Non-Profit Organisations

We undertake the company registry process for associations, foundations, and also their amendment or conversion.

 

An Association is, typically, an organised body of people who have a purpose in common. An Association operates under its articles of association, and as a legal person, its members shall be held responsible only for the payment of the membership fee.

 

A Foundation is an asset to be used for a specific purpose. The founder shall constitute the Foundation by means of a Foundation Deed.

 

In Hungary, both types of organisations shall be incorporated with the competent Registry Court. It is possible to have organisations registered as public benefit or prominent public benefit organisations, which shall entail significant tax advantages and access to support resources