You have the project to create your company Hungary in Budapest, all the Fidulink team, specialist in the creation of company in Hungary in Budapest will be happy to relieve you for all the steps of creation of KFT company in Hungary in Budapest.
Before creating your KFT company in Hungary, with a head office in Budapest, we suggest that you take stock of the elements and information to be put in place, because it is important to know where you are venturing.
The KFT company in Hungary in Budapest in a nutshell
Limited Liability Company (KFT):
The limited liability company (KFT) is the basic company form par excellence, the most used in Hungary in Budapest. There are few constraints for this type of company in Hungary in Budapest. The liability of shareholders is limited to contributions of shares, except in the event of prohibition of management, or abuse of corporate assets, or the exercise of any illegal activities. Entrepreneurs who decide to set up a KFT in Hungary in Budapest, have a large possibility of leeway to develop a “tailor-made” personalized company. One founder is enough to set up a KFT Hungary company in Budapest. To find out more, contact one of our agents, he or she will be happy to answer your questions.
Step 1: Determine the project of your KFT company in Hungary in Budapest
It's not just having an idea, it's simply taking the time to see the long term, the project, disaster scenarios, for anticipated, and provide solutions even before it is created, to avoid the maximum inconvenience, loss of money, loss of time, stress, which could harm and make lose all hope of success. We are present to accompany you, in order to avoid stress for the steps of creating your company, for precisely, you devote to this essential part of development of your Business Model so that your project of creation of KFT company in Budapest be Viable.
We offer completely transparent and clear prices, you will have included in your package, an agent available to answer your questions, as far as possible, because we are an incorporation agent and do not provide any advice, for the launch and development of your KFT company in Hungary in Budapest.
We support entrepreneurs from all over the world to create their KFT company in Hungary in Budapest, it is important to properly analyze your business model.
- What are the planned activities of your future KFT company in Hungary in Budapest?
- How many shareholders and directors will be registered in your future KFT Hungary company in Budapest?
- Analyze the development environment of your KFT company in Hungary in Budapest?
- Who will be your target customers for your KFT company in Hungary in Budapest?
- What will be the main expenses of your KFT company in Hungary in Budapest?
- What will be the sources of income for your KFT company in Hungary in Budapest?
- Make a complete description of your KFT company in Hungary in Budapest
- Where are the partners, customers, suppliers of your KFT company in Hungary located in Budapest?
- What is the marketing strategy to develop your KFT company in Hungary in Budapest?
Step 2: Know the steps for registering your KFT company in Hungary in Budapest
In order not to be surprised on the steps, our team is happy to detail below the steps for creating your KFT company in Hungary in Budapest:
- Choosing the legal form for your company in Germany, here in this article, we have opted for the KFT, the most fashionable and most created company in Germany, for foreigners and non-residents of Hungary in Budapest, it is is a Hungarian liability company in Budapest, you can read below the important points of this type of company in Hungary in Budapest
- Create a KFT company in Hungary in Budapest by editing and filing articles of incorporation, the complete registration file of your KFT in Hungary in Budapest:
- KFT Hungary in Budapest must register its company with the approved business counter
- Your KFT Hungary company in Budapest must open an escrow account for capital deposit
- A KFT in Hungary in Budapest must Obtain a certificate of capital deposit
- Hungary in Budapest, after incorporation, your company KFT Hungary in Budapest
- Register you with insurance, for civil insurance and other insurance according to certain specific activities
Step 3: Constitution of a company with KFT type legal personality in Hungary in Budapest
If you choose to carry out your self-employed activity in the form of a company with legal personality, you must take various steps to set up the company:
A) The formalities to create your KFT company in Hungary in Budapest
- The first formality consists in drafting (in writing) the constitutive act of your company.
- Filing of the deed of incorporation;
- Registration of the deed of incorporation.
This includes the articles of association of the company, including all its characteristics (name, registered office, object, capital, etc.) and its mode of operation.
Depending on the type of company, this act can take the form of:
- an authentic deed (notarial deed); as for the KFT in Hungary in Budapest
- If you opt for one of the most common legal forms (KFT), you must go to a notary to draw up the memorandum of association of the company. The cost varies according to the complexity of the act. The agreements executed in this way acquire value and legal certainty. The signatories of these deeds may avail themselves of this surety between themselves and with regard to any person unrelated to the agreement.
