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Company Formation Austria

Updated on Monday 07th May 2018

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BridgeWest provides company incorporation 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.

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 us for more information and prices.
 

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