With investments coming from powerful economies like Germany, Russia, Luxembourg, Italy and the Netherlands, Austria is one of the largest recipients of foreign direct investment (FDI) in Europe. The growing number of foreign enterprisers opening companies here year after year reflects the development of the country’s economic situation, while the high quality of life is shown…
Opening a travel agency in Austria can be a good business decision. Not only is it an exciting business venture, but it can also be very lucrative. Travel agencies provide products and services related to traveling. These include airline tickets, tour packages, transportation, accommodation, and other essentials for travelers. Our specialists…
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…
People should always invest in their health - that is why companies have been doing research and development in order to come up with medicines to combat sickness and diseases that are a threat to persons’s health and at the forefront are the pharmaceutical companies. These are companies that come…
Once income is earned, tax will always be imposed. The government has the right to collect taxes since these are what keeps the country going. There are also ways that you can lighten this burden. Tax minimization in Austria is actually allowed by the government and local laws. An admissible and effective…
If you are interested in doing business in the food field in a developed and attractive country, then opening a restaurant in Austria is suitable for you. The hospitality industry in the country boasts an economic growth of about 4.2 percent per year. The bulk of the hospitality industry in Austria is dominated…
Foreign entrepreneurs who want to open companies in the food industry in Austria have several choices. Among these, they can open restaurants and catering establishments, with the mention that they will require a lower amount of money for setting up a catering business. Even if it cheaper to open an Austrian catering company, the business…
Austria is one of the most prolific economies in Europe and the European Union, therefore the ratings issued by credit rating agencies have been quite good in the last few years. The legislation related to foreign investments has helped Austria in achieving good ratings. Also, the measures enabled by the government have led to positive outlooks from most agencies. If…
Austria is one of the most appealing investment destinations in Europe and the European Union thanks to both the local and the EU laws which offer interesting business opportunities and the right legal framework to set up companies here. Foreign investors interested in opening companies in Austria benefit from many incentives related to the taxation of businesses, but also…
Austria offers numerous business opportunities for foreign enterprisers looking to invest here. From the prolific financial industry to IT and other important economic sectors, investors must only choose the city best suited for their needs. From this point of view, Austria is very well organized as each region has its local economic sector which thrives.…
