Hungary

Hungary remains a very popular country for foreign investors, both from within EU member states and outside the EU. There is increased activity particularly on the front of innovation, service delivery as well as production.

Among others:

• the genuine IT and communications technology industry ranking nr.5 globally according to hacker rank challenges with almost half a million developers,
• life science, representing 40% of R&D spendings by 85 innovation companies,
• the medical technology industry with more than 100 years history in Hungary and currently represented by 150 companies in cooperation with 7 universities,
• the food industry with 100% GMO-free products on 2/3 of the agricultural area of the country,
• the automotive industry (with the presence of Audi, Mercedes, GM, Suzuki and 43 Tier1 suppliers),
• the electronics industry generating over 5% of the GDP,
• the logistics and transport industry with their well-equipped industrial parks and manufacturing sites as well as
• business services centers with quality office buildings and the ability to serve over 30 languages

enjoy the attention of investors. 

A very attractive taxation scheme, skilled workforce from the country’s higher education institutions and flexible employment rules enable investors both financially and legally to easily plan their corporate and financial moves to Hungary. With digitalization in courts as well as in administrative authorities fully under way, establishing and managing a business in Hungary from a headquarter abroad via remote identification and contracting options has become easier than ever. Establishment and immigration rules also improve gradually to serve Hungary’s open market economy.

Our lawyers are skilled and experienced in supporting companies and subsidiaries in building up and stabilizing their business in Hungary. They stand by your side throughout the entire lifespan of your business, covering

establishment planning and structuring

company formation and registration

expansion by mergers & acquisitions

foreign direct investment screenings

government subsidies legal support