Frequently asked questions – in detail

Who prepares the incorporation documents?

Every incorporation is prepared, countersigned and filed by Dr. Varga P. Ügyvédi Iroda, a Budapest attorney's office registered with the Budapest Bar Association. Hungarian company registration is only possible through an attorney, so this is not an optional extra but a legal guarantee.

The attorney's countersignature confirms that the documents comply with Hungarian law and that the signatories have been properly identified. You can read more about the office at drvlegal.hu.

How much does company formation cost?

Our company formation service starts from EUR 299. The exact fee depends on the structure of the company: the number of members, whether foreign documents or certified translations are needed, and whether a Hungarian delivery agent must be arranged.

You always receive a personal quote before any commitment – submitting the form is free and non-binding, and there are no hidden costs afterwards.

What is the minimum share capital of a Hungarian LLC?

The minimum registered capital of a Hungarian limited liability company (LLC) is HUF 3,000,000, approximately EUR 7,500. The capital is not a fee: it is the company's own money, which the company can use for its operations from day one.

Depending on the structure, the capital does not always have to be paid in full before registration – we explain the available options and their conditions in the quote.

Do I have to travel to Hungary?

No. The founding documents can be signed via video call as well, with online identification conducted by the attorney, so the whole process can be completed without travelling to Hungary.

Of course many clients prefer to combine the signing with a visit to Budapest – both options are available, and we arrange the appointment to suit you.

How long does the registration take?

After the documents are signed, the electronic filing is submitted immediately. The court of registration typically registers a company founded with the statutory template within a few business days.

The tax number and the EU VAT number are issued together with the registration, so the company can start invoicing right away.

What is a delivery agent and when do I need one?

If a member or managing director of the company has no Hungarian address, Hungarian law requires a delivery agent (kézbesítési megbízott): a person or organisation with a Hungarian address who receives official documents on their behalf and forwards them.

If you do not have a suitable Hungarian contact, we offer a solution as part of the service – simply leave the delivery agent fields empty in the form.

What taxes will my Hungarian company pay?

The Hungarian corporate income tax is a flat 9% – the lowest in the European Union. In addition, a local business tax of up to 2% applies depending on the municipality, and the standard VAT rate is 27% (with EU rules for cross-border transactions).

The actual tax burden depends heavily on the activity and the structure, so we are happy to give you a personal overview for your specific case.

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