Unlock Your Gateway to Europe
Residency in Hungary Through Company Formation
Establish your business in Hungary and gain access to the European market with optimized tax benefits.
Requirements
Time & Prices
Process Steps
How we can help you
About Our Service
By establishing a company in Hungary, business owners become eligible for a residence permit, allowing access to European Union markets and the ability to take advantage of tax benefits.
Each founder can apply for the permit if they meet the legal requirements, with a minimum investment of 3 million HUF.
The permit is initially valid for one year, renewable for an additional two years, and after one year of holding the self-employed residence permit, it can also be extended to the applicant’s family members, including the spouse, children under 18, and parents.
Our Residency in Hungary through the favourableCompany Formation service is designed for entrepreneurs and investors looking to expand their business into the European market. By establishing a company in Hungary, you can benefit from favorable tax conditions, a strategic location, and access to the entire EU market. This service not only facilitates your business operations but also provides a pathway to residency, making it an ideal solution for those seeking to optimize their global presence.
Key Benefits
Visa-Free Travel within Schengen Countries
The residence permit grants free movement within the Schengen zone, for up to 90 days per 180-day period.
Relocation to the European Union
Permit holders have the right to reside in Hungary for the duration of the permit’s validity.
Access to European Markets and Banks
Hungary’s central location provides excellent opportunities for business expansion within the EU.
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Ready to Invest in Your Future?
At EuTrustZone Group in Hungary, we understand that every journey is unique. That’s why we take the time to thoroughly understand your specific situation and goals. With over 20 years of professional experience, we craft personalized strategies that not only highlight the benefits of your chosen path but also transparently discuss any potential drawbacks, ensuring you make informed decisions. We believe in a holistic approach, guiding you through complex processes and reinforcing our commitment to your success at every step.
Why is it Beneficial to
Purchase an Existing Company
While buying an existing company can be somewhat risky, it offers several advantages that make it worth considering alongside starting a new business. One such benefit is that a company with years of operation can more easily secure larger loans from banks compared to a newly established entity. Another advantage is that certain grants or tenders may require the company to have been in operation for several years or to have references from other businesses—something that could take years for a new company to acquire.
Additionally, purchasing a company with an established client base and a good business reputation allows for more reliable revenue and expense forecasting, making business operations more predictable.
Both starting a new company and purchasing an existing, well-established one have their own pros and cons, which should be carefully considered before deciding to become a business owner.
Rules Regarding the Company Gateway Service
As of January 1, 2018, business entities must use the Company Gateway (“Cégkapu”) and can only communicate with authorities electronically during specific procedures.
The Company Gateway allows business entities to maintain electronic communication with official bodies and organizations that provide electronic administration services, enabling them to send and receive documents without needing in-person interactions. Only files generated using the “General Form-Filling Framework Program” can be uploaded to the Company Gateway. Various documents may be received from the Official Gateway of other institutions and authorities.
The system sends confirmations for messages sent and received through the Company
Gateway. If the recipient does not accept the delivery within the specified timeframe and does not refuse receipt, a second notification will be sent on the first working day after five days have passed.
Company Formation in Hungary, Legal Forms of Business, Minimum Capital, and Contributions
The Hungarian rule defines four types of corporate forms that serve as a basis for investors conducting business in Hungary. Additionally, there are two more options available for investors to establish their presence in Hungary. All corporate forms can be established and operated by foreign owners and management.
The following corporate forms are available:
- Limited Liability Company (Kft.)
- Private and Public Limited Companies (Zrt., Nyrt.)
- Limited Partnership (Bt.)
- General Partnership (Kkt.)
Further options include commercial representation and branch offices.