No withholding tax on dividends: Dividends can be paid to foreign shareholders without any withholding tax.
Favorable corporate tax rate: Hungary offers one of the lowest corporate tax rates in the EU - of 9% for companies with annual turnover below HUF 500 million and 15% for those above.
Low minimum capital requirements: The minimum share capital for an LLC in Hungary (known as a Kft) is HUF 3,000,000 (approximately EUR 9,000). which does not need to be deposited.
Freedom of Capital Movement: There are no restrictions on capital movement in Hungary, making it easier for businesses to manage their finances.
Easy company formation: The process of company formation in Hungary is straightforward and efficient.
27%
VAT Tax rate
15%
Income Tax rate
Annually
Submission of accounting statements
1 EUR
The minimum amount of the authorized capital
Features