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    How To Register In Hungary

    2007/7/1 17:39:00 40389

    1, the Hungarian lawyer drafted the company's establishment contract or partnership conditions and signed by the partners.

    2, submit an application to the court of registration, the application must be submitted within 30 days after the signing of the company's contract.

    3, application method: a new joint venture is made by Hungarian founder.

    All foreign companies are required to apply.

    The company which has obtained the foreign share price will submit an application by the original company, and submit five applications in Hungary, which can be submitted by other applicants.

    When an application is made by a foreign businessman to establish a company wholly owned by foreign businessmen, a Hungarian is required to accept the official documents.

    4, the application materials should include the following names: the name or company name of the foreign members of Hungary, the form and location of the company, the type, registration and establishment of the Future Ltd, and the description of its business scope; the scale of the assets already available when the company submits the application (the main stock, the amount of registered capital), the funds of the new company, the corresponding planning information, and the distribution method of net profit (after tax profits); and the future business policy of the company with evaluation data.

    5, application appendix.

    The joint venture agreement in Hungary (the rules and regulations of the company, the certificate of funds' draft) and the necessary amendments to the above documents are required for the original company.

    6, approval time.

    The approval time for an unincorporated entity is within 30 days, and the legal person's approval time is within 69 days.

    If no approval is granted, the instructions should be attached.

    If the application is not received because of invalid form or content, a remedy can be made within three months from the date of submission.

    Within 60 days after application, the application shall be ruled according to the facts.

    Before registration is approved, the company can only exist in the name of "quasi company", and may carry out business activities within the company's business scope (except for a permit).

    During this period, the "quasi company" shall not change the shareholders or partners nor modify the contract.

    7, other registration departments.

    After the court has approved the establishment of the company, the company is required to register with the State Administration of Taxation, the Central Statistical Bureau, the chamber of Commerce and the Social Security Bureau.

    8, the stamp duty established by the company.

    Stamp duty is 2% of the company's start-up capital, the minimum limit is 60 thousand Folin, the maximum limit is 600 thousand Folin, and the stamp duty of establishing company branches and representative offices is 200 thousand Folin and 100 thousand Folin respectively.

    In addition, 20 thousand Folin should be paid for the announcement of the establishment of the company in the Government Gazette.

    In general, foreign nationals must obtain work permits in Hungary, and the work permit is issued by the Hungarian labour centre.

    There is no need to apply for a work permit: the senior managers of the foreign enterprises (middle managers or board members) and the board of supervisors; the chief representative of the foreign company's representative office in Hungary.

    Foreign suppliers provide installation, warranty and service activities in Hungary for their own commodities according to the contract.

    We should invite Hungarian universities, research institutes and educational institutions to engage in professional research in Hungary.

    Foreign embassies in Hungary.

    He has signed a bilateral mutual exemption agreement with Hungary.

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