Business Set-Up in Hungary

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Very professional service from start to finish. We found the advice and approach extremely useful and highly professional. Thank you!

Rachel
19 Dec 2024

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Service Details

Business Set-Up

This service is available across Hungary

Who would find this Service useful?

This service is for global entrepreneurs, innovative startups, and established corporations aiming to penetrate or broaden their reach in the Hungarian marketplace.
Ideal for those attracted to Hungary's strategic position within Europe, advantageous corporate tax environment, and its emerging status as a business nucleus.

Process: Our Approach

Strategy Consultation: Initial deep dive into aligning your business vision with Hungary's economic landscape.
Business Entity Selection: Consulting on the optimal corporate structure (Kft., Zrt., Nyrt.) to suit your operational intent and scale.
Compliance: Detailed insights into Hungarian regulatory demands, ensuring all licensing and sector-specific needs are met.
Financial Setup: Support in establishing a Hungarian banking relationship, crucial for fiscal transactions and company registrations.
Location Scouting: Assistance in securing the perfect commercial space, from negotiating terms to utility setups.
Legal Formalities: Streamlined handling of all bureaucratic processes with the Hungarian Court of Registration, including meticulous preparation and lodgment of necessary paperwork.
Tax Compliance Setup: Organization of VAT and other tax registrations, liaising with the Hungarian Tax Authority to ensure full fiscal compliance.
Workforce Management: Expert guidance on employment contracts, payroll structuring, and adherence to Hungarian employment regulations.
Compliance Verification: Rigorous final review to guarantee full adherence to all Hungarian business regulations before commencing operations.

Benefits - Why Choose Our Service

In-depth Local Know-How: Expert navigation through Hungary’s complex business environment.
Bespoke Strategic Planning: Personalized service configurations to match your precise business needs.
Multilingual Support: Our lawyers all speak English fluently
Optimized Setup Efficiency: Expedited processes to accelerate your business launch.

Key Components of this Service

Tailored Market Entry Strategy
Robust Compliance with Hungarian Legislation, including the Hungarian Civil Code (Act V of 2013)
Complete Setup and Ongoing Support

Free Support Services Included

When combined with the free and innovative Advocate Abroad support services you can be sure that you are obtaining completely transparent legal services from registered and regulated English-speaking lawyers abroad.These support services include: