A virtual office is a service offered by our company formation agents in Austria that allows companies to retain a physical address in the country, without the need for permanent presence at the said location. Just like any other service, it can be tailored to the specific needs of the client. Quick Facts …
The importance given by the Austrian government to the foreign investments is the reason why so many double tax treaties were signed. The double tax treaties regarding income and capital were signed over the years with: Albania, Algeria, Argentina (not available anymore), Armenia, Azerbaijan, Australia, Barbados, Bahrain, Belarus, Belgium, Belize, Bosnia and Herzegovina, Brazil, Bulgaria,…
Foreign investors who want to do business in Austria can set up fintech companies as the country is currently one of the most appealing European destinations in this field. Not long ago, the government has launched various programs for startups, many of these companies operating in the fintech sector which is why Austria now has a ‘fintech ecosystem’. Our consultants…
Trust funds are known as common investment plans where individuals, who in this case are called settlers, can protect their assets and transfer them to the family members at a certain point or period, whether there are movable possessions or not. Foreigners in Austria can establish trusts or private foundations, considering the rules and regulations…
Foreign investors who want to set up a company in Austria are usually interested in the most developed industries. One of these economic sectors is the financial one. Those interested in starting a financial company in Austria must comply with the legislation regarding to the financial industry and must obtain various licenses from the Financial Markets Authority (FMA) or from…
The Austrian government supports foreign investments, but is also provides for an advantageous legal framework for high net worth individuals who are not interested in opening the regular types of companies in Austria, but to establish foundations. For this purpose, Austria enabled two laws: - the Federal Foundations and Funds Act which…
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 applied as it is imposed to Austrian companies and collected from the buyers of goods or services. Foreign investors opening…
With the quality and quantity of the workforce, it would be a good business decision to open a recruitment company in Austria. A recruitment or employment company looks for suitable employees that employers are searching for. An employer may require that a permanent or vacant position must be occupied by the…
