Global reach
Search
    • Grant Thornton in Hungary

          • The key to success is a partner with comprehensive knowledge and many years of experience. Our ambition is to serve dynamic organizations and we understand ourselves as specialists for the Central European region.

            Being a member firm of Grant Thornton enables us to represent the interests of our clients even outside of Central Europe. We think that the key to success is to have partners with comprehensive knowledge and many years of experience.

            Our consultants are specialists for the Central European region and our firm has strong links with Grant Thornton member firms in the region.

            Over the past years, Grant Thornton has built a strong position on the Hungarian market as a provider accounting, payroll, valuation and Corporate Finance services.

    • Contact us
    • References
    • Audit & Assurance

          • Audit & Assurance

            • Mandatory audits and voluntary audits of single-entity and consolidated financial statements
            • Obligatory and voluntary audits of annual financial statements and group financial statements
            • Audits of foundations
            • Due diligence audits
            • Audits pursuant to capital market law (listing prospectuses and investment fund annual reports)
            • High Level Reviews
            • Agreed upon procedures
            • Special audits (company transformations, mergers, special audits according to stock corporation law, etc.)
            • Accounting audits and management audits, especially as auditors of associations
            • Audits for fraud detection
    • Tax consultancy
    • Tax compliance
    • Accounting

          • Accounting

            • Journal entry of ongoing business transactions and computer-based record-keeping
            • Compilation of regular analysis reports and information on business development
            • Preparation of single-entity financial statements, notes to financial statements and drafting assistance for the report of the management board
            • Preparation of tax returns
            • Notifications to the Companies Register and other public authorities
    • Payroll

          • Payroll

            • Full-scale payroll services, calculation of salaries, taxes and contributions to be paid
            • Management of payroll reports, online sending of pay slips to employees, with password protection
            • Preparation and filing of data disclosures, returns and notifications to the authorities
            • Administration of new and leaving employees
            • Monitoring and administration of leaves and other absences
            • Preparation of employer’s certificates, tax certificates
            • Administration of terminations of employment, resignations, dismissals
            • Salary payments by bank transfer
            • Completion of tax and social security transfer orders
            • Social security benefit claims and administration
            • Performance of social security paying agent duties
            • Representation before the authorities in case of audits
            • Preparing reports
            • Payroll and employment administration advisory service
    • Strategic consultancy

          • SPECIAL AREAS OF EXPERTISE

            • Corporate governance by owner model
            • Succession management, generational change
            • CEO consulting
            • Creation of corporate strategy
            • Developing effective, collaborative, visible management
            • Development of sales organisations
            • Business mentoring for middle and senior managers
            • Interim management
            • Consultancy in case of planned outsourcing
            • Subsidies related to company formation
            • Business plans and feasibility studies
            • Consultancy and support prior to negotiations with banks
    • Transaction advisory service

          • Corporate Finance

            • Mergers, acquistions (sale side and purchase side Consulting)
            • Organization of tenders
            • Set up transaction structures
            • Due diligence
            • Project, debt and equity financing
            • Valuation services
            • Public and private capital market transactions (ECM, DCM)
    • Labour administration & HR services

          • Labour Administration

            • Payroll preparation administration: support for the payroll accounting activities, pre-processing of lost working time, vacation days, absences due to illness. Collecting the input data for and preparing them for payroll accounting.
            • Tasks arising in connection with working time banking system, monitoring the issuance of rest periods and ensuring compliance with the rules of maximum working time.
            • Preparing, updating and modifying of HR personnel materials. Drawing up the documentation necessary for terminations of employment.
            • If required, labour registration tasks, requesting social security and tax identification numbers.
            • Conducting internal audits at regular intervals, making recommendations for eliminating any deficiencies identified.

          • HR contact representation:

            • Maintaining contact with employees via the designated channel of communication, to answer everyday questions.
            • Designation of a liaison person between internal financial departments and payroll accounting.
            • Providing opinions with respect to dubious situations, being continuously available for consultation in HR-related questions.

