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. 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.
”For example, corporate income tax is only 9%.”
Wages are relatively low and Hungary may offer a well-trained workforce for enterprises.
The average gross salary is 292.900.- (ca. EUR 945.-; source.)
Please check Frequently Asked Questions about Company Establishment in Hungary.
Gurcan Partners is a corporate member of:
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).
Schedule a free initial consultation
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.
Company Setup in Hungary
All rights reserved. All rights of the Company Setup in Hungary article belongs to Gurcan Partners International Law Firm. The author has no responsibility for the information in this article. This article is prepared just to inform.
Gurcan Partners Hungary
ADDRESS
TELEPHONE
09.00-17.00 (Weekdays)
Budapest Office: +36 1 808 94 49 (English)
Check out Gurcan Journal for more articles
13 languages/ 10 countries
As Gurcan Partners International Law Firm, we provide services with our office in five EU and five non-EU countries. Please find our articles below.
- Company Taxation in Hungary I ” KATA ” Start-up Friendly Taxation
- Taxation in Hungary I Taxes – Social Security
- Company Registration in Hungary I Step by Step
- Buying Property in Hungary
- Starting a Business in Hungary
- Real Estate Investment in Hungary
- Company Registration in Germany
- Company Registration in the Czech Republic
Gurcan Consultancy provides accounting and virtual office services with its professional, experienced team.
Recent Posts
Please contact us.
We will get back to you within 24 hours.
