Our services related to company procedure are available in two offices and online:
- Kft. (similar to LTD or LLC in meaning), Bt. company formation – 16.900 HUF (no VAT)
- Online company formation on Skype – 16.900 HUF (no VAT)
- Kft., Bt. company modification – 19.000 HUF (no VAT)
- Kft., Bt. transfer of shares – 29.900 HUF (no VAT)
- Learn about our services
Company forms / Company types
1) Limited partnership (LP)
– Liability of internal and external members: the internal member is liable to creditors for all his/her assets, the external member for the amount of the capital contribution. – The law does not specify a minimum share capital, but a certain amount of share capital is required, up to 1,000 HUF.
– It is managed by a managing director.
– At least two members are required for incorporation (no single-member Bt.).
– A sole proprietor cannot be a member of the LP., but an outside member can.
We are at your disposal for the formation of a limited liability company!
2) General partnership (GP)
– A limited liability company can be formed with a minimum initial capital, but the members are liable for the debts of the company with their own assets without limit.- The law does not specify a minimum initial capital, but a certain amount of share capital is required, up to 1,000 HUF.
– A limited liability company is the preferred form of company for family businesses with small capital requirements, based on the personal contribution of all members.
– In a GP, no member can be a sole proprietor or a LP. member.
Unfortunately, we have not yet set up a general partnership because no one has asked us to do so.
3) Limited Liability Company (similar to LTD or LLC in meaning)
– Can be founded by one or more persons.
– The minimum share capital is 3 million HUF, which may be made available by the founding member several years later, but no dividends may be paid out of the company until the full share capital has been paid up.
– The member’s obligation to the company is to pay its share capital and other pecuniary interest as laid down in the memorandum and articles of association. The member shall not be liable for the obligations of the company.
– It is managed by a managing director.
We are at your disposal for the establishment of a limited liability company!
4) Public limited company (limited liability company, limited liability company)
– May be established with a share capital consisting of a predetermined number and nominal value of shares, and the shareholder’s obligation to the company limited by shares is to pay the nominal value or the issue value of the share. – A company limited by shares whose shares are listed on a stock exchange is a public limited company (nyrt.).
– A public limited liability company whose shares are not listed on a stock exchange is a private limited liability company (PLC).
– Decision-making power of a general meeting (composed of shareholders),
– The management of the PLC. is exercised by the CEO or by the Board of Directors consisting of at least three persons (elected for a fixed term and for an indefinite term), the management of the Zrt. is exercised by the Board of Directors consisting of at least three persons.
– Supervisory Board : in the case of a public limited-liability company, the election of a supervisory board is compulsory, except in the cases provided for in the common rules for companies.
– In the case of a private limited company, a supervisory board must be set up if the shareholders holding at least five per cent of the voting rights together so request, otherwise it is not required.
– The share capital of a private limited company may not be less than 5 million HUF. The share capital of a public limited liability company may not be less than 20 million HUF.
Unfortunately, we are not yet setting up a public limited company because no one has asked for one.
Compare the different company forms and choose the right one for you! Of course, you should also consult a lawyer and an accountant before setting up a company, because a lot depends on the company form!
| Name | General partnership | Limited partnership | Limited liability company | Public limited company |
| Abbreviated name | GP | LP | Similar to LTD or LLC in meaning | PLC and Zrt. |
| Purpose | To carry out economic activities on a regular basis | |||
| Founding document | Partnership contract | Partnership contract | Memorandum or articles of association (one-person limited liability company) | Constitution |
| Who are its members? | Anyone (except those under a disqualification). At least 2 members. A natural person (except a minor) can be a member with unlimited liability in 1 limited liability partnership or limited liability company at the same time. Limited partnerships and sole proprietorships and their members may not be unlimited members of a limited liability partnership. | Any person (except a person under disqualification). At least 1+1 member required (outside member – inside member). A natural person (except a minor) can be a member with unlimited liability in 1 limited liability company or limited liability partnership at the same time. General partnerships and sole proprietorships and their members may not be unlimited members of a limited liability partnership. | Anyone (except those under a ban). 1 member is allowed. | Anyone (except those under a ban). 1 member is allowed. |
| Minimum property contribution | Cash, donation or personal contribution, no amount specified, up to 100 HUF. | Share capital of at least HUF 3 million, which can be cash or non-monetary (contribution, e.g. ownership – except for work or personal contribution, or commitment to provide services). | Minimum share capital of HUF 20 million for an open foundation, HUF 5 million in cash or by way of a contribution in the case of a closed foundation | |
| Organisation | Its main body: the assembly of members. | Its main body is the board of directors. | Its main body: the general assembly. | |
| Representation, management | Only a member of the GP can be a managing director (one or more) | Only a sole member can be the managing director of an LP. | 1 or more managers are possible. The managers may act individually or jointly. | In the open case, the board of directors; in the closed case, the CEO or board of directors. |
| Decision making | They vote per person, per member, as a general rule: 1 person = 1 vote, the articles of association may provide otherwise. | Voting rights are proportional to the member’s financial contribution and may be exercised in person or by proxy. | Shares proportional to the nominal value of the shares, but known voting preference share. | |
| Terminations of membership without succession: | the period for which it was established expires | |||
| decides to wind up the company | ||||
| is dissolved by the court in winding-up proceedings | ||||
| is declared dissolved by the commercial court. | ||||
Contact
Contact
Our services
FREE
No fees!
