Home/From your country/Hungary
From Hungary · Europe
Hungarian founders form US companies for American customers and investors, since Stripe already works at home. Hungary lost its US tax treaty in 2024, and with Croatia it's one of two EU countries without one, which raises the US tax withheld on dividends, interest and royalties.
Mercury opens accounts remotely for founders living in Hungary. The banks, in detail.
From
Hungary
··:··UTC+2
To
Cheyenne, Wyoming
··:··UTC−6
01What changes because you live here
The tax treaty, whether Stripe will take you, which banks will open an account, and the time difference. Each was checked against its source in September 2026.
The tax treaty
Ended
The United States ended its income tax treaty with Hungary, so treaty rates no longer apply. Dividends, interest and royalties from US sources are withheld at the standard 30%. The United States ended the treaty with effect from 2024.
Stripe
Available locally
Stripe takes businesses registered in Hungary, so you don't need a US company to use it. A US LLC gets you a US Stripe account instead, paid out in dollars to a US bank, which helps when most of your customers are American.
Banking
Mercury available
Mercury opens accounts remotely for US companies whose founders live in Hungary. It asks for the EIN, the formation documents, your passport, a real business address and a description of the company's existing or planned US operations. Relay asks a non-US owner for a US address, an ITIN or Social Security Number and a US operating presence, so it rarely suits a founder living in Hungary.
The time difference
UTC+2
New York is 6 hours behind Hungary in summer. Everything we do is in writing, through your dashboard and email, and we reply within one business day, so the time difference rarely slows anything down.
Checked in September 2026 against the IRS list of tax treaties, Stripe's country page, and Mercury's and Relay's published country lists. If something here has changed, email us and we'll correct it the same day.
02What Hungary expects
Hungary taxes its residents on income from anywhere in the world. Whether the LLC's profit counts as yours as it's earned, or only when you take it out, depends on how Hungary treats a US LLC, and that's a question for a local tax adviser.
What founders here build
04What it costs
Charged once, in US dollars, with the Wyoming state fee passed on at cost. Where you live changes which bank we introduce you to, not the price.
Extras are optional, and the order form asks about each one with its price. Filing yours ahead of our next batch costs $75, and we email you before anything renews. Delaware, and every extra with its price, are on the pricing page.
05Questions
If yours is not here, email us at [email protected] before you order.
Yes. The United States doesn't require an LLC's owners to be US citizens or residents. You'll need a registered agent in the state, which every plan includes, and your passport for the bank. The filing is the same wherever you live. What changes is the tax treaty, the payment processors and the banks, which this page covers.
No. The filing, the EIN, the operating agreement, the bank application and the payment processors are all handled online. You don't need a visa or a trip.
The United States ended its income tax treaty with Hungary, so treaty rates no longer apply. Dividends, interest and royalties from US sources are withheld at the standard 30%. The United States ended the treaty with effect from 2024.
You don't need one for Stripe, because Stripe already takes businesses in Hungary. A US LLC gives you a US Stripe account paid out in dollars to a US bank, which some founders prefer when most of their customers are American.
Europe
Ready when you are
It takes about four minutes. You see the whole order, state fee included, before anything is charged.
Compare the plansCompany name
LLC · WYName checked first · Same business day
Start a companyStandard$499 + $102.40 WyomingSame day