How to Buy a Shelf Company in HungaryHungary is located in the center of Europe and occupies a small area, but the population density is actively growing. In this regard, advances in the economic development of the country have been observed in recent years. The local legislation has undergone many positive and fundamental changes, and much attention was paid to investor activity. Therefore, the number of those wishing to buy ready-made companies in Hungary has increased dramatically since the local jurisdiction offers favorable conditions for investing money today.
You need to find a company to buy and negotiate the terms of the deal. This can be done independently or with our assistance. We have clients and partners who are looking for buyers for their companies.
The company should be checked for debts to government agencies, including tax, as well as the presence of receivables and payables, before purchase.
It is necessary to prepare personal documents of the buyer, powers of attorney from the parties, re-registration forms.
The collected package of documents is submitted to the Register. After that, the documents are processed by the registrar and amendments in the company are entered into the Registry database.
After making amendments to the company data in the Register, you can see its registration data in it and if necessary order paper versions of the statutory documents with or without certification. The specialists of our company will help you with all the necessary certification (notarization, apostille) and translations into other languages, if necessary.
Owners of a public business registered in Hungary are entitled to a residence permit. Other advantages of buying a company are:
Open joint-stock company or Korlatolt Felelossegu Tarsasag is the most popular legal form. KFT opens up the opportunity to conduct a business conveniently. It is relevant when the business does not imply a large number of founders. Before you buy a shelf company in Hungary, you should consider that the share capital must be at least three million forints, that is, about nine thousand euros. After the sale transaction is completed, the share capital is replenished by the new company owner.
It is possible to buy a business with other forms of ownership:
The buyer should be aware that any legal form of organization involves the preparation of an annual report, which is pre-audited. The company must appoint an auditor if
In addition, it is necessary to carry out a financial evaluation of the company and assess the amount of income before completing the deal. If the profits do not exceed 500 million forints, the company will be required to pay a fee of 10%, while it amounts to 19% in other cases. There is also a value-added tax, which varies depending on the field in which the company to be bought operates.
A sale of a ready-made business in our company Incluence Limited includes:
With the help of our experienced specialists, you can quickly buy ready-made companies in Hungary on favorable terms. If necessary, we are ready to support you in the future as well. To discuss possible questions and choose the best type of business, contact our managers using the available messengers or sending an application online.
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