A fiscal representative in Austria should be appointed by taxpayers from third countries (outside the EU) who do not have their primary business location or a fixed establishment within the country. The representative will be responsible for complying with Austrian tax laws, facilitating communication with tax authorities, and handling various…
The Company Act in Austria is based on the Austrian Commercial Code, the Austrian Trade Law 1994, the New Companies Promotion Act, the Commercial Register Act and the Federal Law on Special Assistance for Small and Medium-sized Enterprises. All these texts of legislation regulate the incorporation, registration and running of a company 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…
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 2022. This legal form is also available for those who want to set up e-commerce companies which are currently very appealing for various reasons. Also, the entire registration procedure for a GmbH in Austria is about…
As the use of cryptocurrencies has become more popular, financial authorities have started to express their opinion on their use and, in some cases, supervise or regulate them. Presently, there is no mandatory crypto exchange license in Austria in this form, however, registration requirements are in place, and they can be seen as…
The import and export industry in Austria plays a very important role in the country’s economy. In 2016, the country’s recorded imports accounted for 12,123 million euros, while its exports amounted to 11,840 million euros. Austria’s economy is highly dependent on its trade relations with other countries, particularly members of the European Union. Out…
The workforce in Austria is one of the reasons why many businessmen are attracted to the country. Not only is the workforce highly skilled, but it is also very motivated. The Austrian workforce is composed of around 4.4 million persons and 40 percent of it are females. If you plan to open a company in…
A virtual office is a service offered by our company formation agents 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 Address availability…
