If you are thinking about starting a business in Europe, don’t look further: Hungary is your best choice. In Hungary, setting up a company is fast and easy. It takes only 4-5 work days to get registered, whereupon you instantly get your EU VAT number as well. Then you only have to open your company bank account, and can start operation immediately. The starting capital for Hungarian companies is also quite low, and it does not even need to be deposited. The corporate tax is only 10%, which is the lowest in Europe.
UPDATE: Corporate tax in Hungary is 9% as of 1 January, 2017. For more information, read our article here.
Moreover, if you own and operate a company in Hungary, you become eligible for Hungarian residency. This will help you run your Hungarian company even more easily, as with a Hungarian resident permit you are allowed to travel freely within the Schengen visa zone in Europe, with no need for a visa or a passport. For your permit application, the most important thing will be to present a sound, realistic business plan with reliable data and calculations – we can help you compile this.
Thanks to its central European location, Hungary is ideal for setting up your European headquarters here, as all major European cities are within reach thanks to the good infrastructure. You might want to consider relocating to Hungary with your family, as the climate is mild, and there are several options for schooling for your children. Helpers can assist you throughout the whole process.
Should you need more information about how to set up a company in Hungary, please contact key account manager Lívia Buzás at livia@helpers.hu, or call our office on +36.1.317.8570 Monday through Friday, 9 a.m. – 5 p.m. CET to receive free consultation. You may ask for the company formation with residency package, or for a solution tailored to your specific needs.
Last Edited 27.11.2019
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