Our dynamic subsidiary company service provides a significant head start. We are ready to assist you in your growth.
Hungary’s low corporate tax rates and double taxation treaties ensure efficiency. Establishing subsidiaries takes 2-7 days. There are restrictions for non-EEA representatives, but foreign investment is non-discriminatory. Subsidiaries must meet accounting requirements, including registration with the State Tax Authority and obtaining a tax identification number. Depending on turnover, annual tax accounts and VAT returns are filed monthly or quarterly with a Hungarian accountant. A Hungarian bank account is necessary, and clients may need to visit Hungary if the parent company has low turnover. Subsidiaries benefit from a 10% profit tax rate, unlike branches.
Establishing a subsidiary Company in Hungary offers advantages for businesses expanding into Central Europe and beyond. Let us handle your business.
A subsidiary in Hungary is an independent legal entity—typically a Kft. (Korlátolt Felelősségű Társaság), which is the Hungarian equivalent of a limited liability company. It is registered under Hungarian law and is treated separately from the parent company in legal and tax matters.
The process typically takes 2 to 7 business days, provided all documents are prepared, translated, and notarised correctly.
Yes. Hungary allows 100% foreign ownership, and there are no nationality requirements for shareholders. However, there may be restrictions on non-EEA directors unless certain compliance steps are taken.
Hungary has the lowest corporate income tax in the EU at 9%, making it highly attractive for international companies.
Yes. Subsidiaries must register for VAT with the State Tax Authority (NAV). VAT returns must be filed monthly or quarterly, depending on the turnover.
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