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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

KCG Partners at a Glance

KCG Partners is a Hungarian business law firm providing a comprehensive range of legal services to international and local clients seeking local knowledge and global perspective. The firm comprises business-minded lawyers with sector-specific expertise, creating value for clients by applying a problem-solving approach and delivering innovative solutions.

The firm has a wealth of knowledge in corporate law, M&A, projects and construction, energy, real estate, tax, employment, litigation, privacy and forensics, securitization, estate planning and capital markets.

To address clients’ regional and international concerns, the firm maintains active working relationships with other outstanding independent law firms in Central and Eastern Europe, whilst senior counsel Mr. Blaise Pásztory brings over 40 years’ of US capital market and fund management experience.

KCG Partners Law Firm is the result of the teamwork of passionate and talented lawyers guided by the same principles and sharing the same values: 

  • Our most valuable asset is our people. They are the engine of our business and the key to our success.
  • We push boundaries by looking for innovative solutions that can empower our clients to achieve greater results.
  • We place our experience, commitment and professionalism to your service.
  • We are driven by our vision to shape and lead the Hungarian legal market and become a first choice law firm in our practice areas.

Firm's website: http://www.kcgpartners.com