Hungary
Hungary: 7 company types, its taxes, banking and business environment.
Forming a company
Company types in Hungary
The 7 forms a founder can choose here, each with its own figures. Open one for its sources.
Doing business here
Business accounts
Providers whose own published list of countries names Hungary. A listing means a company formed here may apply, not that it will be accepted.
Not in our records No provider's country list has been read for Hungary.
EU listings
Two lists a bank checks when it opens an account for a company or its owner.
- EU high-risk third countries (AML)
- Not listed
- EU non-cooperative jurisdictions for tax purposes
- Not listedOfficial EUR-Lex, 52026XG01465, Annex I as of 2026-02-17
Official sites
The authorities’ own sites for Hungary: where to register, file and check.
- Business registerCégbíróság (company court), through the Céginformációs és Elektronikus Cégeljárási Szolgálat; company register (cégjegyzék)e-cegjegyzes.hu
Tax authorityNemzeti Adó- és Vámhivatal (NAV), National Tax and Customs Administration of Hungarynav.gov.hu- Tax treaties in forcenav.gov.hunav.gov.hu
Blocs and agreements
The trade arrangements Hungary belongs to, as each arrangement’s own texts state them: since when, and what each covers. What a membership means for a business is for you to judge.
- European Union: internal market and customs union
- Single market · since 2004
Covers goods, services, establishment, capital, movement of people, a common external tariff.
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EU Member State since 2004, Schengen area member since 2007 and more about Hungary’s participation in the EU.
- European Union: VAT territory
- Inside it
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‘Community’ and ‘territory of the Community’ mean the territories of the Member States as defined in point (2);
- Schengen area
- Free movement area · since 2007
Covers movement of people.
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EU Member State since 2004, Schengen area member since 2007 and more about Hungary’s participation in the EU.
- European Economic Area
- Single market
Covers goods, movement of people, services, establishment, capital.
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which now covers the EU and its 27 Member States, and three of the four EFTA members: Norway, Iceland and Liechtenstein.
Regional and customs arrangements only, 36 of them; bilateral trade agreements are not yet in our records.
Tax
Company tax
Tax, and what the company owes the registry each year.
- Corporate income tax
- 9%
- Distributions
- Not in our records
- Audit
- Not mandatory where the average net revenue of the two preceding business years is at most HUF 600 million and the average headcount at most 50 (Sztv. 155 s. (3), as stated by the Chamber of Hungarian Auditors for business years starting 2025 or later).Official The registry or ministry page as of 2026-10-15
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Nem kötelező a könyvvizsgálat, ha az alábbi két feltétel együttesen teljesül:
- Small-company relief
- Not in our records
- Annual obligations
- Not in our records
- Annual registry fee
- Not in our records
VAT
The tax on what the company sells in Hungary, and when it must register, as the tax authority states it.
- Standard rate
- 27%Official European Commission, Taxes in Europe Database situation on 2026/07/01
- Other rates
- 18% Goods and services listed in the annexes to the VAT Act
- 5% Goods and services listed in the annexes to the VAT Act
- 0% Goods and services listed in the annexes to the VAT Act that carry the 0 percent rate
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The goods and services listed in the Annexes of the VAT Act may be taxed by a lower rate – 0 percent, 5 percent, or 18 percent
- Registration threshold
- HUF 20,000,000 · about €54,795
cumulated value of supplies of goods and services, the upper limit for the individual VAT exemption; tax year preceding registration and tax year of registration
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the cumulated value of supplies of goods and services in the tax year prior the registration, and the reasonably expected (and factual) income from the business activity in the tax year of the registration does not exceed the HUF 20 million upper limit for individual exemption
- Voluntary registration
- Yes
A business whose supplies stay within the HUF 20 million limit may choose the individual VAT exemption by declaration; a business that does not choose it registers and accounts for VAT from the start.
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The choice of individual tax exemption must be made in a declaration to the tax authority
- A foreign company
- Registers from its first taxable supply
The individual exemption applies only to taxpayers established in Hungary, so a business with no establishment there cannot use the HUF 20 million limit and is a VAT taxpayer from its first taxable supply.
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This information booklet contains the rules on the domestic application of individual tax exemption by taxpayers established in Hungary.
- Returns filed
- Monthly
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for the period beginning with the first day and ending with the last day of the month for taxpayers required to file tax returns monthly
- Tax authority
- Registration page read 2026-10-22
Tax calendar
When the main returns and payments fall due in Hungary, tax year 2026, as the tax authority states it.
- Corporate tax return
- 5 months after the end of the accounting period · each year
HU: a naptári év szerint működő adózónak a társasági adóról az adóévet követő ötödik hónap utolsó napjáig kell bevallást tennie (május 31.). EN: a calendar-year corporate taxpayer files the annual corporate tax return by the last day of the fifth month after the tax year (31 May of the following year); a non-calendar business year follows the same five-month rule.
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az adóévet követő ötödik hónap utolsó napjáig kell bevallaniuk
- Corporate tax, final payment
- 5 months after the end of the accounting period · each year
HU: a megfizetett adóelőleg és az adóévre megállapított társasági adó különbözetét a naptári év szerint működő adózó az adóévet követő év május 31-éig fizeti meg, illetve ettől az időponttól igényelheti vissza. EN: the difference between the advance tax paid and the corporate tax assessed for the year is paid by 31 May of the following year (the same date as the return).
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a naptári év szerint működő adózó az adóévet követő év május 31-éig
- Corporate tax, instalments
- Day 20 of the following month · each quarter
HU: az adóelőleget negyedéves gyakoriság esetén az adóév első három negyedévére a negyedévet követő hó 20-áig, az utolsó negyedévre a negyedév harmadik hónapjának 20-áig kell megfizetni; havi gyakoriságú adózó minden hónap 20. napjáig fizet. EN: the standard case is quarterly, by the 20th of the month after each of the first three quarters and by 20 December for the last; a taxpayer whose prior-year tax exceeds HUF 20 million pays monthly, by the 20th of each month. The rule records the quarterly case on the 20th of the following month.
