One of the best options for people wishing to open a company in Europe is to start a business in Hungary. Has about 70 agreements on the avoidance of double taxation. The popularity of starting a business in Hungary is due to the low corporate tax, the central location in Europe, and the developed economic infrastructure.
The client needs to provide 3 variant names of the company. We will check the availability of these variants for registration and offer free options for the final choice. If all three names are filled, we will ask for additional ones. Three names provision isn't a mandatory requirement, but will speed up the verification process.
The client needs to prepare personal documents for company registration. Preparation can be carried out in parallel with the first stage. The exact list of documents depends on the characteristics of the future company. Usually, a copy of the passport and confirmation of the address of the company's participants, as well as a power of attorney, should be provided.
A package of documents is formed for submission to the Register based on the data provided by the client.
The collected package of documents is submitted to the Register. After that, the documents are processed by the registrar and the company is entered into the Register database.
After entering the company into the Register, you can see its registration data in it and if necessary order paper versions of the statutory documents with or without certification. The specialists of our company will help you with all the necessary certification (notarization, apostille) and translations into other languages, if necessary.
Korlatolt Felelossegu Tarsasag (LLC) is a popular form of company registration in Hungary among businessmen. KFT can be a suitable option for tax planning when a firm has a small number of founders.
Businessmen can open other forms of enterprises in the territory of Hungary:
Company registration in Hungary requires certain financial expenses from businessmen. In the case of registering KFT, you need a minimum share capital of 3 million forints — about 8-9 thousand euros.
At least half of this amount should be paid at the time of company registration. The remaining sum — during the next 365 days. However, there is an important nuance: if at the time of the establishment, there will be only one member of the KFT company, the share capital must be paid immediately and in full.
To open company Hungary, a businessman should be careful in selecting its name. It is forbidden to use names that are very similar to the names of existing businesses.
In particular, it is forbidden to use words associated in any way with the state or related to the government. In such a situation, registration of the company will be denied.
At the end of the company name must be an abbreviation that reflects the legal form of the business chosen by the businessman — KFT, BT, and so on. Starting a business in Hungary without the full name of the company, including the abbreviation of the legal form, is not possible.
Hungary is a country that provides a wide list of advantages for businessmen who want to open company in Hungary:
All firms located in the territory of Hungary must undergo a mandatory audit, keep accounts, and submit financial reports. The appointment of an auditor is mandatory when:
Our experts offer a set of services for Hungary company registration. We can register company in Hungary quickly and at an affordable price and, if necessary, provide other necessary assistance.
Lithuania company registration allows business people to enter the European market and successfully develop their businesses. It is possible due to various advantages of the state: some of the lowest corporate taxes in Europe, a stable market economy, and a loyal banking system.
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