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…
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…
An investor planning to open a SPV company in Hungary makes an important step towards risk minimization. The special purpose vehicles (SPVs) are enterprises representing an important protection element from bankruptcy or other losses. Our Hungarian company formation experts can help you establish a SPV company in Hungary and safely continue your business in this country. Advantages…
The Hungarian holding company represents a legal entity that is created for the purpose of holding shares in other companies, and its main role is to create a group of businesses. What is the role of a holding company in Hungary? Basically, a holding company doesn’t have business activities like producing goods or providing services. Its main responsibility is…
The purpose of company liquidation in Hungary is to dissolve a company and satisfy the claims of its creditors. The legal grounds for company liquidation are set forth in the Bankruptcy Act. Any company in Hungary that wants to end its activities needs to observe the proceedings for this purpose as described by law (our team provides…
What is a shelf company? A shelf company in Hungary is an excellent option for foreign investors who do not want to register a new company in Hungary. These companies have already been incorporated but have been left dormant, meaning that they have no commercial activities but have all the incorporation documents in…
Accounting requirements in Hungary Most of the available types of businesses in Hungary must comply with the accounting principles in the country and observe the general rules for taxation. Our accountants in Hungary provide complete accounting services that are developed for the needs of any company type. Businesses operating in all economic sectors can benefit from our basic…
Reasons for establishing a subsidiary in Hungary Subsidiaries are forms of legal entities opened by foreign companies in order to perform commercial activities not necessarily in the same field as the foreign company. The main characteristics of a subsidiary in Hungary and the process of opening this type of office are presented in our table below.…
The double tax treaties signed by Hungary The double tax treaties signed by Hungary were designed with the purpose of avoiding the double taxation of incomes in the country were the foreign investor have residence and in the country were he has invested capital, Hungary in this case. In present, Hungary…
