Our strength: remote banking introduction*
Responsiveness in real time on our chat online, in English or French, our permanent follow-up and our assistance included in all our packages.
The Premium Pack*: pay in 1 or 2 instalments
Pay in 1 instalment € 1 990+ VAT.
Pay in 2 instalments, deposit € 995+ VAT.
- When you place your order, you will automatically receive an e-mail with a Company incorporation form to fill in.
- Payment can also be made by bank transfer: you can place your order above: during payment, you will be offered the option of paying by bank transfer; click on the “Bank transfer” box: when we receive your order, we will send you our bank details for your transfer, with the option of paying in 1 or 2 instalments.
[email protected] (in english or french)
+33667896739 (in french) 
whatsapp (in french)
New: contact one of our customer advisers. Would you like to be reassured about our company? We can put you in touch with one of our customer advisers on request.
The Premium Pack includes :
- Company formation in Hungary without travel, banking introduction* HSBC.
- Ultra-fast assistance with banking introduction*.
- Bonus: 3 exclusive business ideas not yet exploited.
- We guarantee comprehensive, high-quality services, with complete transparency and a climate of trust; we guarantee real-time availability 6 days a week, 10 hours a day, follow-up and assistance… Find out what our customers have to say about us.
- Need reassurance about our services? No problem, we can provide you with the telephone details of one or more of our customers.
- Boost your business with our network of contacts throughout Europe (manufacturers, distributors, suppliers, resellers, local agents, logistics and goods-in, etc.).
Banking introduction* (online banking, CB,...) to Revolut Business, Wise,... : €0 (included in all Companies incorporation orders)
OR
Assistance in English (an independent account manager, employed by the bank, calls you and takes care of your request to open an account with Revolut Business or with one of our other partners) : €290 + VAT.
OR
Banking introduction* in a real bank in Europe (French language), network of banking agencies in a country bordering France, with travel : €392 + VAT.
OR
Banking introduction* in a real bank, with a network of branches, WITHOUT TRAVEL (which is rare for a real bank), with of course online access, remotely and with an independent account manager, working for the bank, english and french : without travel, €392 + VAT.
OR
HSBC banking introduction* in a European Union country: €890 + VAT.
You can, of course, opt for an online banking introduction* (neo-banking: Revolut Business or another of our partners), which is included free of charge in all our Company incorporation packages.
9%: lowest tax rate in EUROPE
Benefits
- Les particuliers, les entreprises, les organisations sociales et autres entités étrangères peuvent créer et posséder des entreprises hongroises.
- Un seul membre est admissible à la création d’une société en Hongrie.
- Un seul directeur général doit être nommé (qui peut être un étranger).
- Enregistrement de la société en quelques jours.
- Numéro de TVA immédiat avec la possibilité de commercer avec tous les États membres de l’UE.
- Un capital social minimum d’environ 10 000 EUR (3 000 000 HUF), qui peut être retiré après la constitution.
Competitive tax system
- Books can be kept in EUR.
- Corporation tax: 9% – the lowest in Europe.
- Local business tax: 0% to 2% depending on location.
- Dividend tax: in accordance with tax treaties, in most cases 0% in Hungary.
Favorable business environment
Hungary is a full member of the EU. Although the euro has not yet been introduced as a domestic currency, it can nevertheless be used in all types of settlement.
- Foreign working capital exceeds 60% of GDP.
- Availability of high-quality, inexpensive raw materials.
- Inexpensive, skilled workforce.
- Given its geographical location, market potential, EU membership and diplomatic relations, Hungary offers a strategic position within the EU, Eastern Europe and Asia.
- Extensive road and waterway infrastructure, vast freight network, European distribution center.
- Extensive high-level IT infrastructure (administration, banking system, authority procedures).
- Free movement of capital and labor within the EU.
- Hungary is a member of the customs union, which means significant time and administrative savings when trading with other EU member states.
- Favorable tax environment.
- English is widely used, especially for foreign-language accounting.
Types of companies in Hungary
LLC
The most popular type of company in Hungary is the limited liability company, due to its simplicity and rapid incorporation process.
LLCs can consist of a single partner with limited liability.
