Payroll in Austria is a tax imposed on the municipal level to which the employer is subject to. This is just one of the taxes payable by companies in the country and, in many cases, business owners will choose to outsource the management of payroll (the tax, as well as the…
Startups are among the most employed types of enterprises all over Europe and Austria makes no exception. The flexibility, innovation and the easiness in register a business in Austria provide young and seasoned entrepreneurs the necessary tools to launch successful companies on the background of a solid economy. If you are interested in…
Foreign investors who want to enter the Austrian market can do so by registering a new company or by buying a ready-made company, also known as a shelf company. The ready-made company is registered and kept “on a shelf” until it is sold. Another characteristic of the Austrian shelf company is that it can be kept until it…
The value added tax (VAT) is one of the most important taxes applied by the Austrian Government. It is regulated by the VAT Act and it is administered by the Ministry of Finance. The VAT is an indirect tax as it is imposed on Austrian companies and collected from the buyers of goods or services. Foreign investors opening…
Establishing a branch in Austria (Zweigniederlassung Osterreich) or a branch in Vienna (Zweigniederlassung Wien) is not a very difficult process. The Austrian government is trying to encourage foreign investments by having just a few registration requirements and not having a discriminatory policy for foreign investors. A branch in Austria, even though is not considered a legal…
When a foreign investor comes in Austria with a clear thought of investing in a new company, he must be aware of all types of companies that are available. Only after analyzing all the structures, he can decide about setting up a company in Austria. Our company formation agents in Austria can offer…
An investor who wants to open a company in Austria can select the GmbH when opting for a small business in 2024. The GmbH is equivalent to the LLC found in other jurisdictions. The registration and operation of a GmbH in Austria are governed by the GmbH Act (GmbH-Gesetz – GmbHG). GmbHs are permitted to…
Austria is considered one of the most attractive countries for setting up a holding company. Moreover, Austria is considered by many foreign investors “the ideal holding company location” because of the tax advantages this type of structure offers. Among the benefits an Austrian holding company offers refer to taxation. Our company registration agents in Austria can offer a…
Austria is known for its financial industry which is one of the most developed economic sectors in the country. One of the best examples is the banking sector, as numerous Austrian banks have expanded in many other European countries through branch offices and which are some of the most important contributors to the country’s Gross Domestic…
Since 1995 when it joined the European Union, Austria has rapidly ascended as one of the most powerful economies in Europe and one of the most industrially developed countries in the world. Foreign companies with branch offices and subsidiaries in Austria have contributed to the expansion of the country’s economy indicating that foreign investors are…
