The Hungarian flag has unique characteristics in its region. Low corporate taxation, simplified and minimised social security contributions, a bonus salary system not subject to contributions, an advantageous exception granted to transport companies in terms of travel allowances, and a labour market influenced by the diaspora are the main factors that set the flag apart.

In 2019, the annual mileage of vehicles increased by nearly 10,000 km compared to 2013. Hungarian drivers travel nearly 128,000 km per year. Corporate income tax, 9 %, is now the lowest in the European Union, and the VAT rate on international transport has been reduced to 0 %, while the standard rate is capped at 27 %, a record in Europe. On the other hand, Hungarian transport operators are facing a significant increase in other cost items, such as tolls (+60% since 2013), maintenance and repairs (+23%) and tyres (+87%).

When calculating costs, we see that the cost price, excluding structural costs, of a 40-tonne Hungarian heavy goods vehicle operating internationally has remained virtually unchanged. Since the last CNR study, the cost price has increased by 5.1% to €0.82/km in 2019, compared with €0.80/km in 2013.

The CNR invites you to discover this new study, which provides comprehensive details on Hungarian TRM under the operating conditions of 2019.