Hungary Offshore Company Formation

Details of a Private company limited by shares (Zrt.) in Hungary:

• No Minimum paid-up Share Capital Requirement – The Minimum Capital itself is HUF 3 million.
• For foreign officers to incorporate remotely – a Power of Attorney is required to be signed, notarised and legalised in the country of residence.
• Accounts are required to be maintained and filed – Please note that monthly returns are required to be filed with the authorities. Following formation we will be in touch to discuss the accounting requirements and costs.

Requirements to Form an Offshore Company in Hungary

In order to incorporate your Hungarian Company, these are the steps that must be followed;

• Place your order – You need to use a Company Formation Agent to submit the necessary documentation to the Registry on your behalf. Payment needs to be made to the Registry on submission of the registration documents so our fee must be paid when the order is placed.
• Meet the Anti Money Laundering Requirements – In order to meet Anti Money Laundering Requirements we need to obtain a certified copy of the passport and current utility bill of each of the owners and shareholders. This is required even if you are using our Nominee Service.
• Documents are issued to you – Once the Registry has incorporated the company, we will issue you with the Certificate of Incorporation, Memorandum & Articles, Shareholder Certificates and all other company documents as required by Law. These documents can then be used to open a bank account for the company.

Please note that information given on this page is subject to change at any time without notice as a consequence of changes made in local legislation.