Hungary

HUNGARY COMPANY FORMATION - INCORPORATE A COMPANY IN HUNGARY

Register a company in Hungary today!

Hungary is a medium-sized, structurally, politically and institutionally open economy in Central Europe and is part of the European Union's (EU) single market. It has been an EU member since 2004.

www.ma-law.org.pk can assist you to incorporate a company in Hungary. Budapest is emerging as a major European Business hub, and represents great opportunity for entrepreneurs looking to expand their business.

If properly structured, Hungary company incorporation is a tax-efficient solution. Corporate tax ranges between 10% and 16%. A Hungary company can be fully owned and controlled by international directors and shareholders. There is no requirement to appoint local shareholders and directors. Details of the beneficial owner of the company are not available for public viewing.

Hungarian company formation is not perceived as an offshore corporate structure or a tax haven. Registering a corporate entity in Hungary has many advantages such as low (or in some cases none) capital gains and dividends tax. Hungary can also be an excellent jurisdiction for registering a holding company, as Dividends paid to any resident or non-resident person are legally tax-free. Paid royalties are considered expenditures and can be deducted from Hungary corporate profits. Withholding tax is 0%. 

Requirements for Hungary Company Incorporation:

  • Only one shareholder and one director is required to fulfill Hungary company formation requirements.
  • A Hungarian company is required to register for Value Added Tax (VAT).
  • Corporate shareholders are permitted.
  • Registered address or virtual office required
  • Minimum share capital - approx. EUR 2000 - this is not mandatory to be deposited.
  • An Accountant should be appointed prior to the company application (We can provide this).

Mumtaz & Associates can register your company in Hungary in only 5 working days!

We can also assist you with a range of professional services through our associate office in Budapest, including Hungary Company Formation, VAT Registration in Hungary, Opening of Hungarian Bank Account, Accountancy, Bookkeeping and Taxation services, and domicile/registered office/serviced office in Hungary.

For more information and a competitive quotation for register your company in Hungary today, please contact us at Mumtaz & Associates.

 
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