Business Services

Our business services include company formation and incorporation, head office services, representing clients in foreign working capital investments (FDI) or other investments. We assist our clients with their business investments and real estate investments for obtaining a Guest Investor Residence Permit in Hungary. In cooperation with a national network of real estate brokerage offices, we assist our clients in the selection and purchase of suitable mid- to upper-end properties. We provide full representation of our clients up to the registration of ownership and assist them and their family members in obtaining the Guest Investor Residence Permit/ “Golden Visa Hungary”.

Fees to be paid

For a standard „Kft”, in the normal procedure and in the procedure with Standard Contact Form:

  • The duty of registration: Free of charge
  • Publication fee charged as part of the registration: Free of charge Additional expenses may occur (e.g. expenses of Apostille procedure or official translations if it is required by the Court). If any official translation is required, we will inform you. It is important, that all the required documents will be prepared bilingual by our law firm if the engagement letter is signed.

Have a Question?

Our team of professionals is ready to help you set up your Hungarian company, complete with seat sevices, accountancy, and other services. For information on the attorney’s fee, please contact us.

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Business Services in Hungary, Chain Bridge Budapest

Key benefits of the company formation in Hungary

  • Quick and easy incorporation within a few days
  • Low corporate income tax (only 9%)
  • Foreign individuals, companies, social organizations or other entities can set up and own Hungarian businesses
  • One member is eligible to form a company
  • Only one managing director needs to be appointed (who may be a foreigner).
  • Immediate EU VAT number including the eligibility to trade at 0% VAT with foreign EU companies.
  • Low share capital: a minimum share capital of HUF 3,000,000, which can be withdrawn after incorporation.
  • Easy visa and residency options for all nationalities

Information on company (KFT. - Ltd.) establishment in Hungary

I. Limited liability companies (KFT.)

Business associations founded with an initial capital consisting of capital contributions of a pre- determined amount (minimum share capital for this company form is HUF 3,000,000,-, in the case of which the liability of members to the company extends to the provision of their capital contributions, and to other possible services of pecuniary value as set forth in the articles of association. Unless provided otherwise in the new Civil Code, members are not liable for the liabilities of the company.

II. Company establishment procedure

There are two options to establish Ltd./Kft. as a business association:
  • A. Normal procedure
  • B. With Standard Contact Form

A. Normal procedure

For establishing „Kft.”, the followings are required generally
  1. The name of the enterprise (company); The short name of the company.
  2. A Registered Office in Hungary.
  3. The Registered Office of a company functions as the company's headquarters. The registered office also functions as the company's mailing address, where all business and official documents are received, filed, safeguarded, and archived.
  4. A private document also required representing conclusive evidence in proof of entitlement for use of the building where the Registered Office is located.
  5. The company's main scope of activities and other scope of activities.
  6. The company's equity capital. The equity capital may not be less than 3 million HUF.
  7. Decision on how to grant the capital, on bank account or to the cash office of the company; In case of bank transfer, the bank must give an official document that the payment of the capital happened to the account. In case of cash office, the Managing director (MD) signs a declaration about the payment of the capital.
  8. Name of the company members, appointment of the Managing director.
  9. Personal data of the members and the managing director. For this purpose, the scanned versions of all personal documents are required. Copy of the passports, residency card, tax card (if you have any), exact address needed from members and from MD as well.
  10. Duration of the business association? It is generally not limited period.
  11. Determination of the capital contribution of the members. The member will get their share from the dividend in the proportion of their capital contributions.
  12. The Members' meeting may order or may not order an obligation upon the members to provide supplementary capital contributions to cover losses? (Yes/No)
  13. Does your company want to make it possible that the member, the company, or a person appointed by the member' meeting would have right of first refusal in the sequence as set before in case of business share offered for sale in exchange for money (Yes/No)
  14. For the transfer of business shares to third persons: Does the consent of the Members' meeting (company) is required/or the consent of the members' meeting (company) is not required? (Yes/No)
  15. Transfer of business shares by means other than being offered for sale in exchange for money: is permitted; or not permitted? (Yes/No)
  16. Dividends shall be paid:
    • a) to any member who is entitled to exercise membership rights with respect to the company at the time of decision for the payment of dividends; OR
    • b) to any member who was entitled to exercise membership rights with respect to the company until: ......... day ............. month of the given year?
      (Please choose a) or b). If b) please indicate a date)
  17. Is the Managing director entitled / or not entitled to decide on payment of interim dividend? (Yes /No)
  18. May Company Manager be appointed in the company? (Yes/No)
  19. Would your company want to elect an auditor now? - Not obligatory. Would your company want to elect supervisory board now? - Not obligatory.
  20. Please indicate official email address to the company.
The following questions are accountancy related questions.
  1. It must be declared, whether the company of yours will be VAT subject or not.
  2. It must be declared, whether the company will pay VAT according to the general rules of by other method. (It has to be also stated if by other method the company will pay VAT, then what is that method.) Can the company choose to be VAT exemption? If yes it must be indicated the reason for exemption.
  3. Would you like to have an EU VAT number as well?
  4. In connection with the cash accounting, it has to be declared, whether your company choose the settlement based on the XIII/A chapter of the CXXVII Act of 2007 on VAT or not?
  5. Whether your company log in under the itemized tax on small businesses or not?

It is also significant to note, to establish, and to start a company a Hungarian accountant on your side is indispensable, to make necessary statements to the Tax authority and to decide and handle the above stated questions. The scope of activities also must be submitted to the relevant authority by the accountant, we can state these in the Articles of association, but the activities will be listed in the Company register when the accountant submit those

B. Standard Contact Form

It's similar like the other procedure, the only difference is that the application must be submitted using the form.