Company formation in HungaryCompany formation in 24-48 hours (Limited Liability Company)
Start a business in Hungary: Quick and cost-effective company formation in Hungary
Did you know? The company formation Hungary is a quick and simple process that can also be completed remotely.
START A BUSINESS IN HUNGARY: COMPANY FORMATION HUNGARY IN 1-2 DAYS
The company formation in Hungary can be done remotely without any traveling, this means you can sign all documents in your home, front of your computer without travelling to Hungary. To start a business in Hungary you will only need your passport, home address and tax number. The Hungarian company formation takes only 1-2 days from the signing of the documents, so the company formation Hungary is a very fast process and immediately you will get the EU VAT number as well. And right after the incorporation we will connect you with the accountancy, so this means you can start to work with your company within a few days.
Company registration Hungary: Hungarian company formation and bank account
Did you know? In Hungary the company formation and bank account opening can be done at a different time.
COMPANY FORMATION AND BANK ACCOUNT IN HUNGARY
The company registration in Hungary and the bank account opening can be done in different times. This means, you can not open the bank account before or during the Hungarian company formation process, as first you will have to wait the end of the registration process. According to this the bank account opening in Hungary can be done only after the company incorporation in Hungary. And it is also important that due to the EU regulations the bank account has to be opened personally.
Open a business in hungary: in-depth guide on company formation in Hungary
Did you know? Opening a business in Hungary can seem complex, but by following a step-by-step approach, the process becomes much easier. Below is a comprehensive guide to open a business in Hungary.
Company formation Hungary
STEP 1:
Choose the right type of company
Hungary offers several types of legal structures for companies, but the most common ones for foreign investors are the Limited Liability Company (Kft.) and the Joint-Stock Company (Rt.).
Company formation Hungary
STEP 2:
Choosing the right company name
Before you can officially register your company, you must choose a name which will be your company name. We help you to ensure the name is unique by checking the Hungarian company registry. Once the name is approved, we can start to prepare the documents.
Company formation Hungary
STEP 3:
Preparation of the legal documents
We will need the following documents – passport or ID card of the founders, proof of home address (bank statement, utility bill, etc.) – and we will prepare the legal documents of new Hungarian company within 1-2 days.
Company formation Hungary
STEP 4:
Signing of the company documents
Once the company documents are ready, we arrange an online or in-person signing meeting, where you will sign all the company documents before they are submitted to the registry court.
Company formation Hungary
STEP 5:
Registration and immediate EU VAT number
The Registry Court registers the company within a few days after the signed company documents are submitted. Additionally, the company will receive its Hungarian tax number and European Union VAT number.
Benefits of opening a company in Hungary
Did you know? Hungary is the best place for setting up your European company as Hungary is increasingly becoming a top destination for business formation in Central Europe. Here are the key benefits.
WE SUPPORT YOUR SUCCESS
We provide all support you need. Already our STANDARD package includes the preparation of the registration documentation and all statutory fees with the local and EU VAT number registration. The process of opening a company in Hungary can be complex, which is why it is important to seek professional assistance. Our team of experts at Business Immigration Hungary can guide you through the company formation in Hungary process, ensuring a smooth and efficient company setup.
Hungary company formation cost, cost of company formation Hungary
Hungary company formation cost: Understanding the Hungary company formation cost and associated expenses
WHAT ARE THE COSTS OF HUNGARIAN COMPANY FORMATION
The Hungary company formation cost is relatively low compared to other European countries, making it an attractive option for entrepreneurs. The cost of company formation Hungary depends on several factors, including legal fees, notary costs, and minimum share capital requirements. For a Limited Liability Company (Kft.), the minimum capital required is HUF 3,000,000, but additional expenses such as accounting and registration fees should also be considered. Overall, setting up a business in Hungary offers a cost-effective solution for both local and foreign investors. Other costs may include the price of obtaining a registered office address, translation fees for official documents, and VAT registration if applicable. Additionally, businesses should budget for ongoing expenses like corporate tax, bookkeeping services, and compliance-related fees. Despite these costs, Hungary remains one of the most affordable EU countries for establishing a company.
Company incorporation in Hungary: a streamlined process
Streamlined Hungary company incorporation with strategic support
HUNGARY COMPANY INCORPORATION WITH EXPERT GUIDANCE
Establishing your presence through company incorporation in Hungary provides a robust foundation for business expansion. The process is designed to be efficient and transparent, ensuring minimal delays and clear compliance with local regulations. With expert guidance, entrepreneurs can navigate legal and administrative requirements swiftly and confidently. Our seasoned advisors support every step, from document preparation to final registration, to guarantee a smooth transition into the Hungarian market. In particular, Hungary company incorporation offers a unique combination of favorable tax incentives and strategic benefits for both local and international businesses. As a result, companies can focus on scaling their operations while enjoying a simplified and cost-effective setup process.
