Hungary: Types of Company
Limited Partnership (Bt.)
This page was last updated on 26 November 2019.
A limited partnership (Hungarian: betéti társaság or ‘bt.’) does not have legal status. The partnership must have at least one general partner and at least one limited partner. The general partner’s liability for the partnership’s obligations is unlimited, while limited partners are only liable up to the amount of their capital contributions. There is no minimum initial capital requirement to set up a limited partnership.