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From Hungary · Europe

Start a US company from Hungary

For Hungarian founders who sell into the US as a US vendor or raise from US investors. A Hungarian Kft already gets you Stripe, and Mercury and Wise Business both serve founders here. The US–Hungary treaty has ended, and a US company managed from Hungary is Hungarian-resident, so read that section first.

Start from Hungary From $351.40 in the first year

Launch + Wyoming filing; the tax return is separate.Checked by Saais Patel, compliance reviewer.

At a glance

Mercury takes applications from founders living in Hungary. Wise Business is the usual second account.

The banks, in detail
US tax treaty
Ended
Local Stripe
Yes
Mercury
Yes
Currency
HUF
Our fee
from $249
Wyoming's fee
$102.40
Until we file
Refunded in full

You can form a US company while living in Hungary, without an SSN or a US visit, and Mercury and Wise Business both open for founders here. Launch starts at $351.40 in Wyoming, including our plan and state filing fee. A Hungarian Kft already gets you Stripe, so the reason is usually US customers or investors. The Hungarian points: the US treaty has ended, and a company managed from Hungary is Hungarian-resident at 9%.

Before you form

Start with whether you need a US company, now the treaty has ended.

  • You may not need a US company

    Card payments from customers worldwide

    Stripe already supports Hungarian businesses, and a Kft is what Hungarian banks and the tax authority understand.

    Getting access to Stripe
  • A Wyoming LLC or a C-Corp, after advice

    Selling into the US as a US vendor

    Some US buyers and platforms want a US contracting party. Managed from Hungary, either is Hungarian-resident.

    US companies for SaaS
  • A Delaware C-Corp, knowing the treaty has ended

    Raising from US investors

    US investors usually want a Delaware C-Corp. Its dividends to you are withheld at 30% without a treaty.

    Raising from US investors
  • A US subsidiary

    A Hungarian company expanding to the US

    A Hungarian Kft can own a US company as its subsidiary. The CFC rules then apply to the Kft, so ask first.

    US holding companies

BaseAcross's Wyoming LLC and Delaware C-Corp options for founders in Hungary

Wyoming LLC

Owner-run business selling to US customers, after advice.

State filing
$102.40
Yearly state charge
From $60
Wyoming LLC formation

Delaware C-Corp

Raising from US investors; dividends withheld at 30%.

State filing
$110
Yearly state charge
$450 for the model shown
Delaware C-Corp formation

Both charges are the state's, before our plan, optional services and your advisers' fees. Wyoming sets a minimum yearly charge, and Delaware's franchise tax depends on how it's calculated. Staff, stock or premises in another state can bring obligations there. An S-corporation isn't an option, because nonresident aliens can't hold its shares.

Prepare the information

Different documents are needed at different stages.

You provide

Before state filing

  • Your proposed company name, business activity and chosen structure.
  • Owners' names exactly as on their passports, ownership shares, managers and home addresses.
  • Where the company will be managed from, because Hungary's residence test asks.
  • The approved company name and formation details.
  • The responsible party. Without an SSN or ITIN, the application goes on Form SS-4.
  • Accurate mailing and principal business addresses, and your signed authorization where required.
You confirm; we prepare

After formation, for the EIN

  • A passport for each owner the provider asks about.
  • Formation documents, the EIN confirmation and the operating agreement.
  • A real business address, your website, a description of the business and the source of funds, as each provider asks.
The provider verifies

For bank and payment applications

  • Your annual return, with any dividends from the company.
  • A record of where the company is managed from.
  • Any US tax withheld, for your adviser to assess.
You and your tax adviser

For the National Tax and Customs Administration

You don't need a Hungarian company to form a US company. The EIN is the US company's tax ID. Send identity documents through a secure request, and only the ones asked for.

How it works

Seven steps from Hungary to a maintained US company.

The state approves the company, the IRS issues the EIN and each provider approves its own account. In Hungary, your tax adviser handles the tax authority; we don't file there.

You and your tax adviser

Check the Hungarian side first

Decide whether you need a US company at all, where it will be managed, and how its profit will reach you without a treaty.

You leave this stage with: A structure and tax plan that fits Hungary's rules.

