Because of the curfew announced recently many of us are forced to stay at home, our lives had slowed down. It is a time for some people to have brilliant start-up ideas. Fortunately, the law makes founding a company from the comfort of your home available.

Personal presence when founding a company – or asking for a lawyer’s help in most cases – may seem to be essential because of the strict identification rules. Anti-moneylaundering act and the act on attorneys makes identification possible through a camera using the required software. (bluejeans.com, Skype, Skype for Business etc.)

All the client has to do is contribute to the remote identification, present the documents to the camera in a clearly visible way and verbally communicate the details to be recorded. It is important that the client is properly lit so that the lawyer can be sure of the identity of the documents.  The entire process is recorded by a lawyer so that it can be safely retrieved later.

After that, the documents necessary for the formation of the company can be prepared, which signature does not require any personal appearance before a lawyer, it is possible to sign by video. In this case, the client must recognize the signature as their own during the video chat. They must also declare that the content of the deed is the same as your will.

Following this protocol, the documents are ready to be filed with the Company Court without the need for a personal meeting. In addition to the mandatory documents, the company will need a bank account that can be opened at some banks without a personal presence.

This website is maintained by a Hungarian association of lawyers registered at the Budapest Bar Association in accordance with the laws and policies governing Hungarian attorneys which are available together with the information on client rights on the website at www.magyarugyvedikamara.hu.

The materials contained in this website are for information purposes only, and their receipt does not constitute legal advice, or create an attorney-client relationship. You should obtain legal counsel on any particular matter which concerns you.Every effort has been made to ensure the accuracy of the information on this, and linked websites. However, any and all liability which might arise from your use of, or reliance upon, the information or links contained on this website is excluded.

Copyright of the content of this website is owned by Illés & Németh Association of Lawyers