Cég

Cég is a Hungarian term that denotes a legally registered business entity or organization that conducts economic activities. In everyday language it is used to refer to the company as an entity, and in official contexts it can mean the legal form itself or the company name (cégnév).

In Hungary, business associations are regulated primarily by the Companies Act and related civil-law provisions. The common forms include Korlátolt Felelősségű Társaság (Kft.), a limited liability company; Részvénytársaság (Rt.), including the publicly traded Nyilvánosan Működő Részvénytársaság (Nyrt.); Közkereseti Társaság (Kkt.), a general partnership; Betéti Társaság (Bt.), a limited partnership; and the egyéni vállalkozó, a sole proprietor.

Registration and transparency: Companies are registered with the court of registry (cégbíróság) and appear in the cégjegyzék, the company register. Information publicly available includes the legal form, registered office, share capital or equity, and the names of persons authorized to act for the company. The company name must be unique and compliant with naming rules; changes require registration.

Beyond formation, cég operations involve accounting and reporting obligations, taxation, and corporate governance. The term 'cég' thus covers both the legal entity and the business activities it conducts, and it is central to Hungarian commercial law and economic life.