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Hungary is a jurisdiction with one of the lowest tax rates in Europe, where corporate income tax is only 9% (from 1 January 2017).
Company formation process is short and includes minimum formalities – both tax identification number and VAT number are issued automatically, which reduces bureaucracy as well as time. VAT tax returns may be submitted on a monthly or quarterly basis.
One of the advantages of managing a Kft in Hungary is the fact that share capital, the minimum amount of which is 10 000 EUR, does not have to be deposited in a bank account and may be spent right after company establishment, e.g. on accounting services, office, etc.
KFT may carry out any type of business activity except industries that require a licence, these are insurance companies, banks, payment institutions.
Kft have a simple structure, you need only one person to form a company who may be both a director and a shareholder.
Hungary guarantees very favourable environment for doing business. Government is entrepreneur-friendly and year by year introduces new regulations that aim to attract foreign investors. The costs of running a company in Hungary are much lower than in most European countries, both in terms of tax rates, employment costs and fees for setting up and managing a company.
All in all, Hungary is a great place for doing business in almost any industry.
Establishing a Kft in Hungary and registering it for VAT take only a few days.
Choosing Shelfcompanies24, you have one provider offering various services for making your company run smoothly. For the start, we will assist you in establishing a company and registering it for VAT. You may also count on us in the process of opening a bank account. We also provide registered address with virtual office service and comprehensive correspondence handling. Our company also provides accounting.
Our consultants are available to you 24/7. We are committed to solving all client problems as quickly as possible. Company registration in Hungary, together with VAT registration, is just a few days.
Kft may be established remotely on the basis of on a power of attorney, but if you wish to have a bank account in one of the banks located in the territory of Hungary, client presence is required for 3 days minimum. Without visiting the country, we may offer you an account in one of payment institutions or foreign banks.
Putting matters related to setting up and providing services to a company in the hands of Shelfcompanies24, you do not have to worry about anything, we take care of everything and you thanks to that you will have more time to focus on business. We are looking forward to doing business with you!
Just drop us an email or give us a call and we will send you short list of information that we need. After you provide it to us you can come anytime to proceed with the formalities.
Establishing a new company in Hungary is a structured process that typically takes 5-7 business days. ShelfCompanies24 handles the entire formation process on your behalf, from preparing the articles of association to registering with all relevant authorities.
The following legal structures are available for company formation in Hungary:
| Company Type | Description |
|---|---|
| Kft. (LLC), Zrt. (private JSC), Nyrt. (public JSC), Bt. (limited partnership) | |
The minimum share capital requirement is 3,000,000 HUF (~€7,500) for Kft..
Companies formed in Hungary are subject to a corporate tax rate of 9% (lowest in the EU for standard rate). The standard VAT rate is 27% (highest in EU). The currency is HUF (Hungarian Forint).
Standard company formation in Hungary takes approximately 5-7 business days. For exact pricing tailored to your specific requirements, please contact our consultants.
Company registration in Hungary typically takes 5-7 business days. ShelfCompanies24 handles the entire process on your behalf.
You will need valid passport copies, proof of address, description of business activities, and proof of source of funds. Our team guides you through all documentation requirements.
Yes, foreign nationals can establish companies in Hungary. There are generally no restrictions on foreign ownership of Hungarian companies.
The minimum capital requirement in Hungary is 3,000,000 HUF (~€7,500) for Kft.. Our consultants can advise on the optimal capital structure for your business.
ShelfCompanies24 acts as your dedicated company formation agent in Hungary. Our experienced team handles the entire registration process on your behalf — from preparing incorporation documents and liaising with local authorities to obtaining your company registration number, tax identification, and all required certificates. As a company formation agent with over 30 years of experience across 50+ jurisdictions, we ensure a smooth, compliant, and fast incorporation process. Whether you need a brand-new company or prefer a ready-made shelf company in Hungary, our agents guide you through every step — including corporate bank account opening, registered address setup, and ongoing compliance support.
Contact our company formation agents today for a free consultation and competitive quote for company formation in Hungary.