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Briefing on the rules for setting up a company online August 2022

  • Hungary
  • General

31-08-2022

Briefing on the rules for setting up a company online

August 2022


Act CXXIV of 2021 on the cross-border transformation, merger, division and other legal harmonisation amendments to the Act on the cross-border transformation, merger, division and other legal harmonisation amendments of capital companies introduced a new form of company establishment, the online founded company.

The relevant provisions amended the Act V of 2006 on Public Company information, Company Registration and Winding-up Proceedings (the Company Registration Act) with effect from 1 August 2022, adding a new title - Online Founded Company - and a new Article 9/G.

The rules of online company registration can be applied for a limited liability company established by a citizen of a member state of the European Union, or a legal person or organization registered in a member state of the European Union and a for a branch established in Hungary by a company registered in the European Union.

The briefing download from here

This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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