Shelf Companies in Hungary
Taurus Legal Group makes launching a business in Hungary straightforward with our fully compliant shelf companies. Our ready-made companies are pre-registered and free of any past liabilities, allowing you to bypass initial registration and start operating immediately. We provide dedicated support tailored to your needs, making your market entry in Hungary both quick and reliable.
Taurus Legal Group
Advantages of registration of business in Hungary
1
White and transparent jurisdiction, compliant with KYC and AML requirements.
2
The lowest corporate tax rate in the EU.
3
Zero taxes on dividends and capital gains for non-residents.
4
Possibility to have a company and a bank account in the same jurisdiction.
5
Ability to open a company in Hungary remotely, although opening a local account requires the personal presence of the director.
6
Obtaining a VAT number for trading in Europe.
7
No VAT on the export of goods from Hungary.
8
The possibility of obtaining a residence permit.
We will be happy to discuss your requirements and find
the best options for you
Call or order a consultation and we will contact you
Taurus Legal Group
Hungary taxes
9%
Corporate tax
2%
Municipal fee
27% (preferential 18%/12%5%)
VAT
27%
Social tax
18%/9%
Inheritance tax
The tax system in Hungary has two sides: the lowest corporate tax in the EU and no taxation of passive income, but at the same time high social contributions and the highest VAT in Europe.
Technology companies benefit from the preferential IP-Box tax regime, which allows them to reduce taxes on intellectual property income by 50%.
IP income is taxed at a rate of 4.5% instead of 9%.
Hungary also provides a VAT number for each company without additional conditions, without requiring annual turnover.
Company Forms
In Hungary, non-residents can register a company in various forms, including partnerships with limited and unlimited liability, joint-stock companies and limited liability companies. For SMEs, the most common form is the Limited Liability Company (KFT).
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Legal requirements
Reporting
Hungarian companies are required to prepare and submit financial statements annually. In addition, for large companies that have a turnover above 300,000,000 HUF for two consecutive years and have more than 50 employees, an audit is required. Since all registered companies automatically receive a VAT number, they also require quarterly or monthly VAT preparation and submission. In some cases, reports may be submitted annually, depending on individual circumstances.
Required documents
1. Three preferred company names.
2. Description of the direction of activity of the future firm.
3. Address for storing accounting records.
4. National and foreign passports of the shareholder and director of the company.
5. Confirmation of the address of registration of the shareholder (for example, a receipt for utility bills).
6. Proof of director’s registration address (for example, receipt for utility bills).
7. Resume (CV) of the director and shareholder.
8. Additional information about the shareholder and director, including tax number and contact details.
Taurus Legal Group
Additional services
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1
Services of a hired (nominee) director 600 EUR
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2
Hired (nominee) shareholder services 250 EUR
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3
Fiduciary service (individual)
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4