Client testimonial

When we decided to start our Hungarian company, we noticed that most info available is in Hungarian. Helpers guided us through all the processes. I can only recommend them.

JOAO PENHA-LOPES, PHD (PORTUGAL) Clever Time Consulting

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Company formation – Tailored to your needs

Helpers is a one-stop-shop for business services. We offer assistance in company formation, starting from chamber registration through providing registered seat to accountancy. Now we have introduced a new pricing scheme to better accommodate your needs.

Fastest incorporation in Europe

When you have a business idea you want to make reality, you don’t want to waste time with unnecessary administration. Hungary offers the fastest company incorporation procedure in Europe. Have your company incorporated in just a few days Founding a lim …

Useful Tips

The incorporation procedure can be done via POA or in person, but after the registration the director must be present in Hungary briefly in order to open the bank account. We do our best to keep it simple, and also provide full assistance during client visits.

Company formation in Hungary

Packages starting from: EUR 1,190 (+VAT)
Click here for pricing.

Our special offer: sign up for accountancy for one year with Helpers, and receive a free upgrade to the next higher company formation package – a saving of EUR 400-500! Learn more about our accounting services here.

Starting a business, that is, setting up a company in Hungary takes only a few days, including VAT registration – making Hungary one of the last countries to issue EU VAT numbers automatically. Combined with a 9% corporate tax, this makes Hungary a prime business and investment destination, ideal for foreign nationals looking for a cost-effective solution or a convenient base in Europe.

Why Hungary?

  • quick and easy incorporation: company registration in 2-3 business days
  • low corporate tax: at only 9%, it is one of the lowest in Europe
  • immediate international VAT number: no wait or extra requirements
  • low starting capital which does not need to be deposited
  • cost-effective setup and maintenance of the company
  • central location in Europe and good infrastructure
  • easy visa and residency options for all nationalities

When incorporating a Hungarian company with Helpers, you will receive all the support needed to get the company up and running. Our start-up package includes full-service incorporation with business registration, VAT registration, opening a bank account, and basic accountancy. Depending on your location and nationality, we may be able to conduct the entire process without you (through power of attorney) – please ask about your options.

If you do not know where to start – or if you do not want to deal with the hassle of starting a business from scratch – consider buying into a local franchise chain. Find out more here.

Pricing

Choose the company formation package that best suits your business goals and current situation. All of our packages include everything that is compulsory, with no hidden fees or extras.

Start-up package: EUR 1,190 (+ VAT)

  • company formation (company registration in person or via POA)
  • company registration tax
  • local and international VAT number
  • bank account opening
  • documentation in Hungarian and English
  • start-up accountancy (initial reporting towards authorities)
  • personal tax number and social security number for the director
  • chamber of commerce registration (incl. membership fee for the first year)

Time frame for company registration: complete within 2-3 days of signing

Start-up + registered office package: EUR 1,590 (+VAT if applicable)

In addition to everything in the “start-up package”, you get the following:

  • registered office for one year (prestigious business address next to Parliament)
  • mail forwarding for one year: we collect your incoming mail and forward it to the address you indicate

Start-up + virtual office package: EUR 1,990 (+VAT if applicable)

In addition to everything in the “start-up + registered office package”, you get the following:

  • comprehensive mail forwarding and back office for one year: we collect your incoming mail, open it, then forward it to your accountant, or, if necessary, prepare a short summary for you in English, complete with instructions on what (if any) action you need to take

This package is ideal for foreign business-owners who need assistance interpreting and acting upon important Hungarian-language mails received from the authorities but wish to save the cost of hiring an assistant or secretary for this work. Click here for details of how our virtual office works!

Premium start-up + virtual office package: EUR 2,490 (+VAT if applicable)

In addition to everything in the start-up + virtual office package, you get the following:

  • web page set-up: we register a local .hu domain for one year and create a simple website for your Hungarian company, complete with a short introduction and contact data, company email addresses and your own logo.

Our special offer: sign up for accountancy for one year with Helpers, and receive a free upgrade to the next higher company formation package – a saving of EUR 400-500! Learn more about our accounting services here.

FAQs

If you order the accountancy service together with the registered seat and mail forwarding from Helpers Hungary, you can make sure that all the official enquiries will reach you and your accountant on time, and your company will never miss a deadline when it comes to administration.

The company will automatically receive an EU VAT number as well as a local tax number upon registration – no need for further paperwork! Every Hungarian company is automatically eligible, so there is no application process. You can start trading with your new VAT number as soon as the company is registered.

You can set up a subsidiary to any Hungarian or foreign company, in this case we will need:

  • a company registration document that contains the parent company’s name, seat address, registration number, and the director(s) name(s) – this document needs to be apostilled or authenticated by a Hungarian Consulate and translated into Hungarian (the latter we can arrange).
  • the details of the director of the parent company (date and place of birth, mother’s maiden name, address)
  • a POA from the director of the parent company (in case he/she is not going to be present in Budapest) – once we have all the details, we can draft this and send it to you – this document also needs to be Apostilled or authenticated by a Hungarian Consulate
  • a POA from the director (and any shareholder) of the Hungarian subsidiary – this document also needs to be Apostilled or authenticated by a Hungarian Consulate

You can set up the company via POA (Apostilled, or authenticated by a Hungarian Consulate) and we can arrange the company registration without your presence. However, the director of the company has to travel to Budapest at least for one day to open the bank account for the company. Alternatively, you can schedule a 3-4 business day long trip and complete the procedure during your stay.

One of the advantages of incorporating a company in Hungary is that there is no obligation to deposit the share capital in the bank, and 100% of this capital can be spent immediately after incorporation on company-related expenses. The amount of the share capital is HUF 3 000 000 (cca EUR 10,000). All related services (e.g. accounting services, registered office, or a resident permit application for the director) can be deducted from the share capital, so in case of a tax audit (which is common for foreign owned companies in the first few months) the authorities will not question the whereabouts of the funds. Alternatively, if the share capital is not spent by the time of the audit (on start-up expenses or other deductibles such as wages or office/material costs), you may have to present this amount in cash/on the bank account.

Yes. Helpers offers full-service assistance with setting up a business in Hungary. Hungarian company formation is one of the fastest in the European Union – from the signing of the registration documents, it takes no more than 24-48 hours. VAT registration is also immediate, so you can start working immediately, and take advantage of Hungary’s favorable 10% corporate tax.

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Clients are always pleasantly surprised how quick, easy and cost-effective company formation is in Hungary. Get started today!

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