Hungary cryptocurrency company solution in 2024
Some of our Clients interested in registering a cryptocurrency company in the European Union are choosing Hungary as their preferred location. Healy Consultants Group is happy to assist our Clients register a Hungary cryptocurrency company and open a corporate bank account with a cryptocurrency-friendly bank.
Why register a cryptocurrency company in Hungary?
- Although cryptocurrency is not yet considered legal tender, Hungary is currently developing a regulatory framework to classify cryptocurrencies;
- The Korona cryptocurrency was launched in Hungary in 2018, paving the way to what is expected to be new developments in the country’s cryptocurrency sector;
- Hungary’s standard corporate tax rate is just 9%;
- Hungary is an excellent gateway from which to do business and trade cryptocurrency within the EU, a total market of 450 million consumers;
The steps to cryptocurrency setup in Hungary?
Engagement planning
- Our Client convenes a conference call with one of our key project managers;
- To better understand our Client’s business and supply tailored solutions, our Client settles a retainer fee of US$3,000 with Healy Consultants;
- Our Client signs our engagement letter and supplies us with Know Your Customer due diligence documents;
- Healy Consultants Group emails our Client a quality detailed project plan for their Hungary cryptocurrency company;
- We agree on the timelines, exact Client deliverables and fees;
- If required, Healy Consultants Group emails our Client a detailed comparison table of cryptocurrency solutions in Hungary.
Engagement process
- Our Client pays our engagement fees, payable by instalments;
- Healy Consultants supplies our Client a complete set of cryptocurrency company formation incorporation forms. The Hungarian company is incorporated within three weeks;
- We supply our Client weekly detailed engagement status updates;
- Healy Consultants offers our Client multiple Hungarian and international cryptocurrency corporate bank account opening solutions. We recommend our Clients diversify their banking portfolio with a minimum of two Hungary or international cryptocurrency corporate bank accounts.
Engagement completion
- Healy Consultants couriers the full company kit to the Client, including original corporate documents and unopened bank correspondence;
- Our Client completes a Client feedback survey.
