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Healy Consultants Validates Hungary Company as an Excellent Holding Company

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2014-04-17 07:01:15 -

Budapest, Hungary – A Hungary company ( ..) incorporated with a minimum paid up share capital of mere €1,700. Also, only 1 director and 1 shareholder are required of any nationality. There are a number of benefits for entrepreneurs incorporating a holding company in Hungary. Withholding taxes are exempt on dividends, royalties and interest payments to a non-resident company.

Dividends from a foreign entity are legally tax exempt in Hungary if DTAs are in place and if at least 50% of the revenue of the foreign entity is derived from onshore activities. Capital gains resulting from sale of an investment will be completely tax exempt if a Hungarian national has been a 10% shareholder in the company for at

least 1 year. Hungary has signed double taxation agreements with 70 countries including Australia, Canada, China, India and USA.

-- A Hungary company as an EU trading company --

There are no custom duties and VAT imposed on a Hungary trading company of imports and exports and conducted within the EU. Companies do not require an audit when their average annual revenue for two years is less than €321,000 and if they employ less than 50 fulltime staff. In case of bad debt, 20% of the receivable amount expired for at least a year can be deducted from tax base over the next 5 years.

Foreign companies are subject to an 80% corporate tax rebate for 10 years if they invest at least €321,000 in projects relating to environmental protection, broadband internet service, movie production, infrastructure for existing food production and storage facilities and R & D.

-- About Healy Consultants --

Healy Consultants provide a full range of professional services, which include the following:

• Offshore financial services
• Accounting and taxation
• Corporate finance
• Business start up services
• Corporate banking
• Global marketing services
• Company formation
• International trading strategies

Healy Consultants are professionals who offer quality services, which perfectly match the needs of our highly sophisticated clients. We are also proud of the fact that our services are affordable and accessible by our most modest customers.

Our clients have access to an excellent range of quality products and services. We come with rich experience and a global presence, resulting in unique market awareness beneficial to your firm in more ways than one.

Press Information:
Healy Consultants

H-1011 Budapest,
Szilagyi Dezso ter 1
2nd floor

Contact Person:
Mr. Aidan Healy
Business Owner
Phone: (+65) 6735 0120
email: email


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