Expand your business with CTP in Hungary:

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Why Hungary

EV Hub

With major investments from automotive giants like Audi, Mercedes-Benz, and BMW, Hungary has emerged as Europe’s hotspot for EV manufacturing and plays a vital role in Europe’s electric transition goal to only sell EVs by 2035.

Stable Business Environment
Foreign Investment Friendly

Foreign Investment Friendly

Hungary has strong diplomatic and economic ties with many Asian countries, which simplifies and encourages market entry. These include tax breaks, grants, and subsidies, particularly for investments in high-tech industries, manufacturing, and research and development.

EV Hub
Competitive and Capable

Competitive and Capable

Hungary offers a skilled workforce which is quickly upskilling with several international R&D hubs, while it also offers competitive operational costs.

Foreign Investment Friendly
Favourable Tax Rates for Investors

Favourable Tax Rates for Investors

To stimulate the country’s development, Hungary has very favourable tax schemes, including one of the lowest flat corporate tax rates in Europe at 9%. 

Competitive and Capable
Prime location

Prime location

Bordering Austria, Slovakia, Ukraine, Romania, Serbia and Croatia with excellent air cargo and motorway connections, Hungary is seated at an ideal junction between rapidly industrialising economies of CEE and more mature Western Europe.

Favourable Tax Rates for Investors
Stable Business Environment

Stable Business Environment

Hungary joined the EU in 2004, and is also a member of the UN, OECD, WTO, NATO, IMF and EC, offering a reliable legal framework for business which is essential for long-term investments.

Prime location
EV Hub