This video presents the main steps on how to incorporate a Hungarian limited company. If you are interested in knowing more details about the process, please read the next article: companyincorpo....
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Incorporate a Hungarian Limited Company
A presentation brought to you by CompanyIncorporationHungary.com
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3 Types of Limited Companies
Investors have the possibility of setting up 3 types of limited companies (2 - private, one - public).
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Public Company
The public company is known as the public company limited by shares (Nyrt.) and it is suitable for large entities.
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Private Companies
For private companies, investors can set up a limited liability company (Kft.) or a private company limited by shares (Zrt.).
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The most common way to start a business is by registering a limited liability company (kft.).
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Shareholders
The company can be incorporated by just 1 shareholder.
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Directors
The company can have only 1 director, who does not have to be a Hungarian resident.
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Legislation
The registration of any private company available in Hungary is done following the rules of the Hungarian Company Law.
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Incorporation Papers
A limited company gains legal personality through the articles of association.
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Taxes
Limited companies are required to pay the corporate tax, the VAT, social contributions and others.
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Thank You for Your Attention!
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clients@lawyershungary.com
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