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Hungary: Types of Company

Limited Liability Company (KFT)

  • The members do not bear liability for the obligations of the company;
  • The liability of the members to the company is only their capital contributions;
  • The members may not be recruited through public offerings;
  • The minimum capital is HUF500,000, and may also be established with in-kind contributions only;
  • Limited liability companies have legal status.

 

 

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