Hungary · Requirements and documents

Business account requirements and documents in Hungary

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson · Last reviewed 23 January 2026
Snapshot

To open a business account in Hungary you generally need the company itself in place first, then its registration and identity documents. As of 23 January 2026, banks typically ask for the company registry number and tax number, the articles of association, identity for directors and beneficial owners, proof of address and a description of the business activity. Documents issued abroad usually need an official Hungarian translation. Digital providers such as Wise Business and Revolut Business ask for a similar core set and verify it in the app.

Company identity
Company registry number, tax number and articles of association
People
Identity documents for directors and beneficial owners
Activity and address
Description of business activity, proof of address, sometimes a business plan
Foreign documents
Usually an official Hungarian translation, as of 23 January 2026. Verify with the provider.
Fees and features as of 23 January 2026Last reviewed 23 January 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Opening a business account in Hungary starts with the company being registered, then proving who owns and runs it and what it does. As of 23 January 2026, a typical bank asks for the company registry number and tax number, the articles of association, identity documents for directors and beneficial owners, proof of business address and a description of the activity, and often source of funds. Documents issued outside Hungary usually need an official Hungarian translation. Digital providers such as Wise Business and Revolut Business ask for a similar core set and verify it through the app. Confirm the exact current list with the provider before you apply.

What you need to open a business account in Hungary

A business account in Hungary is opened for a registered entity, so the documents fall into three groups, the company, the people behind it, and the activity. Banks use these to confirm the business is real, to identify its owners, and to meet anti money laundering rules. The exact list varies between a traditional bank and a digital provider, and foreign documents add a translation step.

Company documents

As of 23 January 2026, expect to provide the company registry number, the tax number, and the articles of association or deed of foundation. A newly formed company provides its registration from the company court, and a branch of a foreign company provides its parent documents. Confirm which originals or certified copies the provider needs.

Identity and activity

As of 23 January 2026, banks ask for identity documents for directors and beneficial owners, proof of the business address, and a description of the activity, and may ask for a short business plan or source of funds for higher risk activities. Documents issued abroad usually need an official Hungarian translation, and sometimes notarisation. Verify the current requirements with the provider, since they vary by bank and by business type.

What to check before you apply

Before applying for a business account in Hungary, confirm these points, as of 23 January 2026. Verify with the provider

  • Whether documents must be originals, certified copies, or app uploads, and whether translation is required.
  • Which people must be identified, including all beneficial owners above the ownership threshold.
  • Whether a business plan or source of funds evidence is needed for your activity.

How to prepare your documents

  1. Confirm the company is registered and you have the company registry number and tax number.
  2. Gather identity documents for every director and beneficial owner, plus proof of address.
  3. Arrange any required Hungarian translations, then confirm the current list with the provider before applying.

Compare business accounts available in Hungary

These providers offer business accounts to customers registered in Hungary. Fees and eligibility shown as of 23 January 2026. Confirm current terms with the provider before applying.

Compare business accounts →

Questions about business banking in Hungary

What documents do I need to open a business account in Hungary?
As of 23 January 2026, a typical bank asks for the company registry number and tax number, the articles of association, identity documents for directors and beneficial owners, proof of business address and a description of the activity, and sometimes a business plan or source of funds. Documents issued abroad usually need an official Hungarian translation. The exact list varies by provider, so verify it before applying. This is general information, not advice.
Do I need a tax number before opening an account?
Generally yes. As of 23 January 2026, a Hungarian business account is opened for a registered entity, so you usually need the company registry number and tax number in place first. A newly formed company receives these on registration. Confirm with the provider whether anything else is needed before opening.
Do foreign documents need to be translated?
Usually. As of 23 January 2026, documents issued outside Hungary, such as a foreign certificate of incorporation or passport, typically need an official Hungarian translation, and sometimes notarisation, for a traditional bank. Digital providers may accept app uploads in some cases. Confirm the translation and certification rules with the provider.
Are the requirements different for a neobank?
The core set is similar, but the process differs. As of 23 January 2026, Wise Business and Revolut Business ask for company, identity and activity details and verify them in the app rather than in a branch, while a traditional bank may want certified originals and an in person visit. Verify the exact requirements with the provider you choose.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 23 January 2026. Confirm current terms with the provider before applying.

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