Company Formation in Hungary

Register your company in Hungary in a week

COMPANY FORMATION IN HUNGARY

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    Requirements to Open a Company

    • Minimum 1 Shareholder (Individual/Corporate Entity).
    • Minimum 1 Director.
    • The minimum share capital for a Limited Liability Company is HUF 3,000,000.
    • A local registered office address.

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    Our Services

    Company Formation Services
    Incorporation services:
    • Name search and name reservation
    • Preparing relevant resolutions, incorporation documents and company setup
    • Registering with Chamber of Commerce
    • Obtaining VAT registration
    • Assistance in opening a bank account
    Other Maintenance & Compliance Services:
    • Providing a registered office address
    • Book keeping and Preparation of Financial Statements
    • Filing tax and annual return

    Time Period

    Opening a company in Hungary takes generally takes 1 week to complete along with the formalities.

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    Advantages of Company Registration in Hungary

    Hungary, located in the Central European region shares its borders with seven other countries, i.e., Ukraine, Austria, Serbia, Croatia, Slovenia, Romania and Slovakia. The main driver of its economic growth can be attributed to industries such as Agriculture, Automobile, Electronics, Construction, Mining and Textile among others. It has signed bilateral tax treaties with 80 countries such as India, Germany, USA, Japan, Singapore, the United Kingdom, etc. in order to avoid Double Taxation. It is a member of the European Union (EU), North Atlantic Treaty Organisation (NATO) and Organisation for Security and Co-operation in Europe (OSCE). Following are the benefits of company formation in Hungary:

    • It enjoys the lowest tax rate across Europe

    • Strategically located in the middle of Europe, it is convenient for cross border activities

    • Easy to obtain VAT registrations that allow for trading freely across EUCost-efficient company registration, set-up and maintenance as compared to other EU countries