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…
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 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,…
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…
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…
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…
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…
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…
Laundry businesses in Hungary have become more and more popular lately, in the context of general development of the country. In large cities such as Budapest, this type of enterprises responds to the needs of both individual customers and accommodation providers. If you decided to invest in a laundry business and you need…
Many foreign investors decide to establish a call center in Hungary as this business proves to be profitable and in high demand. One of the first steps to be done is the registration procedure imposed by the Hungarian law. Even if you are not a native speaker our specialists in company formation in Hungary can…