| GENERAL |
KFT
|
RT
|
Type of Company
|
KFT |
RT |
Language of Name
|
Hungarian |
| Minimum Number of Shareholders |
One |
One |
Minimum Number of Directors
|
One |
One |
| Corporate Directors Permitted |
No |
No |
Company Secretary Required
|
No |
No |
Standard Authorised Share Capital
|
HUF 500,000 |
HUF 5,000,000 |
Local Directors
|
No, but advisable for maintaining Hungarian tax residency |
No, but advisable for maintaining Hungarian tax residency |
| Director's Meetings |
Anywhere, but advisable in Hungary for maintaining Hungarian tax residency |
Anywhere, but advisable in Hungary for maintaining Hungarian tax residency |
Government Registry of Directors
|
Yes |
Yes |
Government Registry of Shareholders
|
Yes |
Yes / No |
Annual Return
|
Yes |
Yes |
Submit Accounts
|
Yes |
Yes |