FORMS OF BUSINESS ASSOCIATIONS IN HUNGARY
Finding the most appropriate company form is essential for
every business. Hungarian company law offers a wide range of
company forms available for foreign entrepreneurs and investors. We
prepared this summary to help you to find the form that mostly fits
your business goals.
1. STRUCTURES FOR FOREIGN BUSINESSES ONLY
In case that a foreign investor does not want to establish an
onshore Hungarian company, the following business structures are
available:
- Representative office
- Branch office
A representative office is useful business
structure for a foreign company which intends to familiarise itself
with local business conditions before embarking on an investment. A
representative office cannot pursue core business activity, its
scope of activity is limited to the following: