Everything from one provider: legal work, tax registration, accounting and advice
Whether you are setting up a Hungarian company or the Hungarian subsidiary of a foreign group, everything is handled in one place. Company formation takes many administrative and legal steps, but those do not have to take your time and energy. Working with our experienced partner law firms and our own advisory team, we make the process fast and secure, whether you are setting up a Kft., a Bt., a Zrt. or another form. And the company is not left alone after registration: we also start the accounting and the payroll.
What our company formation service covers
- company formation with a partner law firm
- preparing, amending and filing the corporate documents
- applying for the tax number and the EU VAT number
- registrations with the authorities (tax authority, statistical office, local municipality)
- registered office service on request
- tax advice and help with choosing the company form
- starting the accounting and the payroll
Which company forms can you choose from?
The most common forms in Hungary:
- Limited liability company (Kft.): the most widespread form for small and medium-sized businesses. Minimum share capital: HUF 3 million.
- Private company limited by shares (Zrt.): for larger operations. Minimum share capital: HUF 5 million.
- Public company limited by shares (Nyrt.): for companies going to the stock exchange. Minimum share capital: HUF 20 million.
- Limited partnership (Bt.): simpler, for smaller businesses.
- Branch office: without separate legal personality, but a form suitable for ordinary operations for a foreign company.
We choose the form that fits your goals together with you: we go through the tax, liability and operational aspects before you decide.
How company formation works with us
- Discussion and choice of form: we get to know your plans and help you choose the right company form and tax regime, including whether the small business tax (KIVA) is worth considering.
- Preparing the documents: the partner law firm draws up the deed of foundation and the documents needed for registration, while we prepare the tax and administrative registrations.
- Company registration: filing the corporate documents with the court of registration. Electronic, simplified registration usually takes a few working days, and once the application has been filed the company can already start operating as a pre-company.
- Registrations: applying for the tax number and the EU VAT number, and filing the notifications to the tax authority, the statistical office and the local municipality.
- Start-up: setting up the accounting and the payroll so that the operation is compliant from day one.
A dedicated contact person supports you throughout, someone who has an overview of the whole process and who you can turn to at any time.
Who it is mainly for
Foreign companies in particular. If you do not live in Hungary, or you are setting up the Hungarian subsidiary of an international company, you can count on us. Our partner law firms are specialists in the local legal environment, and we make sure the administrative and financial background of the business is in order from the start. The whole process is available in English, documentation included.
A foreign owner can hold 100 per cent of a Hungarian company, and company formation in Hungary is fast by international standards. This is what makes Hungary an attractive entry point in the region.
You can read more about company formation in Hungary in our article.
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- ✅ Company formation steps and entity types
- ✅ Hungarian tax system basics and incentives
- ✅ Accounting, audit, and compliance essentials
- ✅ Employment regulations and investment incentives
Frequently asked questions
What types of company can be set up in Hungary?
The most common is the limited liability company (Kft.). You can also set up a limited partnership (Bt.), a private company limited by shares (Zrt.), a public company limited by shares (Nyrt.), or a branch office of a foreign company. We help you choose.
Which company form suits our goals best?
That depends on the planned activity, the ownership structure, and the liability and tax considerations. The most common choice is the Kft., but before you decide we go through your situation together.
What is the minimum share capital, and when does it have to be paid in?
The minimum share capital is HUF 3 million for a Kft., HUF 5 million for a Zrt. and HUF 20 million for an Nyrt. It may consist of cash and non-cash contributions; the schedule for paying it in is set out in the deed of foundation, and we help with that too.
How quickly can a company be set up?
Electronic, simplified registration usually takes a few working days. Once the application has been filed, the company can already start operating as a pre-company.
Do we need a Hungarian registered office, premises or representative?
The company needs a Hungarian registered office, and we provide a registered office service if you need one. Representation before the authorities and the administration is handled by us and by our partner law firm.
Do we have to file the documents with the court of registration ourselves?
No. Preparing and filing the corporate documents is the task of the partner law firm, and we coordinate the process. From you we need the data and documents required for identification and for the decisions.
Does our activity need a separate licence?
Some activities require a licence or a notification. At the initial discussion we check whether your planned activity needs one, and we help with the procedure.
Who applies for the tax number, the VAT number and the other registrations?
We do. As part of the company formation we apply for the tax number and the EU VAT number, and we file the notifications to the tax authority, the statistical office and the local municipality.
Do we need to open a bank account, and on what conditions?
Yes, the company has to open a Hungarian bank account. Some banks require the managing director to be present in person to open it. We can give you information and help on this as well.
What tax obligations will we have?
Besides corporate income tax, the usual obligations are VAT, local business tax and, if you employ people, the public charges on wages. For smaller companies the small business tax (KIVA) may also be an option. We work out the precise picture at the initial discussion, based on how you will operate.
Do you help with starting the accounting and the payroll?
Yes, that is part of our service. After registration we set up the accounting and the payroll, so the operation is compliant from day one and you do not have to look for a separate provider.
What language do you work in, is the process available in English?
We deal with the authorities in Hungarian, but we communicate with you in English or in Hungarian, and we provide the documentation in English on request. Serving international clients is one of the strengths of our service.
What does the service cost, and what is included?
We set the fee according to your specific needs and the company form, and we record it in advance, item by item, so you know what is included and what may be a separate item, for example the registered office service or certain licences. On request we can put together a turnkey package covering the full administration.
What happens if the process takes longer than planned?
The lead time of the registration itself is usually predictable, but certain licences or banking steps can drag on. If we see that coming, we tell you in advance, so you are not taken by surprise.
Get in touch
If you want your Hungarian company formation in reliable hands, contact us. We handle the legal work, the tax registration and the financial start-up from one place, in English or in Hungarian.
