Corporate income tax
9%
Local business tax and other applicable charges are additional
Do business inHungary.
Explore manufacturing supply chains, engineering connections and business services with a clear view of tax and establishment requirements.
Start your journey
Standard VAT
27%
Reduced rates and exemptions depend on the supply
Currency
HUF
Hungarian forint · assess exchange-rate exposure
Founder requirement
Activity-specific
Executive duties and other employment have different rules
Connect with established industrial supply chains.
The Commission projects 1.8% GDP growth in 2026, supported by domestic demand and an export recovery. Assess customer demand, currency exposure and the full operating cost alongside the headline tax rate.
European Commission · May 2026 forecast (opens in a new tab)Explore the opportunities.
Start with a defined opportunity, then assess the route to market.
Supplier connections
Explore supply opportunities in manufacturing and electronics through a clear capability profile and buyer requirements.
HIPA · supplier programme (opens in a new tab)Engineering services
Assess technical delivery partnerships against the skills, certification and service standards your customers need.
Business services
Compare staffing, languages, delivery costs and contractual requirements for a local service operation.
Understand the essentials.
Taxes, establishment and the detail behind a commercial decision.
Corporate and local business taxes
Corporate income tax is 9%. Local business tax can reach 2% on a different base, broadly adjusted sales revenue. It is not simply an 11% tax on profit.
PwC · Hungary corporate tax (opens in a new tab)VAT and exchange rates
Standard VAT is 27%. Model HUF operating costs and foreign-currency revenues together, allowing for exchange-rate changes and payroll obligations.
EU VAT rates (opens in a new tab)Before you establish
Founder activity and residence
Guest self-employment rules distinguish executive activity from other work in the company. Check the appropriate permission and restrictions on switching categories before choosing a route.
Hungarian Immigration · self-employment (opens in a new tab)Local implementation
Confirm corporate registrations, banking, accounting and any sector-specific approvals. Budget for an operation with the staff and resources needed to deliver the business plan.
Product and trade requirements
Check your product’s HS code, origin, customs duties and applicable standards. Include freight, import VAT and distributor margins in the landed cost before choosing a route to market.
EU Access2Markets (opens in a new tab)Headline tax rates are not the total cost of operating. Reduced rates, sector rules, payroll obligations and large-group regimes may apply. Incorporation and permission to live or work are separate processes.
Build the business case around a real connection.
Identify target buyers or delivery partners, check technical and commercial fit, and assess the legal and immigration requirements before establishing the operation.
How we help you move forward.
Guidance that starts with your goals.
Consult
Define your market, customers and commercial objectives.
Apply
Prepare the relevant registrations and visa applications for your chosen route.
Start
Move forward with your business and trade connections.
A few things to know.
Does company registration give me residence rights?
No. Company registration, ownership, residence and permission to work are distinct matters. The appropriate immigration route depends on your nationality, intended activity and eligibility.
Which entry route is right for my business?
That depends on your product or service, customers, budget and staffing needs. A distributor, commercial partnership, branch or locally established company may serve different objectives.
Let’s talk about Hungary.
Tell us about your business. We’ll help you explore the next step.
Photography credits
Budapest · Parliament & the Danube · Plug (Wikivoyage) · Public domain. Resized, WebP format; cropped to fit the layout. The photograph retains its stated licence.
Last reviewed · Guidance for applicants and businesses based in India.