Starting business in Hungary is easier and cheaper than ever. It has a lot of benefits, and minimal risk compared to other jurisdictions. The lowest corporate tax (9 %) also gives a huge advantage to invest in Hungarian business which can be ideal for foreign nationals looking for a cost-effective solution or a convenient base in Europe.
To make this faster and more easier, we will manage all the formation process and liaise between your company and the authorities as well. Our service includes incorporation with business registration, VAT registration, registered addres service. We can also provide agent service for foreign members and directors. The corporate documents can be prepared in German and English language as well.
Setting up Hungarian company without personal presence is also possible* via power of attorney (Apostilled, or authenticated by at a Hungarian Consulate)
*declaration of acceptance and specimen of signature have to be authenticated as well
To open the bank account, the director of the Hungarian company has to travel here to Hungary, once to sign the banking documents at the bank personally.
You can find more details about Hungarian company types and requirements here.