- the recording of  assets
- cash regulations
- valuation regulations

Statutory returns

- Hungarian VAT returns
- EU VAT declaration
- returns for local governments
- reports to the Hungarian statistical agency (KSH)

Inspections and specific government investigations.
- we represent our clients in all tax and local governments inspections
- administration of all accounting related enquiries and audits 

Payroll and Staff Social issues

- introducing new employees to the company’s procedures and the  tax authority reports.
- preparing all documentation for new or departing or retiring employees
- holidays administration. 
- preparing and checking work contracts, subcontractor agreements an terminations
- monthly payroll calculations
- payment of net salaries.  
- company deductions from of salaries
- administration of pension contributions and funds
- printing and distributing payment details to employees.
- monthly tax return. 
- statistics and all other reports
- manage annual personal income tax returns for management and other employees. 

Social services
- administration of social benefits
- reviewing any applications for benefits including sickness 
- monthly reporting on social benefits
- statistical reporting
- manage all other reports to authorities

Consulting and Management

Consultation
- advice during  the foundation of the company.
- consultation and administration on banking arrangements.
- auditing and tax advice including double taxation issues.
- transformation of an existing company
- preparation of internal regulations
- preparation of tax returns
- payroll modelling
- development of detailed budgets and forecasts.
- creating management information systems

Financial Management
- monitoring performance against approved budgets
- reporting on variances
- proposing actions to stay “on plan” in changing conditions. 
- compare performance within the market.
- debtor analysis and debt recovery. 

Andrea Jeszenszky
Managing Directors
Ropo Hungary Kft.