Register A Company In Hungary Today
Hungary is part of the European Union’s (EU) single market and has been part of the EU since 2004. It is a medium sized open economy in Central Europe.
OpenAEuropeanCompany.com can help you to incorporate a company in Hungary.
Hungary can be a great place to incorporate a business, if structured well incorporation in Hungary can be a tax-efficient solution, with corporate tax rates between 10% and 16%. One benefit of Hungary is that there is no requirement to appoint local shareholders and directors, so the company can be fully owned and controlled by international directors and shareholders.
Forming a corporate entity in Hungary has many advantages such as low (in some cases none) capital gains and dividends tax, but Hungarian company formation is not seen as an offshore corporate structure or a tax haven. Some types of companies will benefit more than others in Hungary for example a holding company; dividends paid to any resident or non-resident person are legally tax free. Any paid royalties are considered expenditures and can be deducted from corporate profits.
Requirements for Hungary Company Incorporation:
• One shareholder and one Director is required
• Must register for VAT
• Corporate shareholders are permitted
• A registered address or virtual office required
• Minimum share capital is approx. €2000, this is not mandatory
• An accountant should be appointed prior to the company application (We can provide this service)
How easy is it to close a Hungarian company?
Please click here for further details and services on closing a company.
Open A European Company can register your company in Hungary in only 5 days.
Open A European Company can assist you with all your needs when Incorporating a business in Hungary such as Company Formation, VAT registration, Bank Accounts, Accountancy, Bookkeeping and Taxation Services, and Registered, Virtual and Services offices. Have a look at the contact options you prefer to the right and conatct us today.
