Company Formation in Hungary

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As an international businessman or woman, you might be considering opening a company in Hungary. This is one of the most common ways to do business in Europe and we can help make it happen smoothly and quickly! We have years of experience setting up businesses here in Hungary and can give advice based on our expertise with this unique legal system.

Why set up a company in Hungary?

The most important reason to set up a company in Hungary is that it’s part of the European Union and the Schengen area. This means that if you want to sell your products or services within Europe, it will be much easier for you to do so if your company is based in Hungary.

Another reason why people choose to set up their companies here is because our country has a stable economy and business-friendly environment. It’s also attractive for investors: our government offers tax incentives for foreign investors who want to come here and invest their money in Hungarian businesses or projects (for example, green energy projects). It costs less money than other countries such as Switzerland or Austria (but still requires some expertise), so many foreigners choose this option instead!

In addition, many people come here because they like working with Hungarians – they say they’re hardworking people who always try their best no matter what task they’re given!

How to start a company in Hungary?

• Choose a business name. This can be done in Hungary and abroad, but it’s better to choose a Hungarian name as it will be easier for you and your customers to remember. You can use either an existing company or create a new one, depending on your needs.
• Choose a business form. You have three options: sole proprietorship (egyéni vállalkozás), partnership (együttműködés) or limited liability company (korlátolt felelõsségû társaság). For example, if you want to open an accounting office then choose egyéni vállalkozás form because that gives you more flexibility than others forms such as kft where all partners must sign every document before submitting them at court registry office which may cause delays sometimes if someone is unavailable at that moment due illness etcetera…
• Register in the commercial register – This process takes only 15 minutes once documents are ready; however some paperwork may take longer depending on complexity so plan accordingly before starting this step!

Who can form a company in Hungary?

• Hungarian nationals
• EU citizens (including those from Croatia) who have a valid residence permit or temporary residence permit in Hungary.
• Non-EU citizens with a valid long-term visa for Hungary, whose stay in the country exceeds 90 days within 180 consecutive days are allowed to form companies in Hungary as well.

Do you need a registered address for your Hungarian company?

Yes, you must have a registered address for your Hungarian company. The address must be in Hungary and it must be a physical address (not a PO box). If your business is located outside of Budapest, there are additional requirements that must be met.