Comparison Tool
Compare countries for company formation
Select two countries to see corporate tax, costs, timelines and remote setup options side by side.
| ๐ญ๐บ Hungary | ๐ฉ๐ช Germany | |
|---|---|---|
| Corporate Tax | 9% | 15% federal + local trade tax (total effective ~30โ35%) |
| Setup Cost | Medium | Medium to high |
| Annual Accounting Cost | Medium | Medium to high |
| Min. Capital | HUF 3,000,000 | โฌ25,000 for GmbH (min. โฌ12,500 paid at formation); UG from โฌ1 |
| Incorporation Time | 10 business days | 4โ8 weeks (bank account + capital deposit required first) |
| Remote Setup | Remote via PoA, manager should visit Hungary for local bank account, Wise/Revolut can be used initially | Bank account required; initial Wise/Revolut possible, but local presence usually needed. |
| Residence Option | Yes | Yes |
| VAT | 27% | 19% |
The figures are indicative and may change. We confirm the current requirements for your case during the free consultation.
