Registration fee is from 6000 €
Registration period — 2 weeks
Minimum authorized capital - 3 000 000 HUF
Remote opening — yes
Financial statements — yes
Hungary, a country in Central Europe, has been an active member of the United Nations since 1955, joined NATO in 1999, and became a member of the European Union in 2004. Its capital is Budapest.
Maira Consult recommends using a company registered in Hungary to carry out export and import activities in the EU countries, for logistics or transport services, as well as for activity with intellectual property.
Registering an IT company in Hungary is a very profitable solution, as Hungary has a preferential tax regime called IP-Box, which allows IT companies to reduce tax on profits from intellectual property by 50%.
The process of company registration in Hungary. Today, the registration of a KFT company in Hungary is fully electronic.
A company in Hungary is a tax resident of Hungary upon registration and regardless of the place of management.
Our experts are well-versed in the process of company registration in Hungary and are ready to offer high-quality services and provide advice on all issues. Contact us for professional assistance!
1
The lowest income tax in the EU - 9%
2
One of the TOP 10 countries for investments
3
Dividend tax for non-residents is 0%
4
Special tax regime for IT companies
5
Benefits for transactions with intellectual property
The main requirement for a Hungarian company is to have a corporate account with a local bank.
The company name must end with a word, expression or abbreviation that reflects its organizational and legal form.
The minimum share capital for a KFT-type company is HUF 3,000,000, which is approximately EUR 7,800.
At least one natural person is required for registration, without residency requirements.
At least one natural or legal person is required, and there are no residency requirements.
KFT companies are required to keep accounting records and submit an balance sheet annually. An audit is required if the KFT company has 1. Turnover in the last 2 years of HUF 300,000,000. 2. The number of employees is more than 50.
The corporate tax rate for KFT companies is 9%. Municipal tax is 2% (depending on the city of registration). Standard VAT rate is 27%.
The state register is open, and in it you can get public access to data about the director, shareholder, beneficiary, as well as the size of the authorized capital of the company.
A limited liability company (KFT) is the most convenient form of business in Hungary. Before its registration, it is necessary to submit a request to the register of companies to check the availability of the name. After the name is confirmed, the preparation of corporate documents begins.
Each founder of the company must provide a passport and a document confirming the place of residence (for example, a utility bill).
Before registering a company in Hungary, a meeting of participants is held with the participation of a notary, where the founding documents are signed. After that, a bank account of the KFT company is opened in one of the Hungarian banks, to which the amount of the authorized capital is deposited. After the bank confirms the transfer of funds, the documents are submitted to the state registry to complete the registration of the KFT company.
Before registering the company, it is necessary to pay the authorized capital.
The process of company registration in Hungary takes 1 - 2 weeks from the date of receipt of the required set of documents and depending on the workload of the registry.
As soon as a company in Hungary is registered, the registry issues ready-made corporate documents with the appropriate stamps.
If necessary, the documents of the Hungarian company are submitted for legalisation and apostille.
Originals of corporate documents of a Hungarian company are sent by courier service.
Phone
+380 97 527-66-30Client Relations Department
+380 73 427-66-30Address
Kyiv, 01054, Ukraine,
40B Ivan Franko St., office 207