Hungary: Types of Company
Limited Liability Company (Kft.)
This page was last updated on 26 November 2019.
A limited liability company (Hungarian: korlátolt felelősségű társaság or ‘kft.’) has legal status and members do not bear liability for the company’s obligations. Members’ liability is limited to their capital contributions. Members may not be recruited through public offerings. The minimum start-up capital is HUF500,000 (approx. US$1,640), which may also be established with in-kind contributions only.