Hungary · company formation
Form a Hungarian Kft for ~EUR 1,500, hire yourself, and get an EU Blue Card. 9% corporate tax + 15% flat personal tax. PR in ~33 months. One of the most cost-effective self-sponsorship paths in the EU.
Who is this for?
Entrepreneurs, freelancers, or remote workers who want to self-sponsor their EU residency through company formation.
Pros
9% corporate tax (lowest in EU)
15% flat personal income tax
PR in ~33 months via Blue Card
Self-sponsorship possible
Low cost of living
Cons
Hungarian language needed for citizenship (8 years)
Must physically visit for bank account
Need to maintain company operations
Currency risk (HUF)
Insider Tips
• Use a lawyer who specializes in Blue Card applications for foreigners
• OTP Bank and Wise Business are good banking options
• Budapest has a thriving digital nomad scene
Income not provided
Assumed clean — update in profile if needed
Must obtain health insurance before/during application
Typical: 45 days (30–90)
Valid 12+ months
From: Passport office · ~14d
Bachelor's or higher, apostilled
From: University · ~14d
Apostilled and translated
From: Police · ~21d · Max 3mo old
Kft registration documents
From: Hungarian lawyer · ~14d
Meeting Blue Card salary threshold
From: Your company · ~1d
Hungarian health insurance or TAJ card
From: Hungarian insurer · ~7d
You keep
€39,900/yr
€3,325/mo
Based on €60,000/yr income
Special Regimes
• KATA small business tax (abolished 2022, limited form remains)
Permanent Residency
After 3 years
• EU Blue Card holders get accelerated PR
Citizenship
After 8 years
Language: Hungarian (B1)
Dual citizenship: Allowed
Last updated: 2025-12-01 · Verified: 2025-12-01 · Always verify with official sources.