General Information about Company Formation in Hungary

Hungary is a member of the European Union.

In terms of taxation:

– Income taxes 9%

– 25% VAT

– No withholding tax on dividends or royalties

How to use a Hungarian company:

– Service provision activity

– Consulting

– Holding company in Europe

– Intellectual property

The type of Hungarian company we offer:

– KFT (limited) – Sàrl

Details of the limited liability company (LTD)

– The most common form of company in Hungary is the limited liability company (KFT).

– Shareholders of any company

– A director with authorization to reside in the European Union is compulsory

– The head office in Hungary

– Minimum share capital of 500,000 Forint (approximately € 1,800) paid in full.

– Bank account with Internet Banking.

– Accounting to be kept and annual accounts to be filed

– VAT to be returned quarterly

Benefits of setting up a company in Hungary:

– Reduced taxation (one of the lowest in Europe)

– Ideal for service delivery

– No withholding tax on dividends paid or royalties

– 9% tax on profits (companies)

– Personal tax rate 16%

– Excellent image (European company)

– Quality banking services

Hungary flag

The main activities that you can take with a company formation in Hungary:

  • Entrepreneurship

  • E-Commerce

  • Import-Export

  • Consulting

  • Detention and exploitation of IP

  • Detention of real estate property

  • Organizing Your Estate

  • Brokerage