accountants in Hungary Archives - 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…

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…

Open a SPV Company in Hungary

An investor planning to open a SPV company in Hungary is making an important step towards risk minimization. The special purpose vehicles (SPVs) are enterprises representing an important protection element from bankruptcy or other losses. A Hungarian company formation expert can help you establish a SPV company in Hungary and safely continue your business in this country. Advantages…

Open an IT Company in Hungary

The Hungarian business environment is recommended for those who want to open an IT company in Hungary, as this market is one of the most representative in Central Europe. Foreign investors should also know that Hungary is a member state of the European Union (EU) and, as such, the legislation applicable to companies here follows…

Open a Recruitment Company in Hungary

A recruitment company in Hungary can engage in a number of activities and provide services for a wide range of clients, including overseas entities. This is why investors who want to open a recruitment company in Hungary have the possibility to attract both local and foreign companies as their clients. Our company registration experts in…

7 Reasons for Opening a Travel Agency in Hungary

Tourism in Europe is a very well-developed industry, especially considering that Europeans do not need visas or other immigration formalities within the EU’s and Schengen’s borders. This is why it is recommended to invest in a travel agency in a European country, as each one can have its competitive advantages.…

Company Liquidation in Hungary

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…