Medium business setup in Hungary
Hungary, situated in Eastern Europe, has become an attractive destination for entrepreneurs seeking to start or grow their businesses. The country offers a favorable business climate, a skilled workforce, and opportunities for international companies in the manufacturing and technology sectors.
Formalities and procedures for medium business setup
Starting a medium corporate business involves going through different legalities and processes. Our goal is to make this easier for you by providing customized solutions for each stage, allowing you to concentrate on your main business operations. Here is a summary of the essential criteria and our offerings for establishing a medium corporate entity in Hungary:
Company name reservation
Select an engaging and unique name for your company. We can help you with a comprehensive name search and reservation process to make sure your business stands out and meets all legal standards.
Legal entity selection
Selecting the appropriate legal structure is essential for your medium-sized business. We provide expert guidance on Joint Enterprise (KV), Limited Liability Company (KFT), Limited Partnership (BT), Company limited by shares (RT), Branch Office, Holding Company to help you make an informed decision according to your specific requirements and future objectives.
Get the necessary paperwork ready
Our knowledgeable team helps you create thorough and precise paperwork, customized to your company’s structure and goals. We guarantee adherence to all legal obligations and take care of the filing process for you.
Bank account opening
To establish a company in Hungary, it is important to meet certain financial obligations. We will help you with this process, ensuring that you comply with the regulations and also assist you in setting up a bank account with a well-known financial institution in Hungary.
Company registration
We alleviate the administrative load by managing the registration process with the necessary authorities, including the Hungary Trade and Companies Register and tax authorities. This guarantees that your business is legally acknowledged and compliant right from the start.
Medium business examples
Medium-sized companies are present in a variety of industries and sectors, each with their own specific needs. Below are some examples of medium-sized companies and the legal structures that are typically suitable for them, along with our tailored solutions.
- Consulting: Mid-sized consulting firms with a regional or focused national presence
- Distribution: Regional distributors, wholesalers
- Electronics retail: Regional chains or e-commerce focused stores
- Finance: Regional banks or financial institutions
- Healthcare: Specialist clinics, mid-sized medical practices
- Information technology: IT consultancies with a specific focus, software development firms
- Logistics: Companies with moderate fleets and regional hubs
- Manufacturing: Smaller-scale factories with specialized production
- Publishing: Mid-sized publishing houses, specialized presses
Benefits of establishing a medium business
There are many benefits to starting a medium-sized business in Hungary, which make the country an attractive corporate location. Our services are designed to help you succeed and progress, and we are committed to helping you make the most of these benefits.
Our solutions: business formation made easy
We recognize the importance of your time and resources, which is why we provide two convenient options to simplify the process of forming a corporation.
Business formation online
With Hungary’s online platform, you can start and oversee the entire process of forming a company. From reserving a name to preparing and submitting documents, our digital tools offer a smooth experience, helping you save time and energy.
Business formation remotely
Engage professionals to oversee every step of the company formation process from a distance, including tasks like post-registration responsibilities, document drafting, and registration.
Contact us today
Embark on your business journey in Hungary with our comprehensive assistance packages. We assure a smooth and efficient start for your medium-sized business by providing expert guidance and assistance throughout the entire process of forming your business. Contact us today to discuss your specific needs and discover how we can help you achieve your business goals in Hungary.