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…
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…
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…
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…
Moving to Austria has many benefits for those who choose this country, as it is one of the most prolific in the entire European Union. There are several ways through which foreign citizens from EU and non-EU states can immigrate to Austria and obtaining a residence permit by investment is definitely one of the most appealing ways of…
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…
Starting a business in Austria implies completing various procedures. After choosing the legal entity under which the company will operate in Austria, it must be incorporated with the Company Register. The Business Registry in Austria is the main authority in charge not only with the incorporation of all companies, but also the main directory where all information…