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 ...

    Austrian law welcomes foreign entrepreneurs to start their business here, having similar rules as for Austrian entrepreneurs. The most common forms of business are the Austrian limited liability company and the Austrian joint stock corporation, which must be registered w ...

The institution handling the registration process for all legal entities in Austria is the Austrian Commercial Register. The institution ensures the registration process is done according to law, and that every company develops legal activities. The Commercial Register in Austria stores information ...

There are many business types that may be set up by foreign and Austrian entrepreneurs, each having advantages and disadvantages. Most of the companies are required to register with the Austrian Commercial Register. A foreign company, wishing to extend its activities may open a branch in Austria, en ...

  1. What is the minimum share capital of an Austrian GmbH (Limited Liability Company)? Entrepreneurs who wish to incorporate 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 ...

Investing in Austria can be done by setting up a brand new company from scratch, or by purchasing a shelf company. A shelf company is a business entity with no activity, that has been collecting age, a factor that determines its price. The longest a company has been "on the shelf" the more ...

1. What is the corporate tax in Austria? The headline rate of the corporate tax in Austria is of 25% and it is payable within one month after receiving the tax assessments, issued in few weeks after filling the tax return. In general, companies have to file the corporate income tax&n ...

1. What is the VAT in Austria? VAT in Austria is also known as “Umsatzsteuer” or “Mehrwertsteuer”. The standard rate is 20%, but there are also reduced VAT rates that apply in Austria. Reduced rates of 19%, 12% or 10% apply to several goods and services in Austria, such as fo ...

When it comes to establishing a company in Austria, the main laws that regulates the procedure and the running of the business are the Austrian Commercial Code, the Austrian Trade Law 1994, the New Companies Promotion Act, the Commercial Register Act and the Federal Law on Special Assistance for Sma ...

Austria is a profitable choice for foreign investors. Entrepreneurs from all over the world choose to set up a business in Austria for different reasons. Its favourable location gives access to Eastern Europe markets. Besides, establishing a company in Austria is an attractive way of development and ...

A Limited Liability Company in Austria is known as a Gesellschaft mit beschränkter Haftung or GmbH and it is the most popular option for foreign companies set up in Austria, because it is easy and simple to establish and run. High net-worth entrepreneurs who want to invest in Austria found the ...

Any lawyer in Austria must be a member in the Austrian Bar Association. The Bar Association also supervises disciplinary issues. The compensation of an attorney in Austria is determined according to the Lawyers’ Tariffs Act, but lawyers in Austria may as well be free to set their fees. Austria ...

  A public notary in Austria mainly deals with legalization and authentication of documents. The fee for a public notary in Austria is determined according to the Notarial Tariff Act. The Federal Minster of Justice decides upon the number of notarial positions and locations of offices. The Fede ...

 An accountant in Austria is known as a Steuerberater if he is a tax advisor or a Wirtschaftsprüfer if he is a certified public accountant in Austria. Other related professions are management accountants, commercial accountants or payroll accountants. Their profession is mainly that of a t ...

BridgeWest handles all steps required for company liquidation in Austria . Please contact us via email or phone for appointing a liquidator to carry on the company dissolution, submitting the required application forms, dealing with the Court, closing the company's bank account or any ...

The Austrian legislation defines two types of foundations in Austria: the federal foundation (or regular foundations) and the private foundation. The laws which govern these entities are the Private Foundation Act-Privatstiftungsgesetz (PSG) 1993 and the law for federal foundations and funds of 1974 ...

In Austria, the main economic entities, the limited liability companies(GesellschaftmitbeschränkterHaftung-GMBH) and the joint stock companies(Aktiengesellschaft -AG) can be represented in front of third parties and public and administrated by the nominee directors, persons appointed by th ...