+36 1 200 3447

  clients(at)lawyershungary.com

+36 1 200 3447
clients(at)lawyershungary.com
Company Formation Hungary

CHECK COMPANY
NAME AVAILABILITY (Step 1)



Articles

Hungarian Shareholders

Updated on Thursday 24th November 2022

Rate this article
5 5 1
based on 1 reviews


Hungarian-Shareholders.jpgHungarian companies are regulated by the 2013 Act V, stated by the New Civil Code of Hungary; the shareholders’ rights and obligations are regulated by the above mentioned Act. In Hungary, only companies limited by shares can have shareholders and if you are interested in opening a business here, our Hungarian company formation specialists can provide you with an in-depth presentation on the legislation under which foreign or local companies can function. 
 

Company registration and minimum capital in Hungary

 
Foreign investors interested in opening a company in Hungary should know that, under the Hungarian legislation, only the following legal entities have limited liability:
 
company limited by shares – Részvénytársasá (RT), which can be private - Zártkörűen Működő Részvénytársaság (ZRT) or public - Nyilvánosan Működő Részvénytársaság (NYRT);
limited liability company - Korlátolt felelősségű társaság (KFT).
 
Shareholders are allowed only in the case of a company limited by shares, which can be a ZRT or NYRT. The incorporation of ZRT company requires a minimum share capital of HUF 5,000,000, while for the registration of a NYRT legal entity it is necessary a share capital of HUF 20,000,000
 
If you need accounting services for a Hungarian company limited by shares, you can rely on our accountants in Hungary. The accountants can prepare the company’s financial documents that must be submitted with the local institutions. 
 
They can also maintain daily accounting documents and can prepare any documentation concerning payroll, which must be maintained throughout the entire year, for each month of activity. 
 

Provisions regarding shareholders in Hungary  

 
The Hungarian legislation stipulates that a company incorporated as a limited liability company can have a minimum of one shareholder. Shareholders in a company have the same rights and obligations as long as they have the same proportion of shares of the company; those who have at least 5% of the voting rights in the company are allowed to call on a general meeting, if needed (this rule is applicable for both ZRT or NYRT legal entities). 
 
Shareholders have the following rights:
 
participate at the general meetings;
voting rights;
receive dividends;
ask for information related to the business.
 
Shareholders can take a legal action against the directorate of the company, as long as the shareholders have at least 5% of the voting rights in the company
 
Foreign investors interested in registering a company in Hungary may request further information on the shareholders’ statute from our Hungarian company formation consultants
 
 

Meet us in Budapest

Call us now at +36 1 200 3447 to set up an appointment with our lawyers in Budapest, Hungary. Alternatively you can incorporate your company without traveling to Hungary.


We offer:

- cost-efficiency: competitive company formation prices;

- prompt response to your inquiry (maxim 24 hours);

- free and complete legal information featured on our site, at your disposal.

Contact us

For Website Owners



Are you a website owner? We are open to different partnerships and collaborations.

Become our Partner!

 

Testimonials

mihai-cuc1.jpg

The experts at CompanyIncorporationHungary.com helped my clients open a company in Hungary in the shortest amount of time possible. I would definitely recommend them.
 
Mihai Cuc, Partner of MHC Law Firm
www.RomanianLawOffice.com