Setting up Business in Hungary
Starting business in Hungary is easier and cheaper than ever. It has a lot of benefits, and minimal risk compared to other jurisdictions. The lowest corporate tax (9 %) also gives a huge advantage to invest in Hungarian business which can be ideal for foreign nationals looking for a cost-effective solution or a convenient base in Europe.
To make this faster and more easier, we will manage all the formation process and liaise between your company and the authorities as well. Our service includes incorporation with business registration, VAT registration, registered addres service. We can also provide agent service for foreign members and directors. The corporate documents can be prepared in German and English language as well.
Setting up Hungarian company without personal presence is also possible* via power of attorney (Apostilled, or authenticated by at a Hungarian Consulate)
*declaration of acceptance and specimen of signature have to be authenticated as well
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 EUR 10,000 (HUF 3,000,000), which can be withdrawn after incorporation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.
Please see below our most famous formation packages:
BASIC package: EUR 650
- incorporation
- incorporation costs and fees are included
- bilingual corporate documents
BUSINESS package (BASIC +) : EUR 990
- incorporation
- incorporation costs and fees are included
- bilingual corporate documents
- registered address service for 1 year (including scanning the arriving letters and forwarding in email)
- agent service for 1 year for 1 person
Or contact us for a special quote.
The fees do not include VAT.
The fees are determined by charging +27% VAT.
Additional services:
To open the bank account, the director of the Hungarian company has to travel here to Hungary, once to sign the banking documents at the bank personally.
You can find more details about Hungarian company types and requirements here.
To start the formation process, you can request our formation form. For further informations, please feel free to contact us!