Company Formation in Hungary
Europe
Overview
Hungary offers highly favorable conditions for company incorporation, business operations, and taxation within continental Europe. As of 2017, it boasts one of the lowest corporate income tax rates in the EU at just 9%. The country provides excellent frameworks for holding companies and intellectual property (royalty) operations, alongside an efficient process for automatic VAT number assignment, making it a highly attractive jurisdiction for doing business in the EU.
Our Process
Step 1: Choose Legal Form & Name
Select the most suitable company type (e.g., Kft for trading, or a holding structure) and reserve your unique company name with the Court of Registration.
Step 2: Document Preparation
Prepare and notarize all required incorporation documents, including the articles of association and director consents.
Step 3: Company Registration
Submit the compiled documents to the Court of Registration. The registration process is typically swift, reflecting Hungary's business-friendly environment.
Step 4: Bank Account Opening
Open a corporate bank account with a local or international bank in Hungary to commence business operations.
Key Requirements
- Minimum 1 shareholder
- Minimum 1 director
- Registered office address in Hungary
- Initial share capital (e.g., HUF 3,000,000 for a Kft)