Ready made company Hungary, shelf company Hungary
Ready made company in Hungary: A fast-track solution for entrepreneurs
READY MADE COMPANY IN HUNGARY, SHELF COMPANY IN HUNGARY
A Hungarian ready made company is an already established Hungarian limited liability company (KFT) that comes fully registered with an EU VAT number, bank account, and a valid registered address. This option is particularly attractive to entrepreneurs who need to start operations immediately without going through the lengthy process of company formation. The company has already met all the necessary legal and administrative requirements, allowing the new owner to assume control right away. Such companies are thoroughly vetted and come with complete documentation, providing peace of mind regarding their legitimacy. The streamlined transition process minimizes downtime, making it an ideal solution for those aiming for rapid market entry. Ready made companies typically offer a hassle-free solution by eliminating the need for initial setup and registration procedures. Whether you are looking for a shelf company in Hungary or a ready made company in Hungary, this solution offers a quick path to business operations.
Virtual office in Hungary, legal address, registered seat in Hungary
Did you know? Ensure legal compliance and credibility for your business in Hungary.
COST OF VIRTUAL OFFICE IN HUNGARY, COST OF REGISTERED SEAT IN HUNGARY
A virtual office service in Hungary provides companies with a prestigious legal address and registered seat without the need to rent a physical office space. This service is crucial as Hungarian law mandates that all companies have a local address registered with the Hungarian Trade Register. The virtual office not only handles mail and official correspondence but also offers additional services like telephone answering and meeting room access when needed. By maintaining a professional legal address, companies can enhance their credibility with clients. This solution is both cost-effective and flexible, especially for startups and foreign businesses that require a local presence without incurring high overheads. Moreover, it ensures that all essential communications are managed efficiently and securely, keeping the business compliant with local regulations.
Affiliate and branch office registration in Hungary
Did you know? Opening a branch office in Hungary offers certain benefits, but it also has disadvantages when compared to starting a company in Hungary.
COST OF BRANCH OFFICE REGISTRATION IN HUNGARY
Affiliates and branch office registration in Hungary allow foreign companies to establish a local presence without creating a separate legal entity. A branch office acts as an extension of the parent company, subject to Hungarian corporate and tax regulations, and is required to display the name of the foreign parent. This setup facilitates access to the local market while ensuring compliance with local laws, such as those outlined in the LXXXI Act of 1996. The cost of branch office registration in Hungary is 999 EUR and involves preparing legal documents, and following specific administrative procedures that reflect local regulatory requirements. Additionally, expert assistance is often provided to streamline the process, ensuring that all formalities—from tax registration to compliance with operational rules—are handled efficiently. By operating through a branch office in Hungary, foreign businesses can quickly adapt their strategies based on local market dynamics while enjoying the credibility of a recognized local presence. Moreover, this structure often results in lower administrative overhead and faster decision-making processes, enabling companies to capitalize on emerging opportunities. Overall, establishing a branch office in Hungary is a pragmatic strategy for businesses looking to expand efficiently and competitively in Central Europe.
Accounting in Hungary, Accountant in Hungary
Did you know? An accountant in Hungary assist with payrol and VAT registration and reporting, ensuring businesses meet their tax obligations accurately and on time.
ACCOUNTING IN HUNGARY, ACCOUNTANT IN HUNGARY
An accountant in Hungary plays a vital role in managing a company’s financial affairs and ensuring compliance with local tax and statutory regulations. Hungarian accounting services typically include bookkeeping, tax advisory, payroll management, and the preparation of annual financial statements. Our professional accountants are well-versed in the local accounting standards and tax laws, which helps companies avoid errors and optimize their financial performance. This support is especially important for foreign investors who may be unfamiliar with Hungary’s financial landscape. Ultimately, robust accounting practices are instrumental in fostering business growth, ensuring transparency, and maintaining regulatory compliance.
Starting a business in hungary: tax and financial considerations
Did you know? Hungary offers a competitive tax system that can be advantageous for foreign entrepreneurs, making starting a business in Hungary an attractive option. Here’s an overview of the key tax and financial considerations.
Hungary company formation: Frequently asked questions
Find answers: See the most common topics.
Understanding Hungarian labour laws
Hungarian labour law ensures fair treatment of employees while protecting the interests of employers. Here are some key points.
BUSINESS Immigration.hu
Your business immigration expert. Company formation, and EU residence permit services.
Expand your business in Europe, or become an EU resident now:
Contact us:
Office: Budapest, H-1095, Nadasdy street 15/A
Tel: +36-30-612-0821
Email: help@businessimmigration.hu
Web: www.businessimmigration.hu