During the period of coronavirus pandemic, we here in the LAVECO Ltd realized, that the clients are looking for solutions, where the company formation and the bank account opening can be done without a personal visit. We have started to sort out such a possible solution. As the corporate industry had only a few options, before the pandemic time, we had to work in a rush, to find such a suitable jurisdiction and the related banks also.
Today, we are glad to say, that there is a jurisdiction, which works. At the time being, Hungary is the country, where we can establish – without a personal visit of the owners to Budapest – a company. We found a solution for the opening of a bank account in Hungary, with a Hungarian director and signatory on the bank account, which means, that the new Hungarian company with a bank account, even in USD, can be set up within 2-3 weeks. And what can be also important, the company is with a valid EU VAT number, ready to start immediately.
Today, where the rapid reactions are important in the pandemic situation, the solution, provided by LAVECO Ltd is really unique in the corporate market.
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LAVECO Ltd. was established in 1991, in Hungary, and since then has been registering and administering companies in Hungary and other countries, opening bank accounts and providing services related to the support of the companies it has registered.