01 / 07

Plan the wait

Formation, the EIN and banking have separate timelines.

Published service estimates and prerequisites for a Wyoming company from Hungary

  1. Wyoming formationSame day
  2. Ordinary EINsix to eight weeks
  3. Expedited EINtwo to three weeks
  4. Bank and payment accountsProvider review
  5. US Stripe accountStripe's review

  1. Wyoming formation

    Same day

    The clock starts
    Complete filing accepted by the state
    What can change it
    Our order checks and filing batch come first. Expedited filing changes our queue; it doesn't speed up the EIN.

  2. Ordinary EIN

    six to eight weeks

    The clock starts
    EIN application after formation
    What can change it
    Included in the plan. This is our published estimate; the IRS queue can change.

  3. Expedited EIN

    two to three weeks

    The clock starts
    EIN application after formation
    What can change it
    Optional $199 service. An estimate, with issuance controlled by the IRS.

  4. Bank and payment accounts

    Provider review

    The clock starts
    Company and owner information ready
    What can change it
    Mercury, Wise and any other provider set their own timing, may ask for more documents and can decline an application.

  5. US Stripe account

    Stripe's review

    The clock starts
    US bank account and website ready
    What can change it
    Stripe reviews the business and the person behind it, and can decline.

These are service estimates, not promised completion dates. The IRS and each provider set their own processing times. Names or addresses that differ between documents slow every stage.

What it costs

The same price from Hungary as from anywhere.

Charged in US dollars, with the Wyoming state fee passed on at cost. Where you live changes which bank we introduce you to, not the price.

LLC cost calculator

Launch

To start

$351.40

$249 our fee + $102.40 Wyoming fee

Renews from $309 a year

OperateBilled yearly

To start

$2,490.40

$2,388 our fee + $102.40 Wyoming fee

Renews from $2,448 a year

Included in both plans

  • State formation filing
  • Registered agent and registered office
  • EIN application without an SSN
  • LLC Operating Agreement or corporate bylaws
  • Bank and payment application guidance
  • Filing calendar and reminders

What changes because you live here

The filing is the same from anywhere. Four things aren't.

Treaty status, payment availability, bank eligibility and time zones. Sources checked 14 October 2026; account approval remains with the provider.

1 of 4: The tax treaty

The tax treaty

The tax treaty: Ended

The US–Hungary income tax treaty was terminated and stopped applying to US withholding on payments from 1 January 2024.

US-source dividends, interest and royalties paid to you are now withheld at 30% unless a US exemption applies. Pay for work you do in Hungary generally isn't US-source income, so nothing is withheld on it.

How Hungary sees it

Managed from Hungary, a US company is Hungarian, and the treaty is gone.

The treaty's end comes from the IRS; residence, the rates and dividends from PwC's summary. They run alongside the US steps below.

  1. If it's managed from here

    The company

    Hungarian-resident, with corporate tax at 9%.

  2. When it pays you a dividend

    You

    15%, plus 13% social tax up to a cap, on your annual return.

  3. If a US corporation pays you

    You

    30% US withholding first, with no treaty to cut it.

Worked example

A one-person LLC run from Budapest, worked through

This is an illustration, not a quote. How Hungary classes the LLC, and what credit is left for US tax, are for your tax adviser.

  1. Your Wyoming LLC makes HUF 30,000,000 of profit, and you manage it from Budapest.

  2. Its place of effective management is in Hungary, so it's Hungarian-resident, and corporate tax at 9% is HUF 2,700,000.

  3. Paying the remaining HUF 27,300,000 to you as a dividend costs 15%, or HUF 4,095,000, plus any social tax up to the cap.

  4. If it were a US corporation paying you instead, the US would withhold 30% first, with no treaty to reduce it.

What Hungary expects

Owning a US company doesn't take you out of Hungary's tax system.

Hungary treats a company effectively managed there as resident at 9%, taxes dividends at 15% plus social tax, and no longer has a treaty with the US.

The treaty has ended

The US–Hungary treaty was terminated. It stopped applying to US withholding on payments from 1 January 2024, and to other taxes for periods from that date.

Sources

Where it is managed

A foreign company is Hungarian-resident if its place of effective management is in Hungary. It then pays corporate tax at a flat 9%.

