Category: Company Formation

Affordable company setup in Budapest

Budapest is the most affordable city to start a business

Wednesday, 5 August, 2020

Based on 5 factors relevant for business set-up and among 70 key OECD cities, Budapest offers the most cost-friendly options for starting a business.

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Subsidiary, branch office, commercial representative office

Subsidiary, branch office and commercial representative office in Hungary

Friday, 22 May, 2020

When you want to start doing business in Hungary, you might want not to create an individual LLC but set up an outpost of your foreign company, which can be a branch office or a commercial representative office.

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IMF forecast for Hungary 2020 and 2021

Hungarian economy still strong according to IMF outlook

Thursday, 16 April, 2020

In the latest forecast published by the IMF, Hungary is listed among the economically strongest EU member states, with the least expected GDP loss in 2020, and an impressive comeback in 2021.

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economic activities at a Hungarian company

Possible economic activities at your Hungarian company

Wednesday, 8 April, 2020

Discuss TEÁOR codes with your account manager when planning the company formation, so you can submit the right codes to the registry. You will need to revisit the concept of TEÁOR codes only if you want to alter or expand the range of economic activities of your company.

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Power of attorney attestation Hungary

How to properly get a Power of Attorney attested?

Monday, 30 March, 2020

A Power of Attorney (or a POA in short) is an official document through which you can authorize persons or entities to act in your name. However, if you want the Power of Attorney to be recognized by all authorities internationally, you will need it attested.

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Benefits of Hungarian company formation

The benefits of Hungarian company formation

Tuesday, 17 December, 2019

Are you wondering where you should open a company in Europe? Choose Hungary! Opening an LLC in Hungary is simple and fast, so it offers a time- and cost-effective solution when moving your business operation to Europe.

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Company formation Hungary 2019

Hungarian company formation trends in 2019

Wednesday, 21 August, 2019

Hungarian company formation was more popular in the first quarter of 2019 than anytime since 2014. The increasing number of incorporations, together with a recent decrease in the number of company dissolutions shows a positive trend altogether.

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Register at Cégkapu or at the Company Gate in Hungary

Cégkapu: What is the “company gate” in Hungary and why do I need it?

Tuesday, 30 October, 2018

The “company gate” is an electronic storage where official mail sent to your company is always accessible. Whenever you get an official letter, a notification is sent to your indicated email address. You can then log in to the company gate and view the message.

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Comparison Table for Company formation in Central Europe

Company formation in Central Europe – Comparing Poland, Hungary, Slovakia and the Czech Republic

Tuesday, 2 October, 2018

When you are starting business in Europe, it might not be obvious where you want to set up your company. This short comparison of company formation in Poland, Hungary, Serbia and Albania might be able to set you on the right track.

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2018 changes to VAT Hungary

How does VAT in Hungary change in 2018?

Thursday, 18 January, 2018

VAT regulations in Hungary are amended each year to adapt to the changing economical environment. Learn about the 2018 VAT reduction and other new regulations regarding invoices with a high VAT content.

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