          • HR Consultancy:

            • Development of HR processes, structural systematisation, overview and due diligence of positions and work organisation, organisational development consultancy.
            • Establishing compensation systems, with the examination of tax and expense consequences, as well as internal policies Creating cafeteria and grade systems.
            • Labour market consultancy, supporting recruitment and selection, from the identification of labour demand needs to implementing the onboarding process.
            • Surveying the needs for, as well as creating internal policies contributing to more efficient operations.
    • Valuation

          • Financial Valuations:

            • Company valuation
            • Valuation of intangible assets (know-how, brand name, licence, technology, software, etc.)
            • Business planning
            • Market modelling
            • Capitalization rate structuring
            • Purchase price allocation
            • Impairment testing (IFRS, US GAAP)
            • AMADEUS database research and benchmark studies for transfer pricing

          • Fixed Asset Valuation:

            • Real estate valuation
            • Machinery and equipment valuation
            • Collateral valuation
            • Independent technical advisory
            • Feasibility studies
            • Technical due diligence
            • Valuation for insurance purposes
            • Remaining life estimation
    • Controlling and management reporting

          • Controlling

            • Interim financial management
            • Reviewing of financial systems and processes
            • Design, implementation and operation of controlling and reporting systems
            • Management of the introduction of business intelligence (BI) and enterprise resource planning (ERP) systems
    • Accounting and Tax automation
    • Transfer Pricing Advisory

          • Transfer Pricing Advisory

            • Transfer pricing advisory
            • Preparation of transfer pricing documentation
    • Whistleblowing

          • Whistleblowing

    • NIS2 consultancy
  • Our experts
  • Insights
  • Glossary
    • Build your career at Grant Thornton

          • Build your career at Grant Thornton

            As a dynamic and growth-oriented company, we offer excellent career opportunities in an international environment.

            We welcome applications by both career-starter and experienced candidates in the following areas: tax consultancy, auditing, accounting and payroll, corporate consultancy, corporate finance and asset valuation.

  • Online offer
Privacy Notice

Privacy Notice

Date of last revision: 13 July 2023.

The purpose of the Privacy Notice

Grant Thornton Consulting Kft. as the controller of personal data (hereinafter: Controller), hereby accepts the provisions hereof as binding upon itself, and undertakes an obligation to ensure that the processing of data by it as a controller, as related to its activities, comply with the requirements of the present policy and the relevant provisions of national law and EU legislation in effect.

A privacy policy relating to the data processing activities of the Controller is continuously available at https://grantthornton.hu/en/privacy-notice

The Controller reserves the right amend this privacy notice at any time, with notification given to data subjects in due time.

Grant Thornton Consulting Kft. is committed to the protection of the personal data of its clients and partners, and considers respecting its clients’ right to informational self-determination of particular importance. Grant Thornton Consulting Kft. processes personal data confidentially, and uses every security, technical and organisational measure to ensure data security.

The practice of Grant Thornton Consulting Kft. as a controller of personal data is described below.

The purpose of the present document is to inform you about how we process the personal data of visitors to the www.grantthornton.wpengine.com website.

The member companies of Grant Thornton Hungary (Grant Thornton Consulting Kft., Grant Thornton Audit Kft., Grant Thornton Advisory Kft., Grant Thornton Valuation Kft., Grant Thornton Digital Kft.) are by agreement considered a joint controller, represented by Grant Thornton Consulting Kft., which is entitled to act on behalf of all member companies. Grant Thornton Consulting Kft. is also responsible for providing appropriate information to data subjects and for processing and responding to requests from public authorities to the member companies.

Where a link on this website takes users to external websites that are not directly linked to our company, we are not responsible for the data protection practices of those websites.

Information on the Controller

The Controller does not appoint a data protection officer.

Grant Thornton Consulting Kft.

Registered seat: 1134 Budapest, Dévai utca 26-28 (Dévai Center)

Mailing address: 1134 Budapest, Dévai utca 26-28 (Dévai Center)

Company registration number: 01-09-074993

E-mail: dataprivacy@hu.gt.com

Phone: +36 1 455 2000

Website: grantthorntonhungary.hu

The scope of personal data processed

Our website is does not transmit any personal data to us during your visit, unless you send us a request using one of our web forms. Such data is not transmitted to any third parties either for consideration or otherwise.

We reserve the right to transfer your data to our partners in the Grant Thornton International network if this is necessary to answer your query. Your personal data will only be stored for the period, necessary for the purpose for which it is transferred and for as long as is necessary to comply with this privacy statement and in accordance with the law.

Online offer

The Controller has created web forms in order to allow visitors to submit requests for proposals. The Controller processes the following data for the purpose of contacting and liaising with the visitors:

  • personal name
  • company name
  • e-mail address
  • phone number

Pursuant to Article 6 (1) b) of the GDPR, processing is lawful if necessary for the performance of a contract to which the data subject is party or in order to take steps at the request of the data subject prior to entering into a contract.

