HUNGARY
Corporate income tax 9% . EU VAT is obtained immediately!
Why Hungary?
Company in Hungary is an excellent decision to set-up a traditional European resident structure. Registration process is straightforward. VAT gets registered almost immediately with company registration.
Hungary is extremely interesting for royalty structures and IP holding! 50% of income derived from royalties of any kind is exempt of income tax. That makes effective corporate income tax only 4,5%. Moreover, royalties are exempt of 2% local business tax, unlike trading income for example. Further after, withholding tax on paid out royalties is 0%.
What are the opportunities?
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Corporate income tax 9%
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50% of income derived from royalties are exempt from tax
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0% withholding tax on dividends if paid out to foreign companies
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Transparent taxation and accounting rules
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EU VAT is obtained immediately!