Sources

Dividends

Dividends are taxed at 15%, plus 13% social tax up to a low cap, and go on your annual return. The credit for foreign withholding is described for treaty countries, and the US no longer is one.

Sources

Controlled foreign companies

Hungary's CFC rules are written for a Hungarian taxpayer entity holding more than 50% of a foreign one that pays less than half Hungary's tax.

Sources

Residence

Hungarian nationals are resident. Others are resident through a permanent home, their centre of vital interests, or 183 days in a calendar year, depending on their status.

Sources

On the record

We form US companies. We aren't Hungarian tax advisers. These are the rules as they're generally published, they change, and how they apply to you depends on details this page can't know. Take this list to a tax adviser in Hungary before you order, and we'll tell you what the US forms need.

After formation

Someone has to own each filing, in each country.

US information reporting

A US LLC with one foreign owner is usually a disregarded entity that files Form 5472 with a pro forma Form 1120 when it has reportable transactions with you. Money you put in, take out or are paid for your work can count even in a year without sales. The IRS penalty for not filing starts at $25,000.

For a calendar-year company, the return is usually due 15 April, and Form 7004 requests an extension before then. A C-Corp, or an LLC with more than one owner, files different returns.

Form 5472 and the pro forma 1120

State and Hungarian checks

Keep the registered agent active and track the state's yearly charge. In Hungary, declare dividends on your annual return, and expect corporate returns if the company is managed here.

US-created companies are exempt from BOI reporting under FinCEN's current rule, effective 14 August 2026. Banks and payment providers still verify who owns the company.

Who handles each formation, banking and filing responsibility
TaskWho handles itWhere the responsibility ends
Formation and EIN applicationBaseAcross prepares and submitsThe state approves formation; the IRS issues the EIN.
Bank and payment applicationsYou, with our guidanceThe provider verifies the information and decides.
Hungarian returnsYou and your tax adviserWe provide the US company records they need.
Annual state filingYou, or our optional filing serviceReminders are included; managed filing and the state charge are separate.
US federal returnsYou and your US tax preparerLaunch and Operate remind you; they don't file the return.

Prepare the conversation

Take these questions to your tax adviser before you order.

Bring the owners, where each lives, the operating agreement, where the company will be managed and the business activity. Each question is also in Hungarian.

Download the checklist for your tax adviser (.txt)
  1. 01
    EN

    Would my US LLC's place of effective management be in Hungary, making it resident and taxed at 9%?

    HU

    Az amerikai LLC-m tényleges üzletvezetésének helye Magyarországon lenne, így itt 9%-os társasági adóval adózna?

  2. 02
    EN

    How does Hungary class my US LLC: as a company or as transparent?

    HU

    Hogyan minősíti Magyarország az amerikai LLC-met: társaságként vagy átláthatóként?

  3. 03
    EN

    How are dividends from it taxed, and does the 13% social tax apply?

    HU

    Hogyan adóznak a tőle kapott osztalékok, és kell-e fizetni a 13%-os szociális hozzájárulási adót?

  4. 04
    EN

    With the treaty ended, what credit is there for US tax withheld?

    HU

    Az egyezmény megszűnése után milyen beszámítás jár az Egyesült Államokban levont adóért?

  5. 05
    EN

    Do the CFC rules matter if a Hungarian company owns it?

    HU

    Számítanak-e az ellenőrzött külföldi társaságra vonatkozó szabályok, ha egy magyar cég a tulajdonosa?

  6. 06
    EN

    Would a Hungarian Kft serve me better than a US company?

    HU

    Egy magyar Kft. jobban megfelelne nekem, mint egy amerikai cég?

  7. 07
    EN

    How should I keep records for the US return and my Hungarian return?

    HU

    Hogyan vezessem a nyilvántartást az amerikai bevalláshoz és a magyar bevallásomhoz?

Questions

Questions from Hungary.

If yours is not here, email us at hello@baseacross.com before you order.

Can a Hungarian resident own a US LLC?

Yes. US law doesn't require an LLC's owners to be US citizens or residents, and formation, the EIN and the bank applications all happen remotely. The Hungarian questions are where it's managed and how its profit reaches you without a treaty.

