Incorporate a Transportation Company

When setting up a transportation company in Hungary, you should be aware of the procedures involved in order to find the best and most cost-effective providers on the market, and decide on how to proceed with starting operation. Naturally, we provide all you need as part of our various packages.

You know what you want, but not sure how to get started and what to watch out for? Check out our short summary videos, and explore our industry specific calculator to get up to speed in no time.

Regulatory requirements

Your Hungarian transportation company will have to comply with various regulations in order to secure the safety of your employees and the quality of your service. For example, operations must be managed by a qualified person who has the right certificate, the drivers must be certified to do their job, and your vehicles must have a Hungarian license plate. Learn more from the video.

HR and recruitment

Dealing with human resources is more than just finding the right people for the right job, you also have to retain them: the more predictable and stable a job is, the more chance you have for that. You must also make sure that the labor contract, the salary and the working conditions meet regulatory requirements as well as being appropriate for the position. Learn more from the video.

Transport profit calculator

Based on the net yearly sales you are aiming for, you can calculate your expenses and your profit as well as the amount you should invest in order to reach your goals.

In the first column you see calculations in case your company handles everything: leasing vehicles, employing drivers, and supplying the resources needed to perform each job (e.g. petrol, maintenance services, etc.). In the second column, you see calculation in case only operational management and sales are handled by your company, while performing tasks is outsourced to a separate provider.

The margin for each is a conservative estimate; with the right employees, partners, and experience, it can be even higher than that indicated.

Transport (own equipment and personnel)
Haulage (fully outsourced)
Net Sales
Direct expenses
– Staff expenses
– Raw materials
– Leasing
– Contractor fees
Direct profit
Overhead expenses
Profit before taxes
Corporate tax
Local tax
Profit after taxes
Dividend tax related tax and social charges
Potential dividend
Overall margin
Capital requirement and cash flow:
Capital requirement for start-up (magnitude: 2 months OPEX)
Additional financing requirement (bank loan or cash reserve) for liquidity during start-up