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Company Setup In Hungary, 5 Good Reasons To Start

In this article, we will mention why you should Start Your Business in Hungary and Company Setup in Hungary with the advantages and opportunities.

In the following article, we try to collect all the main advantages of registering a company in Hungary.

1. Contents

   • 1 Gate To The EU
   • 2 A Stable Economy, Good Infrastructure
   • 3 Low Taxes And Wages
   • 4 Low Costs Of Company Registration And Upkeep
   • 5 Friendly Culture

   Gate To The EU

Hungary has been a member state of the European Union since 2004. Our country is also part of the Schengen zone. Hungarian residence permits are valid for other EU countries as well.

Companies may register an EU VAT number with all the advantages that.

2. A Stable Economy, Good Infrastructure

Hungary has a developing economy and infrastructure. Modern and cheap industrial parks are available with good road connections.
Internet and mobile phone accesses are available countrywide.
Most government services are accessible electronically or may be done via authorization (power of attorney).

3. Low Taxes And Wages

Taxes in Hungary are one of the lowest among the countries of the European Union.

Please check our article regarding Taxation in Hungary.

4. Low Costs Of Company Registration And Upkeep

Company registration and upkeep fees are very low in Hungary. You can start your business for a low price.

Check out our article on Company Registration in Hungary I Step by Step.

For example, we offer complete packages for our clients where you get a ready-made, ready-to-use, fully registered Hungarian enterprise.

Company registration and bank account opening may be done personally or via power of attorney (notarized authorization).

5. Friendly Culture

If you consider starting a stable enterprise, Hungary and Budapest offer a safe place for doing business.

People accept multiple cultures. Every year especially in Budapest many investors and tourists from all over the world.

All in all, if you are about to start or move your business to a low-tax but legally and politically safe area within the EU, It is a wise choice to start your business in Hungary.

During the process, our international team is ready to help you. You can check our professional team from here.