Fiduciary Services

Apelso provides its clients a variety of fiduciary services, which includes corporate secretary and registered office services, accounting and tax consulting, amongst others:

 

  • Holding management services including seat provisioning
  • Accounting services
  • Tax consulting
  • Licensed trustee services
  • Protector services

 

Corporate Secretary and Registered Seat Services

A holding company requires little administration; however, it will have to have a registered seat in Hungary and meet the administrative and taxation requirements set by law. We provide holding companies with a registered seat and assure that all administrative, compliance and taxation obligations are met in a timely manner.

 

Accounting and tax consulting

Holding companies must have proper accounting and keep an eye on the changes of tax legislation. We help our clients meet these requirements through our accounting and tax consulting partner firms.

 

Protector services

Many Hungarian trust arrangements provide for the appointment of a protector to oversee the discharge of duties of the trustee. The protector is usually a confidante of the settlor or the beneficiaries, as the case may be, and assures that the trustee in all cases acts in the best interests of the beneficiaries, as set out in the relevant trust instrument. In the event we are not acting as trustee, we are happy to serve our clients as protector and keep a watchful eye on the trustee.