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Company Formation Austria

Updated on Wednesday 10th October 2018

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BridgeWest is a company composed of experienced agents in European and offshore company formation matters, providing company incorporation services in Austria. Our services include:

- drafting the articles of association for company incorporation in Austria. The articles of association of an Austrian company and any other proceedings concluded in front of a public notary must be signed through power of attorney;

- drafting all the documents for company incorporation in Austria: specimen signatures, the application form issued by the Company Registration Office in Austria, copies of the identification papers, a notarized declaration of establishment and a confirmation from the bank that the minimum capital share was deposited;

- arranging public notary procedures (the incorporation process will be done with an Austrian public notary);

- setting up bank accounts (the initial share capital account and a current account);

- recommending accountancy services;

- offering a registered office in Austria that will be made public and used as headquarters for the company.

BridgeWest provides formation of the following types of companies in Austria:

- gesellschaft mit beschränkter haftung (GmbH- limited liability company). The Austrian GmbH is required to have at least one shareholder and one director and it must have a legal address. The minimum share capital is 35,000 EUR and half of it must be paid up front. The minimum contribution from each shareholder is 7,000 EUR;

- aktiengesellschaft (AG - joint stock company). The Austrian AG must have at least one shareholder, but it also needs a supervisory board that will name the management board. The AG in Austria must have a legal address and the minimum share capital is 70,000 EUR;

- branches, subsidiaries, and representative offices in Austria. Foreign companies are allowed to open these types of companies in Austria as separate legal entities or extensions of the parent company. Our experts in onshore and offshore company setup matters can give you more details about these types of companies.

Austria Key Facts


- the standard VAT rate in Austria is 20%, but a reduced rate of 10% is applied to certain goods and services;

- the corporate tax in Austria is 25%;

- there is no withholding tax on dividends in Austria.

BridgeWest offers you ready-made companies and VAT registration in Austria.

Please contact our specialists in European and offshore company setup matters for more information and prices.
 

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