Jurisdiction overview: Hungary
Hungary is one of the most tax-efficient jurisdictions in the European Union, offering fast incorporation, full foreign ownership, and a transparent business environment. Company registration in Hungary is ideal for international trade, IT, consulting, e-commerce, and EU market entry.
The most commonly used structure is the Kft (Korlátolt Felelősségű Társaság) – a private limited liability company. It can be formed by a single shareholder and director, who may be non-residents. The minimum share capital is HUF 3 million (approx. €7,500), which does not need to be paid immediately. The entire process usually takes 3–5 business days and can be handled remotely via power of attorney.
Hungary offers the lowest corporate tax rate in the EU – just 9%, with a flat local business tax of up to 2%. Companies can obtain a VAT number, open EU-based bank accounts, and benefit from Hungary’s full participation in the European single market.
Hungary is also part of over 80 double tax treaties, ensuring legal tax optimization and smoother cross-border operations. The jurisdiction is suitable for businesses seeking low-cost access to the EU, particularly in logistics, manufacturing, software development, and financial services.
With reliable regulation, low operational expenses, and tax transparency, Hungary is a strong choice for companies that value efficiency and scalability within Europe.