{"id":191,"date":"2022-12-22T10:33:30","date_gmt":"2022-12-22T10:33:30","guid":{"rendered":"https:\/\/companyformationaustria.com\/buy-shelf-company-in-austria\/"},"modified":"2024-04-10T12:16:23","modified_gmt":"2024-04-10T12:16:23","slug":"buy-shelf-company-in-austria","status":"publish","type":"post","link":"https:\/\/companyformationaustria.com\/buy-shelf-company-in-austria\/","title":{"rendered":"Buy a Shelf Company in Austria"},"content":{"rendered":"\n<p>Foreign investors who want to enter the Austrian market can do so by\u00a0<strong><a href=\"http:\/\/www.companyformationaustria.com\/company-act-austria\" target=\"_blank\" rel=\"noreferrer noopener\">registering a new company<\/a><\/strong>\u00a0or by\u00a0<strong>buying a ready-made company<\/strong>, also known as a\u00a0<strong>shelf company<\/strong>. The\u00a0<strong>ready-made company<\/strong>\u00a0is registered and kept \u201con a shelf\u201d until it is sold. Another characteristic of the\u00a0<strong>Austrian shelf company<\/strong>\u00a0is that it can be kept until it ages, and thus allowing an investor to incorporate a foreign company\u2019s history into it after the purchase. Our\u00a0<strong><a href=\"http:\/\/www.companyformationaustria.com\/about-us\" target=\"_blank\" rel=\"noreferrer noopener\">Austrian company formation agents<\/a><\/strong>\u00a0can assist foreign investors who want to\u00a0<strong>purchase shelf companies<\/strong>\u00a0in this country.<\/p>\n\n\n\n<table class=\"redTable\">\n\t<thead>\n\t\t<tr>\n\t\t\t<th>\n\t\t\t\t&nbsp;Quick Facts<\/th>\n\t\t\t<th>\n\t\t\t\t&nbsp;<\/th>\n\t\t<\/tr>\n\t<\/thead>\n\t<tbody>\n\t\t<tr>\n\t\t\t<td>\n\t\t\t\t&nbsp; Legal entities available for shelf company<\/td>\n\t\t\t<td>\n\t\t\t\t<p>\n\t\t\t\t\t&#8211; private limited liability company,<\/p>\n\t\t\t\t<p>\n\t\t\t\t\t&#8211; joint stock corporation<\/p>\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td>\n\t\t\t\t<p>\n\t\t\t\t\tTime required for purchasing the company<\/p>\n\t\t\t<\/td>\n\t\t\t<td>\n\t\t\t\tA few days<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td>\n\t\t\t\t<p>\n\t\t\t\t\tTypes of features it includes (corporate bank account, VAT number, etc)<\/p>\n\t\t\t<\/td>\n\t\t\t<td>\n\t\t\t\t<p>\n\t\t\t\t\t&#8211; trading name,<\/p>\n\t\t\t\t<p>\n\t\t\t\t\t&#8211; legal address,<\/p>\n\t\t\t\t<p>\n\t\t\t\t\t&#8211; company director,<\/p>\n\t\t\t\t<p>\n\t\t\t\t\t&#8211; Articles of Association,<\/p>\n\t\t\t\t<p>\n\t\t\t\t\t&#8211; bank account number,<\/p>\n\t\t\t\t<p>\n\t\t\t\t\t&#8211; tax number<\/p>\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td>\n\t\t\t\tThe advantages of a shelf company<\/td>\n\t\t\t<td>\n\t\t\t\t<p>\n\t\t\t\t\t&#8211; easy to purchase,<\/p>\n\t\t\t\t<p>\n\t\t\t\t\t&#8211; reduced bureaucracy,<\/p>\n\t\t\t\t<p>\n\t\t\t\t\t&#8211; multiple uses,<\/p>\n\t\t\t\t<p>\n\t\t\t\t\t&#8211; access to bank loans&nbsp;<\/p>\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td>\n\t\t\t\tAppointing new directors&nbsp;<\/td>\n\t\t\t<td>\n\t\t\t\t<p>\n\t\t\t\t\tYes<\/p>\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td>\n\t\t\t\tCapital increase allowed<\/td>\n\t\t\t<td>\n\t\t\t\t<p>\n\t\t\t\t\tYes<\/p>\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td>\n\t\t\t\tCertificate of no commercial activities<\/td>\n\t\t\t<td>\n\t\t\t\t<p>\n\t\t\t\t\tNo<\/p>\n\t\t\t<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td>\n\t\t\t\tModify the objects of activity<\/td>\n\t\t\t<td>\n\t\t\t\tYes<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td>\n\t\t\t\tParticipants in the purchase procedure<\/td>\n\t\t\t<td>\n\t\t\t\tBuyer or representative and seller<\/td>\n\t\t<\/tr>\n\t\t<tr>\n\t\t\t<td>\n\t\t\t\tThe cost of buying a shelf company&nbsp;&nbsp;<\/td>\n\t\t\t<td>\n\t\t\t\tIt depends on the age and legal structure of the company.<\/td>\n\t\t<\/tr>\n\t<\/tbody>\n<\/table>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/companyformationaustria.com\/buy-shelf-company-in-austria\/#how-to-buy-a-shelf-company-in-austria\" title=\"How to buy a shelf company in Austria?\">How to buy a shelf company in Austria?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/companyformationaustria.com\/buy-shelf-company-in-austria\/#who-can-buy-a-shelf-company-in-austria\" title=\"Who can buy a shelf company in Austria?\">Who can buy a shelf company in Austria?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/companyformationaustria.com\/buy-shelf-company-in-austria\/#what-are-the-features-of-ready-made-companies-in-austria\" title=\"What are the features of ready-made companies in Austria?\">What are the features of ready-made companies in Austria?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/companyformationaustria.com\/buy-shelf-company-in-austria\/#preliminary-actions-when-purchasing-a-shelf-company-in-austria\" title=\"Preliminary actions when purchasing a shelf company in Austria\">Preliminary actions when purchasing a shelf company in Austria<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/companyformationaustria.com\/buy-shelf-company-in-austria\/#process-of-buying-a-shelf-company-in-austria\" title=\"Process of buying a shelf company in Austria\">Process of buying a shelf company in Austria<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/companyformationaustria.com\/buy-shelf-company-in-austria\/#why-buy-a-shelf-company-in-austria\" title=\"Why buy a shelf company in Austria?