Company ownership in Hungary is a comfortable and cost-effective way to start trading with European countries. Hungary is the ideal location for setting up a European company, since the corporate tax is very low (only 9%), while company formation takes only a few days, and you immediately get an EU VAT number as well.
At some point of your business career, the time might come when you decide not to continue working through your own company. There might be several reasons for this. However, when your business is no longer active, and it seems it will not be active again in the future, you may want to initiate the liquidation of the company.
Company liquidation is the official process of closing down your company. If you decide to do so yourself, the process is referred to as “voluntary liquidation”. Voluntary liquidation in Hungary is a lengthy process with several things to keep in mind.
Since Helpers Hungary has 10 years of experience in setting up companies and assisting company operation, naturally we have also conducted several company liquidation procedures. If you are yet unsure whether you should liquidate your company, let us help you consider your options and make your decision. If you decide in favor of voluntary liquidation, we will assist you throughout the process.
Just call our office on +36.1.317.8570 and ask for a free consultation, or contact Lívia Buzás on livia@helpers.hu. Let us help you in your ventures, whatever you decide.
Contact us
If you are a U.S. citizen, you can easily move to the EU and gain visa-free access to the Schengen zone. Become a resident or a citizen of Hungary, which is a member of the European Union, and take advantage of your new privileges.
Read MoreWhen you submit forms or create contracts in Hungary, witness signatures might be required on it. But how does that work, and who can be a witness?
Read More