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The business environment in Hungary is currently not only attractive due to advantageous tax rates but also a fast and not demanding foundation procedure. In order to establish a limited liability company (Kft.) in Hungary, it is enough to choose the scope of business activity, business name and registered office of your company. You will neither need a criminal records extract nor undergo a lengthy procedure of VAT registration. On the other hand, it is necessary to draft the whole matter under a supervision of a lawyer. The business environment in Hungary offers a reduced tax rate of 10% up to the turnover of HUF 500,000,000 (approximately EUR 1,600,000). VAT registration is ideally prepared within 24 hours. Foundation of a limited liability company (Kft.) in Hungary also offers advantages in the sphere of contribution burden. Address questions on how to establish a limited liability company to FONTIONNEL company.
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