\">Why buy a shelf company in Austria?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/companyformationaustria.com\/buy-shelf-company-in-austria\/#statistics-about-austrian-companies\" title=\"Statistics about Austrian companies\">Statistics about Austrian companies<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"how-to-buy-a-shelf-company-in-austria\"><\/span><strong>How to buy a shelf company in Austria?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The most common types of&nbsp;<strong>ready-made companies<\/strong>&nbsp;that can be bought&nbsp;<strong>in Austria<\/strong>&nbsp;are the&nbsp;<strong><a href=\"http:\/\/www.companyformationaustria.com\/gmbh-registration-austria\" target=\"_blank\" rel=\"noreferrer noopener\">limited liability company<\/a><\/strong>&nbsp;and the public company, usually known as stock corporation.&nbsp;<strong>Buying an Austrian shelf company<\/strong>&nbsp;means buying its shares, a process which is completed by drafting a sale-purchase agreement which is signed before a public notary. Once the company is bought and the share transfer has been made, the new owner can bring several changes to the company, among which the name, the company address and directors are the most usual.<\/p>\n\n\n\n<p>Foreign investors\u00a0<strong>buying\u00a0<a href=\"http:\/\/www.companyformationaustria.com\/company-types-austria\" target=\"_blank\" rel=\"noreferrer noopener\">shelf companies<\/a><\/strong>\u00a0prefer this type of company because they reduce the time spent with the\u00a0<strong>company formation process in Austria<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"who-can-buy-a-shelf-company-in-austria\"><\/span><strong>Who can buy a shelf company in Austria?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Shelf companies in Austria<\/strong> can be purchased by individuals, entrepreneurs, or other businesses looking to expand their operations or establish a presence in Austria without going through the complex process of incorporating a new company. However, please note that in Austria it is required for a company to have a local director who either holds Austrian citizenship or possesses a valid work permit for Austria.&nbsp;<\/p>\n\n\n\n<p>Additionally, potential buyers should ensure they understand the legal and financial implications of purchasing a shelf company, including any liabilities or obligations that may come with it.<\/p>\n\n\n\n<p>Individuals or entities interested <strong>in purchasing a shelf company in Austria <\/strong>can consult our specialists in <a href=\"https:\/\/companyformationaustria.com\/open-a-construction-company-in-austria\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>company formation in Austria<\/strong><\/a> for more details.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"what-are-the-features-of-ready-made-companies-in-austria\"><\/span><strong>What are the features of ready-made companies in Austria?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>All\u00a0<strong>Austrian shelf companies<\/strong>\u00a0have been registered with the Commercial Register, so they will have the Memorandum and Articles of Association drafted. After\u00a0<strong>buying the shelf company<\/strong>, the new owner must amend these documents. Considering these companies also have directors, their replacement must be reported to the\u00a0<strong><a href=\"http:\/\/www.companyformationaustria.com\/register-company-austria\" target=\"_blank\" rel=\"noreferrer noopener\">Austrian Trade Register<\/a><\/strong>. These companies also have dormant accounts. However, once purchased, the\u00a0<strong>shelf company<\/strong>\u00a0must be registered for VAT.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"preliminary-actions-when-purchasing-a-shelf-company-in-austria\"><\/span><strong>Preliminary actions when purchasing a shelf company in Austria<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>When <strong>purchasing a shelf company in Austria<\/strong>, several preliminary actions should be taken for a successful transaction. Here are some key steps recommended by our specialists in <a href=\"https:\/\/companyformationaustria.com\/austria-company-register\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>company registration in Austria<\/strong><\/a>:<\/p>\n\n\n\n<ul>\n<li>Due diligence is a crucial step in reviewing the company&#8217;s documents, including its articles of association, shareholders&#8217; agreements, financial statements, and any other relevant records to ensure transparency and assess the company&#8217;s status;<\/li>\n\n\n\n<li>Understand the tax implications of purchasing the shelf company, including any potential liabilities or benefits. Our <strong>accountants in Austria <\/strong>can assist in this situation;<\/li>\n\n\n\n<li>Ensure that the share capital is fully paid up and that there are no disputes over ownership or shares;<\/li>\n\n\n\n<li>If the<strong> shelf company<\/strong> has assets, you can consider the transfer of these assets as part of the purchase agreement.