Open an IT Company in Hungary

Updated on Monday 20th June 2016

Rate this article
5 5 1
based on 0 reviews


Open-an-IT-Company-in-Hungary.jpegHungarian business environment is recommended for the incorporation of a company with business activities in the field of information technology (IT), as this market is one of the most representatives in the Central Europe. Foreign investors should also know that Hungary is a member state of the European Union (EU) and, as such, the legislation applicable to companies here is following EU’s directives. 
 
An IT company in Hungary is incorporated following specific steps, which are compulsory for all types of business registered here. However, it is important to know that this type of business may need to obtain special permits and licenses issued for the IT field; our team of Hungarian company incorporation representatives can provide assistance on this matter. 
 

Open a company in Hungary 

 
It is crucial to choose a legal entity which will best represent the interests of the investors. There are several legal entities which are available for foreign investors and it is important to know that the local legislation prescribes only few restrictions to foreigners performing business activities on the Hungarian market
 
Investors can choose from the following: 
 
general partnership; 
limited partnership;
joint stock company. 
 
After the investor decided what legal entity is better suited for his or her activities, it is necessary to draft the statutory documents of the future company. After this procedure is completed, the next step is to open a corporate bank account, in which the minimum share capital will be deposited, in accordance with the provisions stipulated in the statutory documents; our team of Hungarian company formation consultants can provide more details on the provisions of the documents. 
 

IT industry in Hungary 

 
When investing in Hungary, investors should know that the local economy is a part of the EU’s Digital Single Market, a project which aims at the development of the local economy through the use of digital services and products
 
The local market is very interested in the IT services and products, as more than 95% of the Hungarian households benefit from fixed broadband services.  
 
Investors interested in receiving more details on the processes involved when opening an IT company in Hungary can address to our team of Hungarian company incorporation agents for assistance. 
 

Comments

  • Chriss 2016-06-21

    I know that the Hungarian market is rather developed in this field and that there are several bussines opportunities available here, especially because the IT consumer market is very developed.

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Meet us in Budapest

Call us now at +44 203 287 0408 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.

Testimonials

Mihai-Cuc.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 to any businessman interested in establishing a company in this country.

Mihai Cuc, Partner of
Enescu & Cuc Law Firm
www.RomanianLawOffice.com

Read more testimonials

We Recommend ClientPedia

This website is marketed by ClientPedia

banner Clientpedia.jpg

We accept online payments

paypal-logo.png