If you're looking to run your own company either living in Hungary, you'll need to be properly registered and paying the correct taxes.
Registering a Kft (limited) company in Hungary is straightforward and lets you start trading right away.
Our experts can help.
Once registered, you'll get an EU VAT number and be able to open a bank account.
With just 9% corporate tax rate, and a variable local business tax starting from 1%, Hungary is a cost-effective place to start a business.
In many cases, having a company registered in Hungary makes it easier to hire staff and keeps help you avoid personal liability.
Our expert will assist you with the process from start to finish. After a no-obligation, in-person meeting to discuss your exact circumstances and answer any questions you have, you’ll get a personalised quote for setup. This will consist of a one-time setup fee and an ongoing fee to cover bookkeeping and filing services. There are also some government costs to pay.
Once things get started, your expert will tell you what documents are needed, how to get them and where they need to be submitted. They’ll be on hand for any question you have and to help you overcome any hiccups. Once you’re ready to start doing business, you’ll receive an invoicing guide explaining how to write an invoice either electronically or on paper and they can also advise on the proration of taxes, and general banking advice.
Please note - while you don't need to live in Hungary to form a company here, you will need to visit at least once to sign documents with the lawyer and open a bank account.
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Remember, these vary by circumstance.
Our expert will help you work our your specific costs.
| Company Setup Fee | Bookkeeper Ongoing Fee | Chamber of Commerce Fee | |
|---|---|---|---|
| 150k - 350k HUF | 40k - 150k HUF | 5k HUF | |
| (depending on complexity) | (depending on complexity) | Fixed | |
| Pay Once | |||
| Pay Monthly | |||
| Pay Yearly | |||
Note: The setup fee and the ongoing fee bookkeeper fees are determined based on the type of activity and business you are conducting. There may be additional fees for various reasons such as the need to invoice outside of Hungary, adding employees, or adding a registered office/shop.
Fill in one short form and we'll get back to you shortly to arrange a no-obligation chat with our local expert.
We'll try to cover them?
In Budapest, we work with local business consultants, lawyers and accountants who, working with a small team has helped dozens of people form companies in Hungary.
There is nothing stopping you setting up a company yourself, you'll find it very difficult without knowing Hungarian. A lawyer and bookkeeper are both required.
If you're doing business you'll generally need to be registered self-employed or have your own company. This is so you can issue invoices and pay the correct taxes.
Most people have no problem registering a company in Hungary. Provided your honest and accurate when registering and provide all the required documentation in a timely fashion, nothing should go wrong. Where there are bumps in the road, our expert will do their very best to help you overcome them.