<\/li>\n<\/ul>\n\n\n\n<p>Our specialists ensure that the purchase is conducted according to legal requirements and will help you address any potential legal risks. We can also help you <strong>open a company in Austria <\/strong>following the regular incorporation process.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"process-of-buying-a-shelf-company-in-austria\"><\/span><strong>Process of buying a shelf company in Austria<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>After selecting a suitable <strong>shelf company<\/strong> and conducting due diligence, the following steps must be followed to finalize the purchase:<\/p>\n\n\n\n<ul>\n<li>Completing the sale-purchase agreement and conducting formalities such as shareholder meetings to approve the new owner&#8217;s appointment;<\/li>\n\n\n\n<li>The new director would likely need to appoint a new management team and possibly an auditor, depending on legal requirements and the company&#8217;s structure;<\/li>\n\n\n\n<li>Certain licenses or permits may be required before the <strong>Austrian shelf company <\/strong>can commence operations. These are generally done as part of the post-acquisition steps.<\/li>\n<\/ul>\n\n\n\n<p>The new owners of the <strong>Austrian shelf company<\/strong> may wish to make changes to the new company such as:<\/p>\n\n\n\n<ul>\n<li>The company&#8217;s name, subject to availability and compliance with Austrian naming regulations;<\/li>\n\n\n\n<li>The registered address, while still needing to remain within Austria. <strong><a href=\"https:\/\/companyformationaustria.com\/virtual-office-austria\/\" target=\"_blank\" rel=\"noreferrer noopener\">Virtual offices<\/a> <\/strong>are also an option for flexibility;<\/li>\n\n\n\n<li>Changes may need to be made to the Articles of Association to reflect new ownership or amend other particulars.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>If you wish to <a href=\"https:\/\/companyformationaustria.com\/set-up-a-cryptocurrency-company-in-austria\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>start a business in Austria<\/strong><\/a>, shelf companies can be an interesting and efficient option. Our team offers support in <strong>buying a shelf company in Austria.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"why-buy-a-shelf-company-in-austria\"><\/span><strong>Why buy a shelf company in Austria?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The main reason to\u00a0<strong>purchase a ready-made company in Austria<\/strong>\u00a0is the time spent on the registration of a new company. Secondly, one can\u00a0<strong>buy a shelf company in any Austrian city<\/strong>\u00a0they want. The third important reason to buy a ready-made company is that one will be allowed to apply for loans, if necessary. From a business point of view, creating relations with new partners and clients can be easier through an\u00a0<strong>Austrian shelf company<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"statistics-about-austrian-companies\"><\/span><strong>Statistics about Austrian companies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Regarding the subject of <strong>shelf companies in Austria<\/strong>, here are some <strong><a href=\"https:\/\/www.statista.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">statistics<\/a> <\/strong>about the business environment in the country. These statistics are from the year 2022 and refer to the number of companies, specifically the prevalence of SMEs and the <a href=\"https:\/\/companyformationaustria.com\/establish-an-online-shop-in-austria\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>e-commerce market<\/strong><\/a>, which are an important part of Austria\u2019s economy:<\/p>\n\n\n\n<ul>\n<li>Approximately 334,543 SMEs were operating in Austria in 2022;<\/li>\n\n\n\n<li>The vast majority of SMEs (292,946) were micro-sized enterprises which have employed between zero and nine people;<\/li>\n\n\n\n<li>There were around 36,096 small businesses in Austria, employing between 10 and 49 people;<\/li>\n\n\n\n<li>28% of the e-commerce market in Austria was in the fashion industry;<\/li>\n\n\n\n<li>Similarly, electronics and media also reported a market share of 28 percent.<\/li>\n<\/ul>\n\n\n\n<p>Please feel free to\u00a0<strong><a href=\"https:\/\/companyformationaustria.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">contact us<\/a><\/strong>\u00a0whether you want to\u00a0<strong>buy a shelf company<\/strong>\u00a0or to\u00a0<strong><a href=\"https:\/\/companyformationaustria.com\/\">open a company in Austria<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is everything you need to know about shelf companies in Austria.<\/p>\n","protected":false},"author":1,"featured_media":553,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[189,8,11,28,190,192,191],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Buy Shelf Company in Austria: We Assist Foreign Investors<\/title>\n<meta name=\"description\" content=\"If you are interested in buying a shelf company in Austria, you can contact our company registration agents for full assistance regarding the procedure.\" \/>\n<meta name=\"robots\" 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