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Electronic Invoicing in Public Procurement in Hungary

Electronic Invoicing in Public Procurement in Hungary

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The Hungarian Public Procurement Act was modified as of 18 April 2019, in order to comply with the provisions of the Directive 2014/55/EU of the European Parliament and of the Council of on electronic invoicing in public procurement.

According to the new provisions, in public procurement procedures contracting authorities are obliged to receive and process electronic invoices upon certain conditions. Those electronic invoices should be processed by the contracting authorities which comply with the European standard on electronic invoicing (i.e. EN 16931-1:2017) and with any of the syntaxes on the list published in the Official Journal of the European Union. In practical terms, this means that if a company submits a tender in a public procurement procedure, it may choose to use electronic invoicing and the contracting authorities must ensure the receipt and processing of invoices electronically. This modification can be seen as a new step in the promotion of electronic administrative procedures in Hungary.

The amendment also affects previous contracts, meaning that even in cases where the contracting authority did not give its written consent, it should accept electronic invoices. In addition, the obligation of the contracting party to prepare annual statistical reports has ceased.

By Levente Csengery, Partner, KCG Partners Law Firm

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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