Hungary combines a central EU location with one of the lowest standard tax rates in Europe. A Kft. can be suitable for trade, services, manufacturing, IT, e-commerce and business with counterparties in the European Union.

For company registration in Hungary, we need information from you on who will be the director and shareholder, whether a nominee director or a second director is needed, and whether the capital should be standard or another amount; the VAT position is defined separately, and the registered address of the company in Hungary can be provided by us. We can also help you quickly open an account online with a European bank or, as an alternative, offer a European payment system / EMI for EUR and HUF payments.


Official name:Hungary
Area:93,030 sq. km.
Population:current figures are published by official statistics
Capital:Budapest
Official language:Hungarian
Currency:Hungarian forint (HUF)
Religion:Catholicism


Hungary lies in the Carpathian Basin in Central Europe. Lake Balaton, the largest lake in Central Europe, is an important tourism and resort area. The country is also known for thermal and mineral springs, the Great Hungarian Plain and the Visegrád Hills, with historic towns such as Esztergom and Visegrád.

Advantages of a company in Hungary:
  • The standard corporate tax rate for companies in Hungary is 9%, as confirmed by NAV.
  • Hungary does not have the reputation of an offshore jurisdiction.
  • There are no general foreign-exchange controls of the type associated with offshore jurisdictions.
  • Hungary has a broad network of double taxation treaties. The applicable treaty and rate for a specific payment should be checked by the recipient’s country.
Features of operating a company in Hungary:
  • Accounting records and annual financial reporting are required.
  • Information on company members and directors is not confidential. The source text discusses nominee arrangements as a method historically used to increase privacy.
Company legislation current Hungarian legislation on corporate income tax and dividends.
Company type For international business, a Kft. (limited liability company) is commonly used. Zrt. and other current forms are available for projects requiring a share-company structure.
Permitted activities Any activity not prohibited by law. Banking, investment, insurance and trust activities require special licences and permits.
Restricted activities A company may carry out any activity permitted by law in Hungary and abroad. Banking, investment, insurance and other regulated activities require the relevant licence.
Taxation The standard corporate income tax rate is 9%. Local business tax, VAT and payroll taxes must also be considered where applicable.
Foreign exchange controls Company payments and foreign-currency transactions are carried out under current Hungarian and EU rules. Contract and bank-account currencies can be planned around the company’s actual international business.
Double taxation treaties Hungary’s DTT network covers many European and international jurisdictions. For dividends, interest and royalties, only the treaty currently in force with the recipient’s country should be used.
Time and conditions for registering a new company 3 weeks
Company name requirements The name must not be identical or confusingly similar to an existing registered name. Special permission may be required to use protected geographic or historic terms such as Budapest, Buda or Duna.
Share capital The minimum registered capital of a Kft. is HUF 3,000,000. The contribution procedure is determined by the constitutional documents and the law.
Shares Shares in the joint-stock sense are not issued by a Kft. Each member’s quota is recorded in the constitutional documents.
Members A Kft. may have one or more members. The ownership structure is recorded in the constitutional documents and corporate register under the current rules.
Directors
- number
- requirements
- powers 		A Kft. is managed by one or more managing directors within the powers defined by law and the constitutional documents.
Meeting requirements
- directors
- shareholders 		Annual meetings are required. There is no specific requirement for the meeting location.
Registered office
Office requirements		 Required.
In Hungary.
Secretary
- number
- requirements
- powers 		No specific requirements.
Registered agent
- number
- powers 		No separate requirement is stated here. The lawyer who countersigns the constitutional documents acts in the registration process.
Requirement
- accounting records
- annual return
- audit 		The company keeps accounting records and files annual financial and tax reports. A statutory audit applies when the legal thresholds are met.
Confidential information Information on the company’s banking transactions.
Information available to third parties Information on members and directors, the registered address and the Articles or Memorandum.

What changed in 2026 for company registration in Hungary

In 2026, Hungary can be attractive for trade, manufacturing, IT, logistics and other projects in Central Europe. The standard corporate tax rate is 9%, while overall taxes and reporting also include local taxes, VAT and staff costs where applicable.

For eligible smaller companies, the KIVA regime has broader parameters in 2026. Before registering a Kft., it can therefore be useful to compare standard corporate tax with any available special regime using the actual figures of your business.

What activities is a company in Hungary suitable for

A ready-made company registered in Hungary or Hungary Kft registration under your own name is suitable for: EU trade and services, manufacturing, IT, logistics and holding structures.

Company registration: Hungary Kft and opening a bank account

First, we decide who will be the owner and director, the activities and company address, then prepare the documents for Hungary Kft registration. After company registration, we organise annual administration and accounting. To open a bank account or an account with a European payment system / EMI, we support preparation of contracts, service descriptions and information about expected payment countries.

A bank account for a company in Hungary can be opened with a bank in a suitable jurisdiction, while an IBAN EUR/SEPA account can be opened with a European payment system / EMI. The application can be prepared remotely; when opening the account, we will propose bank account options for planned payments and turnover.

Key information about Hungary Kft

  • Company form:Kft., Zrt. and other Hungarian company forms
  • Taxes:a Hungarian company is registered for tax with NAV; the financial model also takes local corporate and municipal taxes into account
  • Bank account:Hungarian bank for HUF/EUR; an EMI can be an additional option for SEPA.
  • Cost:Basic company registration price includes the Kft., address, accounting, VAT/payroll where required and banking support.
Additional information about a company in Hungary 2026

Where to start to open a new company in Hungary

Hungary can suit a business that needs access to the EU market and a competitive corporate tax rate. TAXC can calculate the Kft., accounting and VAT/payroll costs and open a bank account for planned payments and turnover.

Get a free consultation and commercial proposal for a company in Hungary

Choose a jurisdiction for company registration

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