The minimum share capital is HUF 3,000,000 (approx. EUR 9,500), which must be deposited in the company’s bank account within one year of registration.
Once this share capital has been deposited in the company’s bank account, it can be spent immediately to meet the company’s operating costs.
For this type of Company incorporation, a Hungarian residential address is not required.
Sole proprietorship
If you don’t expect to generate very high sales (e.g. less than €200,000/year), it may make sense to set up as a sole trader in Hungary.
Self-employed traders in Hungary are registered by the tax authorities, not by the Registry Court, so this doesn’t exactly apply as a type of business, but business activities can be carried out as in the case of a company.
In this case, the tax system can be really advantageous if your sales are low. There is no minimum share capital, but you will be personally liable for all your company’s debts. You must have a personal residence in Hungary.
The partnership
Another option is to set up a General Partnership.
This is a type of company that is registered by the Registry Court, and for its establishment there is no minimum share capital amount.
To register this type of company, at least two members are required: a general partner and a limited partner.
The general partner has unlimited personal liability for the company’s liabilities; the limited partner’s sole liability is up to the amount of the share capital (minimum €1), which he or she is required to provide in accordance with the company’s articles of association.
You do not need to be a Hungarian resident to set up this type of Company incorporation.
Joint-stock Company
The joint-stock company is a type of shareholding, not to be confused with the LLC (company shares), but its shares cannot be placed on the stock exchange. The authorized capital for a joint-stock company is at least HUF 5,000,000 (approx. EUR 14,000); shareholders have no liability to creditors.
The cash contribution must be at least 30% of the authorized capital at the time of incorporation, and cash must be deposited in the company’s bank account at the time of formation of this type of Hungarian company.
This legal form of company is recommended for large companies wishing to involve external investors, once the company has been established.
Ready-made companies (already created) :
Our company can also sell you a ready-to-use company; in this case, you don’t need to order a company incorporation.
A ready-for-use company is a company that is generally registered and put on hold until a buyer is found. It has neither liabilities nor assets.
Ready-to-use companies currently available :
| Year of registration | Type of company | company address | shared capital | EU VAT number | bank account | purchase price | amendment costs |
|---|---|---|---|---|---|---|---|
|
2005 |
LTD |
BUDAPEST |
3.000.000
HUF |
YES |
UNICREDIT BANK |
4 490 EUR |
600 EUR |
|
2007 |
LTD |
BUDAPEST |
3.000.000
HUF |
YES |
UNICREDIT BANK |
3 490 EUR |
600 EUR |
|
2007 |
LTD |
BUDAPEST |
3.000.000
HUF |
YES |
ERSTE BANK |
2 990 EUR |
600 EUR |
|
2009 |
LTD |
DEBRECEN |
3.000.000
HUF |
YES |
CIB BANK |
2 990 EUR |
600 EUR |
|
2010 |
LTD |
DEBRECEN |
3.000.000
HUF |
YES |
UNICREDIT BANK |
3 490 EUR |
600 EUR |
|
2014 |
JOINT-STOCK COMPANY |
BUDAPEST |
5.000.000
HUF |
YES |
OTP BANK |
21 490 EUR |
600 EUR |
|
2015 |
LTD |
BUDAPEST |
3.000.000
HUF |
YES |
RAIFFEISEN BANK |
2 990 EUR |
600 EUR |
|
2015 |
LTD |
BUDAPEST |
3.000.000
HUF |
NO |
RAIFFEISEN BANK |
2 990 EUR |
600 EUR |
|
2018 |
LTD |
DEBRECEN |
3.000.000
HUF |
YES |
ERSTE BANK |
3 490 EUR |
600 EUR |
|
2021 |
LTD |
DEBRECEN |
3.000.000
HUF |
YES |
ERSTE BANK & OTP BANK |
2 990 EUR |
600 EUR |
|
2021 |
LTD |
DEBRECEN |
3.000.000
HUF |
YES |
ERSTE BANK |
2 990 EUR |
600 EUR |
|
2021 |
LTD |
BUDAPEST |
3.000.000
HUF |
YES |
RAIFFEISEN BANK |
2 990 EUR |
600 EUR |
|
2021 |
LTD |
DEPRECEN |
3.000.000
HUF |
YES |
ERSTE BANK |
2 990 EUR |
600 EUR |
|
2021 |
LTD |
DEPRECEN |
3.000.000
HUF |
YES |
ERSTE BANK |
2 990 EUR |
600 EUR |
|
2022 |
LTD |
BUDAPEST |
3.000.000
HUF |
YES |
ERSTE BANK |
2 990 EUR |
600 EUR |
Please note that the above fees are exclusive of VAT. The company’s registered address will need to be changed: we can of course arrange this for you. Please note that in some cases, the company name may need to be changed.
