01
Legal advice
We assess how the proposed wealth tax could affect you. We review tax residence, ownership arrangements and wealth structures, so that your decisions are grounded in clear legal considerations.
Let’s discuss your needs
Wealth tax · legal and business preparation
Wealth tax.
Informed decisions.
Behind every asset are a business, a family and long-term plans. Herdon Law Firm combines legal advice, business valuation and a commercial perspective to help you prepare for the proposed wealth tax.
Legal expertiseLegal and valuation perspectivesA tailored approach
Based on the supplied draft. The rules described have not been verified as effective law; the final provisions may change.
Open draft (Hungarian)Our services
Legal confidence.
Business clarity.
When preparing for wealth tax, the legal position and the value of your assets must be considered together.
02
Business valuation
We examine the factors relevant to valuing company interests: equity, earnings capacity and hidden reserves. We tailor the valuation work to the requirements of the draft.
Let’s discuss your needs03
Business advisory
We consider legal questions alongside your business objectives. Ownership decisions, financing, succession and operating structures: preparing for change should also support the future of your business.
Let’s discuss your needsKey aspects of the draft
It is not just about
the size of your wealth.
Ownership arrangements, tax residence and valuation may all be decisive. Reviewing business assets, personal wealth and substantiated debts together provides a meaningful starting point.
Business ownersPrivate individualsWealth management structures
HUF 1 billion
The draft threshold for wealth after deducting eligible debts.Section 6 · The excess above the threshold is the tax base.
1% / 1.5%
The proposed annual rates. The higher rate would apply to the portion of the tax base exceeding HUF 100 billion.Section 9 · Rates applied in bands.
Valuation
Company interests and real estate would be valued under specific rules.Sections 12–19 · Annex I.
These figures summarise the supplied document; they are not individual tax calculations. Exemptions and potential reductions require a separate review.
Our approach
A transparent process.
Built around your circumstances.
01
Initial consultation
We discuss your objectives, ownership arrangements and the questions you need to resolve before making a decision.
02
Wealth review
We identify relevant assets, supporting documents and valuation issues that require clarification.
03
Legal and valuation analysis
Using the draft as a basis, we assess potential exposure, risks and applicable valuation methods.
04
Recommendations
We outline the next steps, clearly distinguishing assumptions based on the draft from established facts.
Frequently asked questions
Your first questions
about preparing.
Some starting points for understanding the draft. Individual circumstances always determine the specific answers.
Is the draft already effective law?
The rules described on this website come from the supplied document entitled “Act … of 2026 on Wealth Tax”. The document alone does not establish that legislation has been adopted or promulgated. The final rules and their entry into force require separate verification.
Could my company interests be relevant?
Yes. The draft would include the calculated value of company interests. For unlisted interests, equity and earnings-based value may both be relevant, with specific rules for holding companies and minority interests, among others. The book value of a business alone may therefore be insufficient. (Section 12, Annex I)
Does overseas wealth also need to be reviewed?
For persons with domestic tax residence, the draft would cover both Hungarian and overseas assets. For persons with foreign tax residence, specified assets connected with Hungary would be relevant. Tax residence, exemptions and applicable international treaties require an individual assessment. (Sections 2–4 and 8)
Can debts reduce the taxable amount?
The draft would allow certain existing and substantiated debts to be taken into account. Not every liability would automatically reduce the tax base: documentary and substantive conditions matter, as does the connection to the asset in the case of foreign tax residence. (Section 6)
Which documents should I prepare?
Useful starting points include an overview of the ownership structure, company financial statements, property and investment holdings, and documents supporting loans and other borrowing. We tailor the required document list to your circumstances at the initial consultation.
Herdon Law Firm
Preparation starts
with a conversation.
Let’s review the legal and valuation questions raised by your wealth and the steps that may be appropriate under the draft.
Phone+36 30 526 1633Emailinfo@herdon.hu
OfficeH-4025 Debrecen, 4–6 Simonffy Street, 1st floor, office 101Hal Köz Business Center · By prior appointment.
Request a consultation by email