Company Formation

Forwarding representative and seat provider in Hungary: What’s the difference?

The registered seat service is relevant for companies. It is most like a rental service, where a provider offers your Hungarian company an address it can use as its own. The forwarding representative is relevant for the persons owning and operating the company.

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Company formation in Central Europe

Check out our new website that offers company formation in Central Europe, compare the most important factors, and make an informed decision that will suit your business the most.

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How to choose a company name in Hungary

hen you set up a company in Hungary, it will need a name that distinguishes it from other ventures. Learn what the compulsory elements of a company name in Hungary are, and choose the perfect name.

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Hungarian SMEs will not be affected by the global minimum tax

The OECD is introducing a global minimum tax at 15% starting from 2023. The tax will only affect companies with a global revenue above EUR 750 million.

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Client Gate and Company Gate: the customer portals for e-administration

In the 21st century, you rightly expect administration to be available online as well as in person. And it is! Hungary has customer portals operated by the government that give you access to electronic administration – both as an individual and as the manager of a Hungarian company. Learn about them with us. Electronic administration …

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Your Hungarian company’s activity and your NACE code

When registering your Hungarian company, you should also indicate its main activity. You do not simply state what you are planning to do: there is an official list, accepted by all EU countries, and you select the item that suits your planned activity the most. Each activity has a numeric ID, which is called their …

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Foreign business in Hungary in 2021

Hungary is the ideal place if you want to set up your business in the EU. Advanced infrastructure, central location, and favorable taxation options make Hungary a friendly business environment, and many foreigners move here with their family so they can build a new life in the EU. Foreigners in Hungary Currently, more than 350,000 …

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Why choose a virtual office as your seat address?

Using a virtual office as your seat address can save your Hungarian company a lot of time, effort, and money. You can have competent assistance from Day 1 of your operation for the fraction of the cost of an employee, and you can rest assured your official mail will always find you. What exactly is …

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BKIK membership as opposed to yearly contributions

All companies registered in Budapest have obligations towards BKIK, the Budapest Chamber of Commerce: every year, they must provide the Chamber of Commerce with information about their activity and pay a small contribution. However, joining BKIK is optional, meaning that the yearly contribution is not a membership fee. So what is the difference between the …

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