Using a Registered Office Service
16.900 HUF
(no VAT)
No fees!
Property title deed verification:
3600 HUF / property
16.900 HUF
(no VAT)
No fees!
Property title deed verification:
3600 HUF / property
FREE
(no VAT)
+ fee costs
Using a Registered Office Service
19.000 HUF
(no VAT)
+ fee costs
29.900 HUF
(no VAT)
+ fee costs
If our lawyer handles the company formation, it is free of charge!
Otherwise. Advice on company formation: 6000 HUF / 20 minutes
19.000 HUF
(no VAT)
+ fee costs
29.900 HUF
(no VAT)
+ fee costs
If our lawyer handles the company formation, it is free of charge!
Otherwise. Advice on company formation: 6000 HUF / 20 minutes
Our additional services
Registered Office Service in Budapest
Registered Office Service in a place exempt from business tax
(0% IPA) in Csomád
Registered Office Service in a place exempt from business tax
(0% IPA) in Vizslás
Registered Office Service
with 1% business tax
From 2023.01.01.01 the business tax rate is 1% in Egyházasdengeleg
Location service
Business tax free location (0% IPA) – Csomád
Location service
Business tax free location (0% IPA) – Vizslás
Our benefits
Expertise and experience
For more than 10 years, we have been providing various services related to company procedures.
Efficient administration
We make the process of setting up a company simple for you with automated processes and online access.
Speed
We are flexible and fast. We can arrange an appointment and complete the transaction even the next day.
Easily accessible offices
We have offices in a central location with good access to parking.
Additional services
We offer legal and other services to support your business.
Our offices
1064 Budapest, Podmaniczky u. 57. II/14.
(3 minutes from the West Railway Station)
Our downtown office is easily accessible, parking is available right in front of our office.
Opening hours:
Monday | 8:00-16:30 |
Tuesday | 8:00-17:30 |
Wednesday | 8:00-16:30 |
Thursday | 8:00-16:30 |
Friday | 8:00-15:30 |
1114 Budapest, Károli Gáspár tér 8. fsz/1.
(gate bell: 1.) (a few minutes from Újbuda-Központ)
In this office we can see you only by appointment. The customer service is located in our Pest office.
Opening hours:
Monday | Closed |
Tuesday | 10:00-14:00 |
Wednesday | Closed |
Thursday | 10:00-14:00 |
Friday | Closed |
About us
At Cegszolgalat Kft., we have provided expert assistance in the formation and modification of more than 20,000 companies, with lawyers specialising in company formation and modification.
In Hungary, we have provided registered office services, accounting and legal tax relief solutions to thousands of companies.
Call or write now: +36 1 445 3300, kapcsolat@cegjog.net or come to our office in person, where our lawyer will answer all your questions about company formation and company law in a legal consultation! We are at your disposal with FREE company formation advice when you order company formation or company modification services from us.
About us
At Cegszolgalat Kft., we have provided expert assistance in the formation and modification of more than 20,000 companies, with lawyers specialising in company formation and modification.
In Hungary, we have provided registered office services, accounting and legal tax relief solutions to thousands of companies.
Call or write now:
+36 1 445 3300, kapcsolat@cegjog.net or come to our office in person, where our lawyer will answer all your questions about company formation and company law in a legal consultation! We are at your disposal with FREE company formation advice when you order company formation or company modification services from us.