kft is a type of business structure commonly found in Hungary, known as a limited liability company. It allows for a flexible management structure and limits the liability of its owners, meaning they are not personally responsible for the company's debts beyond their investment. This makes it an attractive option for entrepreneurs and small businesses. In a kft, the owners, called members, can be individuals or other companies. The company must have a minimum registered capital, and its operations are governed by the Hungarian Civil Code. This structure is popular for its ease of formation and management, making it a preferred choice for many startups in Hungary.