Registration of a Closed Joint-Stock Company (Zrt.) in Hungary

Zártkörűen működő részvénytársaság - a closed joint-stock company with a minimum share capital of HUF 5 million. This legal form is designed for medium and large-scale businesses.

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Zrt. (Zártkörűen működő részvénytársaság) is a closed joint-stock company and one of the most sought-after corporate legal structures for medium and large enterprises in Hungary. This format is well-suited for businesses that require a robust corporate governance framework, transparent asset structures, and the ability to attract investment.

IST Hungary offers professional support throughout the entire Zrt. registration process.

Why entrepreneurs choose Zrt. incorporation

The Zrt. provides a stable corporate structure based on share capital. Key advantages of this legal form include:

01
Minimum share capital – HUF 5 million (Hungarian forints)
02
Ability to bring in external investors through the issuance of shares
03
Clear separation of liability between shareholders and management
04
High level of credibility with counterparties and financial institutions

The Zrt. is frequently chosen for managing industrial assets, holding structures, export-oriented projects, and technology-driven enterprises.

Steps for registering a Zrt. with the support of IST Hungary

We manage the full cycle of administrative formalities. The main steps are outlined below.

1.
Selection of company name and registered office

We check the uniqueness of the proposed corporate name in the Hungarian company registry and assist in selecting a registered office that complies with the legal requirements for a Zrt.

2.
Preparation of the registration documents

Our team compiles the required set of documents in Hungarian. A standard package includes:

  • the articles of incorporation or bylaws;
  • the resolution appointing the executive bodies;
  • a list of shareholders indicating their shareholdings;
  • the registration application in the prescribed form.

All documents undergo preliminary review to ensure compliance with Hungarian legislation.

3.
Filing the application with the Court of Registration (Cégbíróság)

We submit the electronic version of the application and, if required, the paper version to the competent registration court. The review period ranges from 5 to 15 business days, provided that the full set of documents is complete.

4.
Obtaining the registration number and tax identification number

Once the Zrt. is entered into the corporate register, we provide the client with:

  • the company registration number (cégjegyzékszám);
  • the tax identification number (adószám);
  • an electronic extract from the company register.
5.
Opening a bank account and depositing the share capital

IST Hungary assists in selecting a bank for depositing the minimum share capital of HUF 5 million (or more). We coordinate the capital contribution process and obtain the bank confirmation required to finalise the registration.

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Timeline and cost of support services

The standard turnkey registration timeline for a Zrt. with IST Hungary is 3 to 4 weeks. This period may be extended in cases involving complex ownership structures or the need to translate constituent documents.

The cost of our services depends on the scope of work. We provide a customised commercial proposal following an initial consultation. The fee includes:

  • name and address verification;
  • preparation and translation of documents into Hungarian;
  • submission of the application and communication with the court;
  • obtaining the registration details;
  • coordination of the bank account opening process.

Bank fees, state duties, and notarial certification are payable separately.

Who benefits from Zrt. registration with IST Hungary

Our support services are designed for:

  • international companies establishing a subsidiary in Hungary;
  • Hungarian entrepreneurs transitioning from a Kft. (limited liability company) to a Zrt.;
  • investors planning a share-based structure with multiple participants;
  • industrial and technology projects with an annual turnover of HUF 100 million or more.

We do not provide legal opinions or handle accounting. Our role is to ensure clean, fast, and transparent administrative support throughout the registration process.

Frequently Asked Questions about Zrt.

Can a Zrt. be registered with a single shareholder?

Yes, a Zrt. may be established by a sole founder – either an individual or a legal entity.

Is personal presence in Hungary required for registration?

In most cases, the signing of constituent documents can be carried out through an authorised representative. IST Hungary arranges remote procedures using electronic signatures or notarised powers of attorney.

What are the risks involved in registering a Zrt.?

The main risks stem from errors in documentation or incorrect selection of business activity codes. Our support minimises these risks through thorough verification of all forms prior to submission.

How does a Zrt. differ from a Kft.?

A Zrt. requires a higher minimum share capital (HUF 5 million vs. HUF 3 million for a Kft.) and operates with a governance structure comprising a board of directors and a general meeting of shareholders. A Kft. is simpler to administer but is less attractive to external investors.

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