Frequently Asked Questions
Frequently Asked Questions
FAQ – Frequently Asked Questions
What type of company can I establish in Hungary?
The most popular option is the Limited Liability Company (Kft.) as it has low capital requirements and offers flexible operations. This is the ideal choice for foreign investors.
Do I need to travel to Hungary to establish my company?
No, you do not need to travel to Hungary. The entire company formation process is completed online, including document signing and submission.
What is a registered office service, and why is it necessary?
A registered office service provides the official business address for your company in Hungary. If you don’t have your own physical address, a registered office provider will offer this service, ensuring legal compliance.
How do you assist with opening a bank account?
We help you by connecting you with banking officers, ensuring the smooth setup of your corporate bank account and compliance with Hungarian banking regulations.
What happens if I fail to meet my tax obligations?
The managing director is responsible for adhering to tax laws. Failure to comply can result in fines or even the liquidation of the company. We assist in ensuring that all tax obligations are met in a timely manner.