Fees and timelines in 2023

Fees

payment by instalmentHungary company setup costs in Year 1 will amount to €3,630 and annual company costs in Year 2 and thereafter will amount to €0. The average fee per engagement amounts to €10,990 including business incorporation, bank account setup, legal registered office and all government registration fees.

Different Hungary entity typesCostDraft Invoice
LLC€10,990View invoice PDF
Stock company€8,990View invoice PDF
Branch€9,260View invoice PDF
Representative office€8,860View invoice PDF
Bitcoin LLC€13,990View invoice PDF

Click here to create your own Hungary invoice

Timelines

The average of company registration period in Hungary is 10 weeks as outlined below:

LLCPLCFree ZoneBranch officeRepresentative office
Engagement planning1 week1 week2 weeks1 week1 week
Company incorporation period3 weeks4 weeks4 weeks4 weeks4 weeks
Corporate bank account approval3 weeks3 weeks3 weeks3 weeks3 weeks
Engagement completion3 weeks3 weeks3 weeks3 weeks3 weeks
Total engagement period10 weeks11 weeks12 weeks11 weeks11 weeks

hungary business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.

  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Hungary, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Sales & Business Development Manager
  • Contact me!