Is there still a US–Hungary tax treaty?

No. It was terminated and stopped applying to US withholding on payments from 1 January 2024, and to other taxes for periods from that date. US-source dividends, interest and royalties paid to you are now withheld at 30% unless a US exemption applies.

Can Hungary tax my US company as Hungarian?

It can. A foreign company is Hungarian-resident if its place of effective management is in Hungary. It then pays corporate tax at a flat 9%.

How are dividends from the company taxed in Hungary?

At 15%, plus 13% social tax up to a low cap, on your annual return. The credit for foreign withholding is described for treaty countries, and the US no longer is one, so ask your adviser what credit is left.

How much does a US company from Hungary cost?

Launch starts at $351.40: $249 for the plan plus $102.40 for the Wyoming filing. The plan and Wyoming's minimum yearly charge then total $309 a year. Your tax adviser's fees, US return preparation and Hungarian filings are separate. Wyoming's license tax can be more than its $60 minimum.

Should I form a Wyoming LLC or a Delaware C-Corp from Hungary?

A Wyoming LLC suits an owner-run business selling to US customers, once you know how Hungary will tax it. A Delaware C-Corp suits raising from US investors, though its dividends to you are withheld at 30% without a treaty. Nonresident aliens can't hold shares in an S-corporation.

Can I get an EIN without an SSN or ITIN?

Yes. Without an SSN or ITIN, the application goes on Form SS-4 instead of the IRS's online tool. We prepare it after the company is formed, and the IRS issues the number.

How long does it take from Hungary?

Each stage has its own clock. Wyoming's published turnaround is same day once a complete filing is accepted. Our ordinary EIN estimate is six to eight weeks after the application, or two to three weeks with the $199 expedited option. Banks, payment providers and Stripe each set their own review times. These are estimates, not promises.

Can I open a Mercury account from Hungary?

Usually you can apply. Hungary isn't on Mercury's list of countries it doesn't serve, and the list goes by where you live. Mercury still reviews each company and can decline.

Can I use Wise Business for the US company?

Usually, yes. Hungary is on Wise's list of places where people can hold money, so a US company run from Hungary can get USD account details. Wise reviews each business.

Do I need a US company for Stripe in Hungary?

No. Stripe supports businesses in Hungary, and a Kft gets you Stripe too. A US company is for selling as a US vendor, US contracts, US investors or platforms that need one.

Do I pay US tax on work I do from Hungary?

Generally not. Pay for work you do in Hungary is generally not US-source income, so a US company with no US office or staff often owes no US income tax on it. A single-owner LLC still files Form 5472 with a pro forma Form 1120 when it has reportable transactions with you.

Does BaseAcross file the US and Hungarian returns for me?

On Launch and Operate, we add deadlines and reminders; you or your accountant file the federal returns. Managed annual state compliance is an optional $149 service fee a year, with the state's charge separate. Your Hungarian returns are for you and your tax adviser.

Does my new US LLC need a BOI report?

US-created companies are exempt under FinCEN's current BOI rule, effective 14 August 2026. A company formed outside the US and registered to do business there is a different case. Banks still collect ownership details for their own checks.

Sources and editorial scope

Check the published rules behind the explanation.

Prepared by the BaseAcross team and reviewed by Saais Patel, compliance reviewer. Sources checked . This is general formation information, with source links for the tax and banking context. An individual tax or legal review remains with your qualified advisers.

Hungary

United States (IRS, Treasury and FinCEN)

Banks and payments

States

The treaty's end is read from the IRS's own treaty page. Residence, the rates, dividends and the CFC rules come from PwC's Worldwide Tax Summaries. Confirm the current position with your tax adviser before acting.

Europe

Other countries in the region.

Every country

Ready when you are

Answer the questions. We do the filing.

It takes about four minutes. You see the whole order, state fee included, before anything is charged.

Compare the plans

Your company's route

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From

Budapest

Hungary

To

Wyoming

LLC · Cheyenne, WY

Plan
Launch
First year
$351.40
To order
10 steps
Start from Hungary

Launch · $249 + $102.40 Wyoming · Same day