TEÁOR’25: New codes for companies from 2025

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From 1 January 2025, a significant change will enter into force for enterprises: the introduction of TEÁOR’25, an updated version of the Hungarain activity classification. This means new TEÁOR codes for all companies, which will be automatically modified and registered by the Hungarian Tax Authority (HTA).

What happens to the TEÁOR codes?

  • Automatic transfer: until 31 January 2025, the HTA will amend the TEÁOR codes identifying the main activities and other activities that can be converted to the new TEÁOR’25 system based on a conversion table. The HTA will also register these changes in the company register.
  • Registration obligation:
    • If a company intends to change the main activity code that has been automatically converted by the NAV, the company must register it by 1 July 2025 at latest, based on the new TEÁOR’25 codes.
    • Other activities not automatically converted must also be registered by 1 July 2025.
  • Automatic deletion: TEÁOR codes identifying other activities that cannot be converted based on the conversion table will be deleted by 31 August 2025.

What must be done in relation to the amendment of the articles of association?

The articles of association must also be amended to comply with the new TEÁOR’25 codes.

Deadline for this:

  • The amended articles of association must be submitted no later than the first data change in the company register after 1 July 2025.

It is important to note that if the amendment of the articles of association is solely to comply with TEÁOR’25, the request for registration of the change may be submitted with no payment of fee and publication cost.