Hungary company register

Free company search, copy of register download. We provide an immediate and direct access to company documents for all Hungarian companies stored in the database of the Ministry of Justice and Law Enforcement. What does the Hungarian business register offer? The business register contains data on registered companies and corporate documents, which serve as the basis for registration.

The data in the business register (on the companies registered therein) is managed by the courts in their capacity as courts of registration.

Company information and. Disadvantages of Hungary company registration. Registering the company at the Hungarian Court of Registry and obtaining a tax identification number.

The company is established by the act of the court of registration. All companies and sole trader businesses must register at the competent court of registration for the company ’s registered office. In the field above, please enter the company registry number of the company searched for.

There search will yield only one search result. The search will be displayed only after entering the security code.

Private limited-liability company registration in Hungary (Kft) Private limited-liability companies are business associations founded with an initial capital (subscribed capital) consisting of capital contributions of a pre-determined amount. The liability of members (can be also single member company ) to the company extends only to the. For a worldwide registry of most companies engaged in any type of financial transaction (stocks, bonds, derivatives, foreign exchange, etc.) see Legal Entity Identifier.

A company register is a register of organizations in the jurisdiction they operate under. The primary step for company registration in Hungary is choosing an unique name that is not similar to the companies registered already in the Hungarian market or deceptive in meaning. The name of the company should mandatorily end with the title of KFT or Korlátolt Felelősségű Társaság and it should be approved by the Registry.

Registering a company in Hungary can not only benefit investor with low tax, but also from geographic location, well-qualified workforce and free flow of capital and labor. Within the EU area, Hungary is the country with the lowest tax rates. Forming a new company is a faster process in Hungary recently, because the company court decision is much faster in case of a new company formation.

That’s why we recommend our clients to buy a new company instead of ready made one. The EU VAT number issuing is immediate and guaranteed in Hungary upon formation, thereby a new formation is a. When it’s time for company registration , in Hungary you will have to pay 100HUF to register a private JSC and 600to register a public one. Branch Office Every foreign company can open a branch office (Fa) in Hungary. The Limited Liability company (KFT) is an ideal company form if the number of members is low.

It is very similar to the German Gmbh. Many foreign investments have been channeled through this type of company. A representative office is easy to administer and the closure doesn’t require deregistration.

Non-residents who want to start a company in Hungary can operate a business in this jurisdiction through a branch registered with the Court of Registration. The necessity of a business license is applied in this case as well. If a company not established in Hungary is providing ‘taxable supplies’ of goods or services in Hungary , it may have to obtain a non-resident VAT registration.

In accordance with the EU VAT Directive, foreign traders are legally obligated to register for VAT in certain circumstances in order to report taxable transactions and declare VAT that must be charged.