Fees and timelines in 2022

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 types Cost Draft Invoice
LLC €10,990 View invoice PDF
Stock company €8,990 View invoice PDF
Branch €9,260 View invoice PDF
Representative office €8,860 View invoice PDF
Bitcoin LLC €13,990 View 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:

  LLC PLC Free Zone Branch office Representative office
Engagement planning 1 week 1 week 2 weeks 1 week 1 week
Company incorporation period 3 weeks 4 weeks 4 weeks 4 weeks 4 weeks
Corporate bank account approval 3 weeks 3 weeks 3 weeks 3 weeks 3 weeks
Engagement completion 3 weeks 3 weeks 3 weeks 3 weeks 3 weeks
Total engagement period 10 weeks 11 weeks 12 weeks 11 weeks 11 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
  • Client Engagements Manager
  • Contact me!