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HUNGARY

COMPANY FORMATION
ANNUAL FEES
The Annual Fees are concerned with the following services:
Annual Statutory Fee, which includes:
- Local incorporation agent to provide you all services relating company matters (registered agent facilities);
- Filing statutory returns with official departments, required, to be the company active and alive;
- Liaison with the registered office and the registered agent in the jurisdiction of incorporation, attending to the payment of the Annual Government License Fees and other government fees;
Annual Compliance Fee, which includes:
- Attending to routine compliance matters (inclusive of periodic file reviews), reviewing official correspondence received and other routine matters incidental to good corporate governance;
- Processing and Return Filing with Internal revenue, Registrar of Companies, and other official departments
IMPORTANT REMARK:
First year – Fees are considered from the date of formation until the 31st December same year
2nd and subsequent years – All annual fees marked above as “/Annual” become due from the 1st January each ear, and are payable until the 31st January
NOMINEE SERVICES - OPTIONAL
Nominee Services are recommended to those people who wish and require 100% privacy, confidentiality and anonymity as to his relationship with the company. In such case, your name will not appear on the official files of the Registrar of Companies, but the nominees’ names. You can however manage to run the company through a full P.O.A. – Power of Attorney - which can be issued as per your own verbiage or ours. We can provide you a draft for your analysis.

NOMINEE SERVICES - FEES
Provision of Nominee Shareholder –Euros 650.00/annual
Provision of an European Union Resident Nominee Director – Euros 2,750.00/annual
Cost of Certified and Apostilled Power of Attorney issued in your behalf, to manage the company and its bank accounts - Euros 750.00
We shall provide you a verbiage/draft for this POA, for your client’s approval. Otherwise, you/he can draft it, and send it back for us, for execution.
Remark: In case you will contract our Nominee Services, a Power of Attorney (certified and apostilled) will be provided in your name, together with following documents:
- Nominee Services Agreement
- Delegated Member(s)’s Declaration
- Delegated Member(s)’s Resignation Letter(s), signed and undated
FULL SERVICED VIRTUAL OFFICE IN HUNGARY
Additional services:
Exclusive Telephone Number in Hungary - 980.00/annual
Set up Fee – Euros 50.00
Provision to cover all calls diverted to your own line outside Hungary – Euros 500.00
Exclusive Fax Number in Hungary – 980.00/annual
Set up Fee – Euros 50.00
Provision to cover fax re-forwarding on a daily basis – Euros 200.00
DELIVERY OF DOCUMENTS
We can either dispatch the documents to you by DHL or any other express courier, if a faster delivery service required.
HOW TO START INCORPORATION PROCESS
As to start the incorporation process, we only need an email from you, with your order, confirming the required optional services, if any. A Proforma invoice will then be delivered to you with our banking coordinates so that you may settle the payment.
DOCUMENTS AND INFORMATION REQUIRED
To establish a company in Hungary we need the following information:
1. The name of the company
2. Address in Hungary (which we can provide you, if you need)
3. Date of start of operations of the company
4. Full name, private address and birthday of the Managing Director
(Copy of passport has to be sent to the Hungarian Authorities)
5. Full name, private address and birthday of Shareholders
6. (Copy of passport has to be sent to the Hungarian Authorities)
7. Full name and address of the shareholder(s)
(Copy of Certificate of Good Standing not more than 30 days old – if the shareholder is a company)
8. The object of the company (which activities will the company have?)
9. Share capital
(Minimum HUF 3 Million – equivalent to Euros 11,400.00; half of which must be paid up prior to incorporation)
10. Description of the company’s activities (i.e. export, import, wholesale, industry)?
TIME REQUIRED FOR INCORPORATION
Approximately, two weeks time only.
VAT registration – One to two weeks time in average.
OUR SERVICES
Consulting, tax planning, company structuring
Company registration,
Providing legal seat and office facilities,
Management services,
Bank account opening,
Providing legal representative,
Bookkeeping, audit,
VAT registration and accounting,
Payroll accounting,
Supplementary documentation,
Notary public and international legalizations
Hope all above information meets your requirements and needs.
In case you may have any further matter or question to clarify, please contact us

OFFSHORE INCORPORATION SERVICES
COMPANY FORMATION & MANAGEMENT SERVICES
TAX PLANNING AND ASSET PROTECTION SOLUTIONS
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TRUSTS
PRIVATE & FAMILY FOUNDATIONS
BANK FORMATION
PANAMANIAN LICENSED FINANCIAL CORPORATIONS
NEW ZEALAND OFFSHORE FINANCIAL INSTITUTIONS
SECURE & CONFIDENTIAL NOMINEE STRUCTURES
INCORPORATION IN EUROPE AND
MAJOR INTERNATIONAL OFFSHORE CENTRES
OFFSHORE BANKING
WORLDWIDE FULL SERVICED VIRTUAL OFFICES
FREE CONSULTANCY
info@eurofinanzza.com
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