If no contract is concluded after the request was submitted, the data will be deleted within 1 year. If the contact data are also recorded in a contract concluded between the parties, the data will be kept for 8 years after the termination of the legal relationship, in accordance with the accounting rules on the retention of contracts.

Cookies

Our website uses Google Analytics, a web analytics service provided by Google Inc. (“Google”).

We recommend that you accept “cookies” to make full use of certain features of the website. A “cookie” is a small piece of text containing personalised information that is stored on the data subject’s computer by the data subject’s browser. The purpose of cookies is to help us recognise returning visitors, to implement customised visitor functions and to process user logins (identification, authentication).

The data processing is carried out for statistical purposes only, in order to enhance the user experience by using the website traffic data; the Controller stores the data as statistical data, they do not know any personal data. In transferring the data collected, Google applies the General Terms and Conditions for the transfer of personal data relating to online advertising and measurement outside Europe. To find out more about Google Analytics, please visit the following website: https://support.google.com/analytics#topic=3544906)

Newsletters

We only send newsletters with the express consent of the data subject. Subscribers are entitled to withdraw their consent without any adverse consequences by clicking on the “Unsubscribe from this list” link at the bottom of the newsletter or by sending an e-mail to hirlevel@hu.gt.com.

Access to the data

The personal data provided by the data subject may only be disclosed to the Controller’s executive officers and designated staff and, where necessary, to a data processor. The Controller stores the personal data provided by the data subject on servers located at the Controller’s headquarters, guarded by 24/7 security.

Rights related to data processing

The data subject may, at any time, request information in writing from the Controller in order to be informed by the Controller about the following:

  • what personal data is processed,
  • what is the purpose of data processing,
  • what is the source of the data,
  • for how long are the data kept,
  • to whom, when, under what legal provisions, and to which personal data the Controller granted access or transferred the personal data.

The Controller shall comply with the data subject’s request within a maximum of 30 days by electronic letter sent to the contact details provided.

The data subject may, at any time, request in writing that the Controller modify any of their personal data. Controller shall grant the request within a maximum of 30 days and shall notify the data subject accordingly.

The data subject may request the erasure of their personal data in writing from the Controller. The Controller shall reject the erasure request if the law or an internal regulation obliges the Controller to continue to store the personal data. However, in the absence of such an obligation, the Controller shall comply with the data subject’s request within a maximum of 30 days and shall notify the data subject accordingly.

The data subject may request the blocking of their personal data in writing from the Controller, stating the reason. The blocking lasts for as long as the reason indicated by the data subject makes it necessary to store the data. In this case, the Controller will continue to store the personal data until the authority or court requests it, after which the data will be deleted.

The data subject shall have the right to receive personal data concerning them which they have provided to a Controller and the right to transmit such data to another Controller. Controller shall grant the request within a maximum of 30 days and shall notify the data subject accordingly.

The data subject may object in writing to the processing of personal data if the Controller would transfer or use the personal data for direct marketing, public opinion polls or scientific research. The data subject may not object to the Controller’s disclosure of their personal data to the authority in the course of an ongoing authority procedure.)

Right to legal action in courts

Data subjects may take legal action against the data controller in case their rights are violated. The court shall act in such cases in expedited proceedings.

Data protection authority procedure

Complaints may be submitted to National Authority for Data Protection and Freedom of Information-

Name: National Authority for Data Protection and Freedom of Information

Registered seat: 1125 Budapest, Szilágyi Erzsébet fasor 22/C.

Mailing address: 1530 Budapest, P.O. Box 5.

Phone: +36 1 391 1400

Fax: +36 1 391 1410

E-mail: ugyfelszolgalat@naih.hu

Website: www.naih.hu

Miscellaneous provisions

We provide information on other data controlling activities not listed here at the time when such data is recorded.

We hereby inform our clients that, on the basis of the authority of the courts, the prosecutor’s office, the investigating authority, other authorities proceeding in misdemeanour or criminal cases, administrative authorities, the National Authority for Data Protection and Freedom of Information (NAIH), the Central Bank of Hungary, as well as other bodies based on the authorisation of a relevant provision of law may contact the Controller with requests for information, transmission of data, as well as making available documents.

In such cases, Grant Thornton Consulting Kft. shall only provide or disclose such personal data and to the extent that is indispensable for achieving the purpose of the requests, provided that the authority identified the exact purpose and the scope of data requested.

  • HU
  • EN
  • DE
    • Global reach