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Company Formation in Austria F.A.Q
We offer Company Formation Services in Austria and information on how to incorporate a Austrian company, register for VAT, establish a bank account and set up a virtual office in Austria.
AUSTRIAN COMPANY FORMATION - QUICK FACTS
1. What is the minimum share capital of an Austrian GmbH (Limited Liability Company)?
35.000 EUR. However in order to commence the registration procedure only half of the minimum capital must be paid up.
2. What is the minimum share capital for an Austrian AG (Stock Corporation)?
70.000 EUR. As a requirement at least one quarter of the share capital must be paid up prior to the formation of the company.
3. Are there any special requirements for establishing an Austrian GmbH?
The name of the company which will be incorporated in Austria must be written in Latin characters and contain "GmbH" (in case of Austrian LLC) to denote the limited liability characteristic. The Austrian Limited Liability company must be managed by at least one director, who does not have to be Austrian citizen or resident in Austria and whose authority is clearly established in the Articles of Association.
4. How can I open a bank account in Austria?
Prior to registration the Austrian Limited Liability company must open a temporary bank account for depositing the initial capital. After obtaining the incorporation certificate the founders can proceed to set up the current bank account. The certificate of formation, along with the memorandum and articles of association of the Austrian company are required for this procedure.
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Wien
Company Formation in Austria
BridgeWest provides company formation in Austria. Our assistance includes: > drafting the Articles of Association (necessary for the company incorporation in Austria); The Articles of Association of the Austrian company can be signed through Power of Attorney (the same applies to Public Notary proceedings, a step required by the Austrian Law). > drafting all other documents required for the…
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Articles on Company Formation in Austria
There are various forms of business entities in Austria, and all of them must be registered with the Austrian Trade Register, in order to function. Setting up an Austrian company is fairly easy, mostly for the limited liability company, which is the most common company type in Austria, and the vario ...
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1. What is the minimum share capital of an Austrian GmbH (Limited Liability Company)? Entrepreneurs who wish to establish a Limited Liability Company in Austria must provide a minimum capital of 35.000 EUR. However in order to commence the registration procedure only half of the minimum capital must ...
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