Information to be mentioned in the deed of incorporation
The deed of incorporation must contain the following information in particular:
- the name of your future Germany company, with its abbreviated name or acronym, if applicable;
- the legal form of your Hungarian company in Budapest (KFT);
- the address of the registered office in Budapest of your future KFT company in Hungary in Budapest;
- the purpose of your KFT Germany company, i.e. the precise designation of the purpose and object that the company intends to pursue; What are the activities planned by your company KFT Hungary in Budapest
- the duration of your KFT Germany company: fixed or indefinite duration;
- the terms of representation of your KFT Hungary company in Budapest: the designation of the administrative body(ies), their attributions and the terms of their exercise, the mode of operation, etc. ;
- if applicable, the capital of your KFT Hungary company in Budapest: the amount of capital, its subscription (with whom and for what amount?), the procedures for increasing or reducing capital, etc. ;
- the company's securities: the number of securities issued, their nature, their mode of transmission, etc.
B) Documents to be provided:
To draw up the deed of incorporation, you need the following documents:
- a financial plan of your KFT Hungary company in Budapest, which justifies the amount of capital or initial equity of the company being set up and an estimate of the needs and expected income;
Capital: in the event of a cash contribution: proof of the opening of a special account (escrow account) in the name of your company KFT Hungary in Budapest to be set up (bank certificate); in the event of a contribution in kind (building, equipment, etc.): a report from an auditor. - Filing of the deed of incorporation of your company KFT Hungary in Budapest. You must then file the deed of incorporation with the registry of the company court of the registered office of your company.
- The deposit must be made within 30 days of the drafting of the deed of incorporation.
For KFTs, the deposit is made by the notary and the deed is registered in the Register of Moral Persons.
C) Registration at the Crossroads Bank for Enterprises for your KFT company in Hungary in Budapest
Following the filing, the clerk enters the company's identification data at the Banque Carrefour des Entreprises. The central register assigns a company number to your company.
Publication of the act incorporation of your KFT company in Hungary in Budapest
The clerk also ensures the publication of the deed of incorporation by extract to the axes of the Hungarian Monitor in Budapest.
To complete registration, you must pay a registration fee.
Who should register and when?
If the deed is legalized (notarial deed), the registration must be made by the notary within 15 days MINIMUM.
D) Consequence of registering your KFT company in Hungary in Budapest
The registration of the deed of incorporation gives it a specific date. No one can dispute its existence on the date of registration (it does not exclude disputes over its content or its scope).
Important information to know about Taxation in Hungary in Budapest:
All private companies, organizations:
- Which have a legal personality like the KFT,
- Who have their main registered office in Hungary in Budapest,
- Whose services or businesses are lucrative
Must declare once a year, the declaration with the tax service and establish an accounting balance sheet.
For any further information, please contact our customer service, an agent will be happy to explain the basic information you need to know when setting up a KFT company in Hungary in Budapest.
I want to set up my Hungary company in Budapest with the help of Fidulink services? How to do?
After explaining the main steps, and information to know for the creation of a company, we are going to talk about fees, how much does the creation of a company in Hungary in Budapest cost on average.
We offer you our basic package "START UP HUNGARY IN BUDAPEST" below, an agent will send you the complete offer by email, with more precise information by making the request directly by email info@fidulink.com.
START UP PACKAGE includes the following services:
- KYC procedure (better know your client) in order to build your file before the drafting of the deeds of incorporation in Germany.
- Checking the layout of your KFT company name in Hungary in Budapest
- Reservation of your KFT company name in Hungary in Budapest
- Editions of documents, and deeds of incorporation of your KFT in Hungary in Budapest
- Organization of appointments with the notary* or with apostille without travel to Germany
- Notary fees included in Germany
- Edition of the complete file for the incorporation of your KFT company in Hungary in Budapest
- Domiciliation address of the registered office First year included in Germany
- Submission of the legal announcement of the establishment of a company in Germany
- Registration in the tax register in Germany
- A domiciliation contract (postal address) in the name of your company within the Business Center in Germany
- Government constitution fees in Germany
- Business current account assistance in Germany
- Electronic company documents (pdf) in Germany
- A dedicated agent for 1 year
For any additional requests, please contact us through our various media:
Visit our website by clicking on the following link: FIDULINK Service
Please contact our team of agents at your service (French, English, Spanish) by email info@fidulink.com
Please contact via our whatsapp support: Fidulink Whatsapp or by clicking on the link on our homepage FIDULINK Service
We would be delighted to accompany you in your project of setting up a KFT company in Hungary in Budapest, without stress, thanks to our team who manages everything for you.
See you soon, the Fidulink team, thanks you for reading this and wishes you a great day. Take care of yourself.
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