Registration of a Company in Hungary

We offer professional services for the registration of companies in Hungary for foreign entrepreneurs. This EU-member country offers a favourable tax system and stable banking services. We accompany you at every stage — from choosing your business form to opening an account and providing bookkeeping.

Advantages of registering a company in Hungary

Reliable European jurisdiction

Hungary, being part of the EU, has a stable business reputation – this enhances trust in your company.
Transparent business

There is no offshore status or “black-lists”, making your business lawful and transparent for partners.
Low corporate tax

The rate is only 9%, and with municipal tax up to 11%, making Hungary one of the most attractive countries for business in Europe.
Exemption on dividends and capital gains

Dividends and capital gains are exempt from tax domestically.
Fast registration

Company formation takes just 1-2 weeks, and a bank account can be opened in one day.
Convenience in currency operations

Hungarian banks allow free transactions in euros, forints and dollars.
VAT number within the EU immediately

Upon registration, a VAT number is automatically assigned, which simplifies interaction with European partners.
Double tax-treaty network

Hungary has concluded agreements with many countries, which helps optimise taxes.
Possibility of obtaining residence permit

On the basis of business you can apply for a residence permit and legally reside in the Schengen area.

Main legal forms of company registration in Hungary for foreigners

KFT (Limited Liability Company)
- Minimum share capital approx. €7,500. (We provide an option for document-based share capital so you do not need to physically deposit the funds.)
- The most in-demand form for small and medium business.
- Liability of participants is limited to the contribution.
RT (Joint Stock Company)
- For larger businesses.
- Share capital from approx. €15,000.
- Can be closed (Zrt) or open (Nyrt).
- Suitable for attracting investment.
BT (Limited Partnership)
- No minimum capital required.
- General partners are liable with all their assets; limited partners only up to their contribution.
ET (Sole proprietor/businessman)
- No requirements for share capital.
- Suitable for small business and freelancers.
- Liability by all assets.
Branch of a foreign company
- Entity without separate legal personality.
- Parent company bears responsibility.
- Suitable for market testing.

Timing & cost of company registration in Hungary

Registration — from €1,500 (up to 2 weeks)

Final cost depends on business form and service package
Bank account — from €950 (from 1 day)

Final cost depends on business form and service package

Steps in company registration

Step 1

Selection and verification of company name
Step 2

Determination of participants, directors and share capital
Step 3

Preparation and submission of documents
Step 4

Receiving registration and tax numbers
Step 5

Registration with social-security authorities (when hiring employees)
Step 6

Opening a bank account

Requirements for company registration in Hungary

Director

Minimum one, a foreigner is permissible.
Participants (shareholders)

Minimum one, a natural person or legal entity.
Share capital

Depends on form (for KFT — 3 million HUF).
Registered address

Required, with document storage.
Bank account

At least one in Hungary.

Obligations after company registration in Hungary

Bookkeeping and annual reporting
Mandatory audit if turnover exceeds 300 million HUF or staff exceeds 50 persons
Corporate tax — 9%
Municipal tax — 0-2%
Electronic invoices only via system connected to tax authority

Support services when registering a company in Hungary

Registered address — from €1,200/year

Accounting services — from €175/month

Local director services — on request

Compliance checks — depend on number of participants and directors

Ready packages of services for company registration in Hungary

Basic

от 3 780 EUR
Company registration (KFT or other form)
Preparation of standard articles of association
Registered address for 1 year
Receiving registration and tax numbers
Standard

от 6 500 EUR
Company registration (KFT or other form)
Preparation of standard articles of association
Registered address for 1 year
Receiving registration and tax numbers
Opening a bank account
Registration with tax authority and social-security authorities
Initial consultation with accountant
Connection to electronic invoicing system
Handling and storage of incoming correspondence
Premium

от 14 800 EUR
Already-formed company with open bank account:

Company website
Individual support and accountant consultation
Assistance with applying for residence permit on business grounds

Share capital (for KFT – approx. €7,800) is paid separately but can be used for company’s operations.

Why work with Gellert Group

Your consultant available 24/7 anywhere in the world

We're always available, no matter your time zone or location.
Cooperation with local experts

We have many-year partnerships with Hungarian legal and audit firms.
Extensive experience in international projects

Dozens of successfully completed registrations and business support for clients from different countries.
Minimal execution time

Thanks to streamlined processes, registration and opening accounts take the shortest possible time.
Comprehensive support

We not only register the company, but also provide accounting, tax support and help with subsequent changes.
Transparent terms

Fixed service-package costs without hidden fees and unexpected expenditures.
Individual approach

We select the optimal business form and service package according to the client’s objectives.