Articles - Company Formation Hungary

Open a Trust in Hungary

Foreigners are allowed to open a trust in Hungary, a structure that is designed for asset management purposes. It must be noted that foreigners do not need to have a residence permit issued by the Hungarian authorities in order to register this type of entity, making it a very attractive…

Open a Foundation in Hungary

Foreign investors can set up their operations in Hungary through a variety of structures. They can incorporate commercial companies or non-for-profit structures (which can take the form of associations or foundations). Those who want to open a foundation in Hungary must abide by the requirements of the Hungarian Civil Code.…

Fiscal Representative in Hungary

A fiscal representative in Hungary defines the entity that is appointed as the tax representative of a company, who will handle various formalities established by the Hungarian authorities. While for some companies, there isn’t a legal obligation to appoint a fiscal representative, for others, it is mandatory in order to…

Payroll in Hungary

Payroll in Hungary refers to all the accounting procedures and other formalities related to the taxation of employment. Payroll refers to the calculation of the employment taxes, benefits, bonuses, vacation days, sickness benefits and many others. Payroll is a procedure that falls under the responsibility of our accountants in Hungary…

Register a Limited Company in Hungary

Reasons for investing in a Hungarian limited liability company Being a country with low taxes and a stable economy, Hungary represents a very attractive country to set up a company, and the preferred by foreign investors is the Hungarian KFT (limited liability company). The incorporation period is rather short and it adds to other advantages…

Virtual Office in Hungary

With a virtual office in Budapest, your business will benefit from the presence of a high-profile office at a fraction of the cost of a traditional office, which can be ideal if you want to open a company in Hungary. Our company has vast experience in company formation services and can also assist you in purchasing the services…

ICO in Hungary

ICO in Hungary refers to a procedure through which businesses and persons involved in cryptocurrency activities can raise capital for their business ventures. ICO defines initial coin offering, the procedure through which a company can raise its capital through the issuance of tokens (which are virtual currencies). Such tokens are sold to investors, who, in return, will obtain various financial advantages,…

Open a Cryptocurrency Company in Hungary

Investors who want to open a cryptocurrency company in Hungary have to take into consideration a few aspects, such as the formalities for the issuance of a crypto license in Hungary. One of the most important matters is that cryptocurrency is not considered yet a legal tender. However, the Hungarian authorities are actively working at creating…

Relocate your UK Company to Hungary after Brexit

Numerous businessowners who have incorporated a company in the UK, regardless if they were local residents or foreign investors, started considering relocating their companies in other European countries when Brexit was decided. As of 2021, the UK is formally no longer a part of the European Union (EU) and this has multiple consequences in regards to trading…

Relocation to Hungary

Relocating to Hungary requires many important legal documents, as well as other information that you need. Our experts in Hungarian company formation matters can assist you in acquiring these documents as well as provide you with the much needed knowledge about obtaining residency in the country. Whether you will be moving there for…