Cases
Project Management
Local Setup & Compliance Support for a Chinese Contractor
Client: Chinese general contractor entering CEE market
Location: Hungary
Scope: Local business setup, licensing, labor coordination
Summary:
A Chinese construction firm won a subcontracting package in a major industrial park project in Hungary but had no local entity or compliance experience.
PGC provided:
- Rapid setup of a local Kft. company
- Registration for tax/VAT number and social security
- Identification and onboarding of local HR and legal advisors
- Labor compliance (work permits, health & safety)
- Supplier and logistics matchmaking
Outcome:
The client began operations within 30 days, met all legal requirements, and built a reliable local network — without diverting core resources from their HQ in China.
Tax and Legal
VAT Deferment and Holding Structure for a Chinese Equipment Supplier
Client: Chinese industrial equipment exporterLocation: Croation + HungaryScope: VAT structure planning, holding setup, profit transfer advisory
Summary:A Chinese supplier was delivering high-value equipment to an EU-based client but was facing high upfront VAT payments and repatriation challenges.
PGC stepped in to:- Design a reverse-charge VAT model with local accountants and authorities- Set up a Hungarian holding company to manage EU flows- Structure service fee agreements to legally transfer profits back to China
Outcome:The client saved over €400,000 in VAT prepayment and established a long-term legal channel for future EU operations.
Summary:A Chinese supplier was delivering high-value equipment to an EU-based client but was facing high upfront VAT payments and repatriation challenges.
PGC stepped in to:- Design a reverse-charge VAT model with local accountants and authorities- Set up a Hungarian holding company to manage EU flows- Structure service fee agreements to legally transfer profits back to China
Outcome:The client saved over €400,000 in VAT prepayment and established a long-term legal channel for future EU operations.