Company Formation

Trademark law modified in Hungary as of January 2023

Hungarian trademark law has just been updated to better harmonize with EU regulations and other relevant Hungarian law. This means several small changes to the existing law, mostly with practical considerations, making the trademark registration process smoother than before.

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Are you an online retailer with customers in the EU?

Set up an EU company that can handle VAT registration and payment for you through the IOSS. Save on your costs and offer better prices as well as better experience to your customers.

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Company modification in Hungary

Are you running a Hungarian company? Then you must make sure that its data are always up to date in public databases. Depending on which data you are changing, update can be done simply by your accountant or with the help of a lawyer through “company modification”.

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KATA changes introduced in the middle of the year

On 12 July 2022, just one day after its proposal, the Hungarian Parliament has accepted the new KATA law that will affect more than 430,000 taxpayers in Hungary, most of who will no longer be eligible for this tax regime starting from 1 September.

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Who can set up a company in Hungary?

Hungarian company formation is allowed for any legal person who is not specifically forbidden from doing so. But how does that work in practice? Anyone can set up a company in Hungary In Hungary, the most popular form of business is the LLC. Any legal person can set up a company who is not expressly …

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Hungary vetoes EU global minimum tax proposal

After the October announcement of joining the global minimum tax convention, Hungary has just vetoed the EU proposal on implementation, while the Hungarian Parliament has also passed a bill on not supporting the scheme for the time being.

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Types of company liquidation in Hungary

Sooner or later, the life cycle of every company comes to an end. It may happen for several reasons: the owner might just want to move on to other, more profitable ventures, or even to retirement, or a market change might be causing the business to become less profitable or downright generate losses. In either …

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Company modification in Hungary

In Hungary, data of any company are registered with the Company Registry, and it is the owner’s or the executive’s responsibility to keep those data up to date. Some changes can be simply reported, but changes to core data require a more complex procedure called company modification. Learn what these are, and how to handle …

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Can I set up an offshore company in Hungary?

Whether you can set up an offshore company in Hungary depends on what you mean by an offshore company. Discover the most widespread definitions, and learn if Hungary is a good match for you.

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