Business setup in Hungary
Entrepreneurs looking to establish a strategic presence in Eastern Europe find Hungary to be an attractive option. With its advantageous location and positive economic conditions, Hungary presents numerous business opportunities for enterprises of all sizes. This Eastern European country has a lot to offer to those interested in starting a small, medium, or large-scale business.
Benefits of business setup in Hungary
Hungary offers numerous appealing benefits that set it apart from other countries in Eastern Europe when it comes to choosing a location for corporate operations. Some of the key advantages include:
Business landscape
Hungary's skilled workforce and opportunities in manufacturing and technology make it an attractive location for international companies. Its strategic location in Central Europe, competitive costs, and government incentives for foreign investment provide numerous advantages for businesses seeking to expand in the region.
Taxes
Hungary has a corporate income tax rate of 9% for companies with annual revenue below a certain threshold and 15% for others. The country provides different incentives, such as deductions for research and development. Hungary is a member of the European Union.
Banking
The banking sector in Hungary provides a stable environment and a range of financial services, opening up possibilities for investment and banking operations in a central European setting.
Our business setup solutions
We offer a wide variety of services to help you establish your business in Hungary.
Bookkeeping
Our accounting services are reliable and transparent, tailored to meet your specific needs, including daily transaction logging and financial statement creation.
Bank account opening
Our team guides you through the criteria and helps you choose a banking partner that aligns with the objectives for your company.
Taxation and compliance
The tax specialists possess extensive understanding of tax regulations and are able to offer strategic tax planning and compliance services. We guarantee that your company fulfills its tax duties while maximizing your tax position to reduce liabilities.
Document drafting
We provide extensive assistance to fulfill your legal needs, ranging from creating legal documents like articles of association and shareholder agreements to registering your corporate address.
Company registration
Our team of professionals will assist you in the process of registering your company in Hungary. We will take care of all the required paperwork and communicate with the appropriate authorities to guarantee a seamless and efficient registration process. Whether you are launching a new business or expanding an existing one, we offer tailored support to simplify the registration process and ensure your company is operational in no time. From selecting the appropriate business structure to acquiring essential licenses and permits, we are dedicated to guiding you through the intricacies of company registration smoothly.
Business license applications
We are able to manage the entire process for you, making sure to obtain all required permits and licenses promptly and in accordance with local rules and regulations.
Business opportunities in Hungary
Hungary provides a diverse range of business possibilities in different sectors. Some of the major industries that are successful in the country are:
Automotive
Hungary plays a significant role in the automotive sector, boasting a robust manufacturing foundation and talented labor force. The automotive industry in Hungary is responsible for manufacturing cars, components, and machinery for top global companies, making a substantial impact on the country's economy.
Manufacturing
Hungary's manufacturing sector is varied, excelling in electronics, machinery, and pharmaceuticals. The country's favorable location, skilled workforce, and business-friendly atmosphere make it an attractive destination for foreign investment in manufacturing and production.
Information technology
Hungary's technology industry is expanding quickly thanks to innovation, skilled workers, and backing from the government. The nation provides a favorable setting for software creation, IT support, and new tech companies, particularly in fields like cybersecurity and digital innovations.
Tourism and travel
Tourists from all over the world are drawn to Hungary because of its rich history, cultural heritage, and thermal baths. The tourism industry in the country provides opportunities for hospitality, sightseeing, and recreational activities, which in turn help boost its economic growth.
Setting up a new business
Establishing a new business in a foreign market such as Hungary can be both thrilling and overwhelming. Nevertheless, with proper assistance and backing, the process of setting up a new business can be made easier.
We are aware of the difficulties that arise when beginning a new business, and we are here to support you throughout the process. Whether you have experience as an entrepreneur or are just starting out, our team of professionals is committed to offering customized solutions to fulfill your individual requirements.
Establishing a small business
Our dedicated team of experts is available to assist you with various legal and administrative tasks, including compliance, tax obligations, and company incorporation. We understand the specific challenges faced by small businesses and can provide tailor-made solutions to help you establish a solid foundation for future growth.
Medium-sized business setup
We offer a range of services including setting up a company, handling finances, and providing tax advice to meet local requirements. Our assistance allows you to simplify your processes and concentrate on business expansion, leaving the administrative tasks to us.
Large business setup
The team of experts offers comprehensive assistance, ranging from setting up a business and registering a legal address to creating a tax strategy and setting up corporate banking. We are aware of the specific requirements of big businesses and can provide customized solutions to help you establish and expand in the market.
Contact us
We provide the assistance and guidance needed to effectively deal with the obstacles of launching and growing your business in Hungary through our comprehensive corporate setup services. Contact us now to schedule a consultation and learn more about how we can assist you in achieving your business goals.
Ready for the next step
Accelerate your business growth while we take care of everything else.