Company formation in Hungary

Coordinate company documents, legal representation and accounting requirements around your intended Hungarian business.

Discuss my Hungarian Kft
Budapest and the Danube riverfront

Describe the activity and where decisions will be made. We can discuss the document work, local roles and support to include in the scope.

Discuss my Hungarian Kft

Registration needs local legal and accounting support

A Hungarian Kft goes through our local partner, and we quote the price on request. Hungary’s corporate income tax is 9% of the adjusted tax base, and local business tax is charged separately. Registration is electronic and goes through a legal representative, so documents and signatures are prepared for that route.

We work with a local partner here. The price is quoted on request.

We coordinate the formation of Hungarian limited liability companies, known as Kft. Local legal documents, accounting and official correspondence need to be arranged alongside registration.

Last checked: 6 November 2026, Aleksandar

Fit, documents and risks

Who it suits
  • Businesses with a commercial reason to use a Hungarian operating company.
  • Founders able to organise local legal and accounting support.
  • Owners comparing the full cost of a Kft with other European company options.
Documents to prepare
  • Passport and proof of address for members and managing directors.
  • Signed constitutional documents prepared by the legal representative.
  • Certified translations of foreign documents, where needed.
  • For a corporate member: registry documents and an ownership chart.
Common misconceptions
  • The 9% rate is the whole tax cost. Local business tax is separate, and dividends, payroll and VAT have their own rules.
  • Everything can be done remotely. The filing is electronic, but identity checks, signatures and the bank can create separate requirements.
Risks to plan for
  • Translation and certification delays for foreign documents.
  • Missing municipal business-tax returns.
  • A bank that requires attendance or extra documents.
Aerial view of New York City with its rivers and bridges

Setting up your Hungarian Kft

Outline the Hungarian business

Send the ownership, director details, proposed activity and management location. Include expected staff or premises so the formation discussion reflects your operating plans.

Confirm the filing requirements

Coordinate the company name, address, contributions and legal documentation. Establish which documents need certification or translation and how the authorised filing will be completed.

Prepare for regular operations

Organise the company records for banking and agree the accounting handover. Set responsibility for recurring filings, official correspondence and changes to company details.

High-rise towers above a marina in downtown Miami

Compare annual costs alongside tax rates

Our published Kft offer includes formation, apostilled corporate documents, registered office, mail forwarding, a dedicated landline, VAT-registration work and assistance with a Hungarian bank application. Confirm each item in the current proposal. Capital contributions and ongoing accounting should be shown separately from service fees, with bank approval remaining the institution’s decision.

Discuss my Hungarian Kft
Manhattan towers seen from below, framed by trees and clouds

Prepare for contracts and local administration

The activity, location and way the company is managed determine the registrations and professional support to review. For an overseas founder, document certification, translation and local accounting can be just as consequential as the incorporation filing. We help bring those questions together before you choose the setup.

Specify the activity and operating location

Describe the goods or services, customers, premises and people involved. A company selling professional services from abroad needs a different review from one employing staff in Hungary. Include any regulated activity so required permissions can be considered before the business begins operating.

Prepare documents for the legal filing

Hungarian company registration is an electronic process handled through a legal representative. Ownership documents, signatures and the constitutional documents must support that process. Corporate shareholders or foreign-language records can add certification and translation work, which should be confirmed in the proposal.

Give ongoing administration an owner

Decide who receives official communications and who sends invoices, bank records and contracts to the accountant. Ask the local professional to confirm accounting, tax and any employee-related requirements for the activity. A registered address helps the company receive notices; it does not perform those responsibilities by itself.

A 9% rate is not a total-cost estimate

A low headline profit-tax rate is not a total-cost estimate. For an owner working across borders, compare local administration and other taxes with the costs and obligations where the work is actually performed.

Aleksandar Dobromirov and a colleague reviewing work at his desk

The business behind the account

Your company
Owners
Residence and who makes decisions
Customers
Where payments come from
Suppliers
Where the company sends money
Activity
What customers actually buy

Together, these facts explain why the company needs this account.

Documents, visits and banking

What does a Kft cost with you?

A Hungarian Kft is available on request. Before we quote, we confirm the local partner, the procedure and the price for your case, and the written offer lists what is included and what is charged separately. If the choice needs analysis first, a 60-minute consultation costs EUR 100 and is credited to our formation fee if you order the formation within 60 days.

What tax does a Kft pay?

NAV states a 9% corporate income tax rate on the adjusted tax base. Local business tax is a separate municipal tax, so the total depends on the activity and the municipality.

What is a Kft?

It is a Hungarian limited liability company. The formation documents establish its ownership and management arrangements. Confirm the contribution requirements and the rights of each member for the specific structure you intend to use.

Can I complete every step without travelling?

The registry filing is electronic, but identity checks, signature arrangements and the chosen bank can create separate requirements. Confirm those dependencies for your case before making plans around a fully remote process.

Does registration include a Hungarian bank account?

A bank account is subject to the provider’s application and checks. Prepare the company documents, owner identification, source of funds and evidence of the actual business. Banking support is a separate service priced from EUR 300 to EUR 3,000, excluding bank deposits and the institution’s own fees. The bank decides on the account; our fee covers the agreed work.

How do I compare Hungary with another EU jurisdiction?

Compare where the business will operate, management needs, accounting costs and payment-provider eligibility. Have the full tax position assessed, including the owners’ countries, rather than choosing on one advertised rate.

How is the company taxed in my home country?

It depends on your tax residence, where you and any staff do the work, and the rules of your country, including any rules on foreign companies. Dividends paid from Hungary may be taxed both there and where you live, depending on the treaty. Ask a tax adviser in your country of residence before the company starts invoicing.

Compare your next options.

  1. Cyprus

    Plan incorporation around management, contracts, ownership and the administration needed to support your commercial purpose.

  2. United Kingdom

    Coordinate formation, the LLP agreement and recurring filings around the way your members will work and share profits.

  3. Banking preparation

    Review the activity, ownership and payment flows an institution will need to understand.

Sources and further reading

Check the original requirements for your case. Rules, fees and provider policies can change.

The Manhattan skyline and a bridge lit up across the river at night

Discuss your Hungarian company

The value of a Hungarian Kft depends on the business it supports and the administration you can maintain. Discuss the documents, local professional work and account requirements before committing. Your operating plan gives us the starting point for that conversation.

Discuss my Hungarian Kft