Hungary offers a unique and strategic environment for entrepreneurs looking to establish a business in Europe. While the country has its challenges, there are several key advantages that make it an attractive destination for investment and company formation.
Tax Benefits
Hungary has one of the lowest corporate tax rates in the European Union, currently at 9%. This makes it an appealing choice for businesses looking to optimize their tax expenses while operating within the EU.
Strategic Location
Hungary is located in the heart of Europe, providing easy access to both Western and Eastern markets. As a member of the EU and the Schengen Zone, companies benefit from free trade and unrestricted movement of goods and services across borders.
Infrastructure & Development
Budapest, the capital, is a rapidly developing hub with a growing economy, modern infrastructure, and a skilled workforce. The country continues to improve its business environment, with new investments in technology, transport, and industry.
Safety & Stability
Despite political challenges, Hungary remains a relatively safe and stable country compared to many other regions. The legal system and business regulations are structured within the EU framework, providing a certain level of security for investors.
Challenges to Consider
While Hungary presents great opportunities, it’s important to be aware of some difficulties. The political landscape can be unpredictable, and bureaucracy can sometimes slow down business processes. However, with proper guidance, these challenges can be managed effectively.
How I Can Help?
Hungarian service prices are generally more affordable than in many other countries, but foreign entrepreneurs often face higher fees simply because they are not locals. If you want to avoid overpaying while still getting the best experts, I can assist you. I work with highly skilled, English-speaking professionals, including top-tier lawyers, accountants, and tax advisors. If you’re looking to start a business in Hungary and need reliable support, feel free to reach out!