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az adóév első három negyedévére jutó adóelőleget a negyedévet követő hó 20-áig
- Personal income-tax return
- 20 May · each year
HU: a NAV által elkészített adóbevallási tervezet 2026. május 20-i hatállyal érvényes bevallássá válik, ha az adózó nem módosítja. EN: the return for the previous tax year is filed by 20 May of the following year — NAV's draft becomes the filed return on 20 May 2026 if the individual does not amend it; those who must file their own return (sole proprietors, primary agricultural producers, individuals liable to VAT) also file by 20 May.
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a NAV által elkészített adóbevallási tervezete 2026. május 20-i hatállyal érvényes bevallássá válik
- Personal income tax, final payment
- 20 May · each year
private persons, primary agricultural producers and private entrepreneurs liable to VAT must file their return by 20 May of the year following the tax year and pay the tax; the 2025 return contains the tax to be paid with the return, by 20 May 2026.
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Private persons, primary agricultural producers, and private entrepreneurs subject to value added tax must file their tax return until 20 May of the year following the tax year and pay the tax.
- Personal income tax, instalments
- Day 12 of the following month · each quarter
HU: az egyéni vállalkozónak, valamint az adóelőleg-fizetésre kötelezett mezőgazdasági őstermelőnek az adóelőleget negyedévenként, a negyedévet követő hónap 12-éig kell megfizetnie. EN: a sole proprietor and a primary agricultural producer required to pay advance tax pay it quarterly, by the 12th of the month following the quarter, and declare it in the annual return. An employee's advance is withheld by the employer and remitted with the monthly payroll return.
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az egyéni vállalkozónak, valamint az adóelőleg-fizetésre kötelezett mezőgazdasági őstermelőnek az adóelőleget negyedévenként, a negyedévet követő hónap 12-éig kell megfizetnie
- VAT return
- Day 20 of the following month · each month
HU: az áfabevallás havi gyakoriság esetén a tárgyhót követő hónap 20-ig nyújtandó be, és az adó ekkor fizetendő. EN: the VAT return is filed, and the net VAT paid, by the 20th of the month following the period; the filing frequency is monthly, quarterly or annual depending on turnover, and annual small taxpayers file by 25 February of the following year. The rule records the standard monthly case on the 20th of the following month.
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Havi ... a tárgyhót követő ... hónap 20-ig
- Payroll withholding
- Day 12 of the following month · each month
HU: a munkáltatók, a kifizetők havonta, a tárgyhót követő hónap 12-éig elektronikusan vallják be az adó- és/vagy társadalombiztosítási kötelezettségeket eredményező, természetes személyeknek teljesített kifizetésekkel összefüggő valamennyi adót, járulékokat. EN: employers and payers file and pay the tax withheld from payments to natural persons (and the related contributions) monthly, by the 12th of the month following the payment.
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A munkáltatók, a kifizetők ... havonta, a tárgyhót követő hónap 12-éig elektronikusan vallják be az adó- és/vagy társadalombiztosítási kötelezettségeket
Running the company
Running a company here
Not in our records The authorities’ pages on running a company have not been read for Hungary yet.
Economy and trade
What it exports
Goods Hungary exported, by product, as a share of its goods exports each year. Exports include goods passing through for re-export. A share describes Hungary’s own trade; it does not compare places.
| Product (HS heading) | 2022 | 2023 | 2024 | Value, 2024 |
|---|---|---|---|---|
| Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 8702), including station wagons and racing cars HS 8703 | 8.4% | 9.6% | 8.6% | US$13.8 bn |
| Parts and accessories of the motor vehicles of headings 8701 to 8705 HS 8708 | 5.6% | 6.2% | 6.7% | US$10.7 bn |
| Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale HS 3004 | 2.9% | 4.0% | 4.6% | US$7.4 bn |
| Electric accumulators, including separators therefor, whether or not rectangular (including square) HS 8507 | 4.2% | 6.4% | 4.5% | US$7.2 bn |
| Automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included HS 8471 | 3.4% | 3.2% | 3.9% | US$6.2 bn |
| Telephone sets, including smartphones and other telephones for cellular networks or for other wireless networks; other apparatus for the transmission or reception of voice, images or other data, including apparatus for communication in a wired or wireless network (such as a local or wide area network), other than transmission or reception apparatus of heading 8443, 8525, 8527 or 8528 HS 8517 | 2.2% | 2.3% | 2.5% | US$3.9 bn |
| Spark-ignition reciprocating or rotary internal combustion piston engines HS 8407 | 2.0% | 2.1% | 2.1% | US$3.4 bn |
| Human blood; animal blood prepared for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions and immunological products, whether or not modified or obtained by means of biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) and similar products; cell cultures, whether or not modified HS 3002 | 1.1% | 1.4% | 2.1% | US$3.4 bn |
| Boards, panels, consoles, desks, cabinets and other bases, equipped with two or more apparatus of heading 8535 or 8536, for electric control or the distribution of electricity, including those incorporating instruments or apparatus of Chapter 90, and numerical control apparatus, other than switching apparatus of heading 8517 HS 8537 | 1.7% | 1.8% | 1.9% | US$3 bn |
| Insulated (including enamelled or anodised) wire, cable (including coaxial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors HS 8544 | 1.7% | 1.7% | 1.8% | US$2.9 bn |
Total goods exports, 2024: US$159.8 bn. The ten largest headings are shown.