Capital

Company ownership in Hungary – Obligatory share capital increase

Owning a Hungarian company has its perks. Still, you should always make sure you comply with local regulations, even when they change – like the share capital requirement from March 15 2016.

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MINIMUM CAPITAL TO INCREASE IN HUNGARY – HOW WILL IT AFFECT YOU?

Until March 15th, 2014 the minimum capital is HUF 500 000 (cca EUR 1,700), while after this date it will be increased to HUF 3 000 000 (cca EUR 10,000). However, this change will be a formality for most business owners because the capital will still not need to be deposited.

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