Would you like to start your own business in Hungary? We will help you navigate the residency options. Hungary is becoming an attractive opportunity for more and more foreign entrepreneurs to start a business and establish a long-term European presence. If you would like to pursue self-employment in Hungary, in some cases you may be able to apply for a Guest Self-Employment Residence Permit. This form of residence may be relevant for those who wish to carry out their own economic activity in Hungary, for example as a sole proprietor or as part of a business partnership. However, simply establishing a business is not enough for successful administration. The application must be properly prepared and the authenticity of the planned activity and the fulfillment of the conditions specified in the law must be proven.

What is a Guest Self-Employment residence permit?

Guest Self-Employment is a residence permit that can provide third-country nationals with the opportunity to pursue independent employment in Hungary.

The scheme may be of interest primarily to people who:

• they want to run their own business in Hungary;
• they provide independent professional services;
• they want to create a business project;
• they do not want to work within the framework of an employment relationship.

Important: the granting of a residence permit is always based on an individual official assessment.

Who might this opportunity be suitable for?

The guest self-employed residence permit may be of particular interest to:

For entrepreneurs

Those who want to start a company in Hungary or expand their existing business activities.

For freelancers

Those who have their own clientele and provide independent services.

For IT professionals and online workers

Those who work independently of location but would like to establish a presence in Hungary.

For consultants and experts

Those who would like to pursue business activities based on their own professional knowledge.

What type of business can be associated with it?

Choosing the right structure requires individual consideration in each case.

Individual proprietorship

It may be suitable primarily for people who base their activities on their own work.

Examples:

• counseling;
• IT service;
• marketing;
• creative professional activity;
• online services.

Ltd. foundation

For larger business plans, the establishment of a limited liability company may often arise.

This may be appropriate for example:

• in the case of cooperation with business partners;
• when employing employees;
• for longer-term growth goals.

What conditions must be met?

The authority may examine several circumstances when assessing the application.

It may be important, among other things:

•  presentation of the planned self-employment activity;
•  proof of the operation of the business;
•  the existence of adequate financial resources;
•  proof of residence in Hungary
•  valid travel document;
•  providing healthcare;
•  submission of necessary official documents.

Proper documentation and a legally sound request can significantly increase the transparency and predictability of the process.

Why is it worth seeking expert help?

Starting a business and obtaining a residence permit affect several areas of law at once:

• alien police;
• corporate law;
• tax law;
• accounting and administrative issues.

A poorly chosen business form or incompletely prepared documentation can cause delays or problems during the procedure.

How can we help?

Easypermit experts provide full support throughout the process:

•  personalized legal consultation;
•  analysis of suitable accommodation options;
•  support in choosing a business form;
•  legal assistance related to company formation;
•  preparation of documents;

 contact and support during the procedure.