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TBCAS — Turkish Business Consultancy & Accountancy Services

Why Hungary

The smartest gateway into Europe

An EU member with the lowest corporate tax and a strategic location — Hungary is the ideal starting point for Turkish entrepreneurs.

9%
Corporate tax (the EU's lowest)
27%
Standard VAT rate — managed single-stop via OSS
24 h
Company incorporation time
EU free-movement advantage

Historical Kinship

"Had I a people noble as the Magyar, brave as the Turk…"

It is said — Attila

Hungary, bound to us by historical roots, is a land of dreams in the heart of Europe. Low taxes, simple incorporation and a stable economy — as familiar as home, as professional as Europe.

— Building a company in the heart of Europe, in a sister geography.

Explore Hungarian company types

Company Types

Four Hungarian structures

Hungarian commercial law recognises four primary forms. Each has a distinct liability, capital and suitability profile.

Kft 01

Limited Liability Company

Korlátolt Felelősségű Társaság

Min. Capital ~€7,500
Formation 24–48 hours
Bt 02

Limited Partnership

Betéti Társaság

Min. Capital Symbolic (HUF 1)
Formation 24–48 hours
Zrt 03

Closed Joint-Stock Company

Zártkörűen működő Részvénytársaság

Min. Capital ~€12,500
Formation 1–2 weeks
Nyrt 04

Public Joint-Stock Company

Nyilvánosan működő Részvénytársaság

Min. Capital ~€50,000
Formation 4–8 weeks
 
Kft
Limited Liability Company
Bt
Limited Partnership
Zrt
Closed Joint-Stock Company
Nyrt
Public Joint-Stock Company
Minimum Capital HUF 3,000,000 · ~€7,500 No statutory minimum · Symbolic (HUF 1) HUF 5,000,000 · ~€12,500 HUF 20,000,000 · ~€50,000
Liability Limited — to capital General: unlimited · Limited: capped Limited — to shares Limited — to shares
Formation Time 24–48 hours 24–48 hours 1–2 weeks 4–8 weeks
Min. Shareholders 1+ At least 2 1+ (private) Unlimited
Corporate Tax 9% 9% or simplified KATA 9% 9%
Governance Managing Director (Ügyvezető) General partner manages Board of Directors + Auditor Board + Audit Committee + Internal Audit
Publicly Traded No No No (private share transfer) Yes — BÉT or foreign exchanges
Best For Foreign investors · SMEs · E-commerce · Holdings Family businesses · Micro firms · Professional partnerships Companies with investor rounds · Multi-shareholder Large companies planning IPOs

Which structure fits you?

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Comparison

How does Hungary stand among alternatives?

Criterion Hungary Bulgaria Ireland Netherlands
Corporate tax 9% 10% 12.5% 25.8%
EU member Yes Yes Yes Yes
Minimum capital (€) 7,500 1 1 1
Setup time 24 hours 1 week 1 day 1 week
Turkish-entrepreneur ease High Medium Low Low

Process

The roadmap to coming to Hungary

01

Strategy call

A one-hour free call — a structure recommendation aligned to your business model.

02

Structure design

Kft, Zrt or branch — the tax- and operations-optimal vehicle.

03

Incorporation & setup

Company in 24 hours, bank account and VAT registration in a week.

04

Operations handover

Transition of accounting, payroll and reporting.

Start your Hungary journey

Book a free strategy call. Let's design the right structure for your business together.

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