EKAER consultancy?- We will help to apply EKAER in practise
In addition to the above, the EKAER system has already been amended on multiple occasions. The changes of the EKEAR affected significant provisions and, therefore, it has been essential to continuously monitor and review the already existing systems as well. In addition to the significant amendments, several minor amendments of the EKAER system have also caused difficulties in the lives of the economic operators and logistics companies. In certain cases, it also turned out in connection with the EKAER that the VAT, environmental product fee or food chain supervision fee aspects of the transactions were not treated properly either.
In such cases, the review of an EKAER system may result in double or even triple benefit, since in a bestcase scenario, the business will identify any error or deficiency in its commercial or invoicing system before the tax authority. The extent of the EKAER fines in itself may be as high as 40% of the value of the goods, not to mention any tax arrears and tax fines imposed in connection with the VAT, product fee or the food chain supervision fee.
Our team of tax experts at Forvis Mazars offers its EKAER consultancy service to ensure that our clients are in possession of the relevant information concerning the EKAER. Our consultants do not only approach the problems from a theoretical perspective: our EKAER consultancy service also extends to the practical application of legal regulations. Our experts continuously monitor amendments to the EKAER, and, with their practical advice, contribute to the everyday application of changes in the EKAER system.
To whom do we recommend our services?
- To those acquiring goods from the European Community or supplying goods there.
- To those being involved in first domestic taxable distribution of goods either as seller or as buyer.
- To those engaged in the trade of foodstuffs, construction materials, agricultural produce, wood or clothing goods, and are uncertain about the requirements of the EKAER system.
- To those who are not sure whether they are obliged to obtain an EKAER number in connection with their transactions.
- To those who have already obtained an EKAER number but are uncertain whether they are in full compliance with the rules and whether all reports filed are in order.
- To those who have a large number of transactions subject to the EKAER system, and for this reason, wish to establish a transparent and flexible system for obtaining EKAER numbers.
- To those participating in intermodal transportation or whose goods or raw materials are brought to Hungary by way of such transportation.
- To those on behalf of whom their business partner files the reports but would like to be certain that it is done properly.
- To all who are uncertain about any element of the EKAER system.
How can we help?
- We assess the risks related to the EKAER system and the EKAER reports.
- By way of our EKAER consultancy service, we provide comprehensive information and guidance, and we also help in interpreting the obligations into practice.
- If needed, we participate in the planning process, and we cooperate with the logistics and financial departments of the client company in the interest of optimising their EKAER system.
- We review the internal EKAER systems established earlier, and identify any deficiencies they may have.
- We provide professional and practical support in the course of EKAER audits.
If you have any questions in connection with our services, please contact our advisor colleagues.