Why is Budapest a great location for start-ups?

The start-up scene in Budapest is dynamic and developed and it is witnessing a growing trend for foreign investments. Hungary’s capital city has a number of business accelerators, however, emerging companies are also at an advantage because of the overall taxation and company formation policies. Budapest offers a unique blend of characteristics for doing business that make it a great location to base a start-up. We look at some of these in this article.

Sponsor content

Budapest, strategically located in Europe

Budapest offers a strategic location in Europe, on an easily accessible route.

The scenic location is due to its positioning along the Danube, however, investors will enjoy the fact that the city is well connected both internally and externally, with all of the major European capitals.

The city offers important opportunities for innovative start-ups and IT businesses but also for more traditional business models. Those investors who open a company in Hungary will find a number of options for operation services in Budapest, from back-office services to payroll and administrative services for their business, all at affordable costs.

 Foreign investors who are looking to set up a company in a different jurisdiction can consider opening a business in Switzerland.