B-Top Üzletviteli Szolgáltató Kft. (B-Top Ltd.)
Budapest
- Company formation
- Accounting and bookkeeping
- Tax compliance
- +1 more
Languages: Hungarian · English
View profile of B-Top Üzletviteli Szolgáltató Kft. (B-Top Ltd.)Budapest is where a foreign founder in Hungary is most likely to end up looking for help, and the reason is practical: the tax authority has its headquarters here, on Széchenyi utca, and the firms that deal with it every day cluster in the same city. This page is about finding an accountant or corporate service provider in Budapest for a company you want to set up or already run.
If you are still deciding on the legal steps, read the guide to setting up a company in Hungary first. This page is for the next question: who in Budapest will do the work, and in which language.
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Languages: Hungarian · English
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View profile of ITL GroupAccounting firms make up most of the field, 64 of them, next to 13 corporate service providers. Size is uneven. Small practices number 57, there are 10 medium firms and 10 that belong to a large network. A small practice usually puts one named person on your file. A network can cover a group of companies or a branch, but you may deal with a junior team in daily work, so ask who will answer your questions.
Hungarian company law pushes foreign founders towards local help. The courts state that legal representation is mandatory in company proceedings, so a lawyer must be authorised to file for you, and the Hungarian government’s own guide says a limited liability company (Kft.) needs at least HUF 3,000,000 in registered capital. In Budapest, 61 firms say they handle company formation, and 24 name the Kft. under that exact label as an entity they set up. Others name partnerships (Bt.), sole proprietorships and private limited companies (Zrt.), and five mention branches of foreign companies. Ask which of these the firm sets up every month and which it has done once.
Industry names are scattered rather than concentrated. Real estate comes up most often with 8 firms, then construction with 6, and e-commerce and trade with 5 each. Manufacturing, private equity and financial services follow. Sole traders are the client group named most, by 9 firms, and 5 name multinational groups. In all, 42 firms in the city say they work with foreign clients, which is more than half of the Budapest field.
Once the company exists the work is mostly routine. Tax compliance is offered by all 77 firms, accounting by 75 and payroll by 71, while 47 handle VAT. Audit is a smaller group of 24 firms, and 20 offer corporate secretarial support. Banking help is rare, with 18 firms, and residency or visa support is offered by 15, so if you need a work permit for yourself, check that point before you choose.
Hungarian is offered by 68 firms and English by 51. German follows with 15 firms, Italian with 6, Russian with 5 and French with 4. Chinese, Arabic, Turkish and Spanish appear at two firms each. Official forms and tax notices are in Hungarian, so the language question is really whether the firm will read them for you and answer in yours. If you work in Italian, see the Italian-speaking accountants in Hungary.
Budapest is the only city page in Hungary at present, so the Hungary overview covers the country as a whole, and the company formation page explains how to choose a provider. If you want a short list matched to your case, send one request through Accountanty and it is passed to suitable firms in Budapest.
Hungarian is offered by 68 of the 77 firms and English by 51. German is offered by 15, Italian by 6, Russian by 5 and French by 4. Tax notices and court forms arrive in Hungarian, so ask whether the firm will translate them and reply for you.
Yes. 61 firms say they handle company formation and 75 offer accounting, so many do both. Hungarian courts require legal representation in company proceedings, so ask who signs and files the application and whether that cost is in your quote.
Often yes. 42 firms in Budapest say they work with foreign clients, and several name non-resident entrepreneurs. Ask how documents are signed, whether the firm can act with a power of attorney, and who deals with the tax authority for you.
24 firms offer audit and 10 belong to a large network. Smaller practices often handle bookkeeping and tax only, so if your company will need an audit, ask early whether it is done in-house or by a partner firm.
The Hungary overview explains the steps to set up a company, the Kft. capital rule and the tax registration. This Budapest page is about finding local help. Both link to the free quote request if you want firms matched to your case.
General information, not legal or tax advice. Rules, rates and fees change: check them with the official sources linked on this page or with a qualified adviser before you act.