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Hungary: Types of Company

Limited Partnership (BT)

  • A limited partnership must have at least one general partner and at least one limited partner;
  • There is no minimum initial capital requirement to set up a company;
  • The general partner's liability is unlimited for the partnership's obligations;
  • The liability of the sleeping partners is limited up to the incidence of the subscribed capital;
  • The limited partnership form has no legal status.

 

 

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