Visa services (€1,990 + VAT/person)
Once you have established your company in Hungary, if you wish to live in Hungary, you will have the opportunity to obtain a residence permit, even if you are not a resident of a European Union member country.
To obtain a residence permit as managing director/owner of a Hungarian company, the minimum requirements are as follows:
- you must have a valid passport,
- you must confirm the purpose of your stay, which can be done in 2 ways after Company incorporation:
a.) the company legally employs at least 3 Hungarian citizens or other persons with the right of free movement and residence on a full-time basis, for at least six months continuously, without interruption,
or
b.) you can provide a business plan and an agency contract.
- You’ll need to provide a bank statement in your name for the last 3 months and a residential lease.
- You must be insured for health care or prove that you can cover the costs or take out health insurance.
- You must not be subject to deportation or a ban on entry and residence, and your entry and residence must not threaten the law and order, public safety, national security or public health interests of Hungary.
- You must not be the subject of an SIS warning ordering a ban on entry and residence.
You’ll need to provide a bank statement in your name for the last 3 months and a residential lease.
You must be insured for health care or prove that you can cover the costs or take out health insurance.
You must not be subject to deportation or a ban on entry and residence, and your entry and residence must not threaten the law and order, public safety, national security or public health interests of Hungary.
You must not be the subject of an SIS warning ordering a ban on entry and residence.
Nos frais comprennent :
- All government and statutory fees,
- Taking care of the residence permit application,
- Assistance in drawing up the necessary appendices, with particular attention to the preparation of the business plan,
- filing the application,
- Representation in the event of any changes to documents,
- If the application is approved, we will take care of the necessary forms once you have entered Hungary, and provide assistance and representation in obtaining your residence permit.
FAQ
- How many times do I have to come to Hungary?
If you wish to sign all the documents required to register your company remotely, you only need to come to Hungary once to open a bank account for your company (unfortunately, you cannot sign the documents required to open an account remotely). Exceptions may apply (check with your agent: telephone contact details above).
- What is a service or process agent?
If the managing director/owner of the company does not have a Hungarian residential address at the time of incorporation, a service or procedural agent must be named in the application for registration. The agent or nominee may be an organization with its registered office in Hungary or an individual with permanent residence in Hungary.
- Can I withdraw share capital from my bank account?
Yes, once your company has been set up, you can spend the registered capital on the Hungarian company.
- Can I change my business activities after incorporation?
Yes, they can be changed at any time.
It is possible to set up a Hungarian company without being present (Hungarian consulate or notary abroad). In this case, signing and notarization costs are additional. If the company is established by a foreign company, the certified translation of the original certificate of ownership is charged as an additional cost.
*Notre tarif ne comprend pas les frais de fiducie, les besoins de traduction éventuels, le coût éventuel au Consulat Hongrois, le dépôt du capital social et la domiciliation (adresse du siège social).
As an option, on request and subject to quotation, we can help you create the economic substance of your company (location, materialization, recruitment, organization, development).
*The registration of a bank account* by a third party is illegal, even with a power of attorney; we invite you to be wary of sites offering to open a bank account* for you. An independent manager from our company, an account manager working for the bank, will call you to handle your request to open a bank account*. Our service is to put you in touch with the bank, not to open a bank account*. The bank has the sole right to decide whether or not to open a bank account* (art. L. 312-1, II CMF). The bank’s decision is based on the applicant’s profile and eligibility to open a bank account*. We do not open a bank account ourselves and do not guarantee the opening of a bank account*. Banking introduction* is a service obligation, not a performance obligation or a results requirement. See our other special conditions and our Terms of use, sales and privacy policy.