Businesses and individuals engaging in any Austrian commercial activity must obtain a business license in Austria. This authorization, known as a Gewerbeberechtigung, is a legal requirement for operating a business within the country. For certain professions or industries, additional qualifications or certifications may be required. Our specialists in company formation…
Foreign investors can open a joint stock company in Austria (Aktiengesellschaft/ AG), which is ideal for larger businesses seeking to raise capital through share offerings. A joint stock company has its own legal entity and is responsible for its debts and obligations. Shareholders are only required to fulfill their financial…
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…
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…
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…
If you want to open a company in Austria and need assistance, you can rely on the company formation services provided by our consultants who can also put you in touch with our accountants in Austria. Quick Facts Services offered by our accountants in Austria - bookkeeping, - preparation of annual financial documents, - payroll,…
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…
Opening a subsidiary in Austria can be a strategic move for foreign companies seeking to explore the business opportunities within the Austrian market. An Austrian subsidiary company falls under the scope of the Company Law and is subject to an easy incorporation procedure. Our company formation agents in Austria can explain the requirements…
