Benefits of a Hungarian company:
one of the lowest corporate tax: 9%
a single member (who may be a foreigner) is eligible to form a business
a minimum share capital of app. EUR 10,000 (HUF 3,000,000), which can be withdrawn after incorporation.
company registration in 2-4 business days
0% tax on dividend in Hungary if the owner is foreign individual or any company
EU VAT number is issued automatically (there are not any conditions to receive it)
books may be kept in EUR.
During a company’s registration, an agent to receive service of process should be reported if
- a foreign legal entity or
- a natural person who is not resident in Hungary
is indicated in the application for the company’s registration (or change registration).