Articles - Company Formation Hungary

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. Our company has a vast experience in company formation services and virtual office services. The virtual office package provided by CompanyIncorporationHungary.com contains: Quick Facts Virtual office - definition A virtual office is a physical place…

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…

Open a Cryptocurrency Company in Hungary

Investors who want to open a cryptocurrency company in Hungary have to take into consideration few aspects. 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 a suitable legal environment that can regulate cryptocurrency activities, as well as to protect the…

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…

Work Permit in Hungary

Both employers and employees need to be aware on how to acquire a work permit in Hungary. Employers need to obtain an approval from the Ministry of Labor before they can hire foreigners and employees need to obtain a work permit before they can actually start working. It must also be proven that…

Repatriation of Profits in Hungary

If you are a foreign investor and you open a company in Hungary or you have shares in a domestic company in the country, you will be repatriating your profits. The process of repatriating your profits in Hungary is bringing out your profits from your business in the country to where you or your company…