Business in Austria

The Republic of Austria with a population of about 8.5 million is a highly developed federal state. Almost three-quarters of the country’s territory is located in the Alpine mountains, which contributes to the highly developed tourism business in the country. This factor is one of the key factors in attracting foreign investors. At the same time, even despite the relatively high tax rates established by Austrian law, with a competent professional approach, a company registered in this jurisdiction will become as efficient as possible, both in terms of generating income and in terms of tax planning.

Let’s consider what are the main features of registering company in the territory of Austrian jurisdiction, as well as what exactly is included in the services of FBS.

Advantages

When deciding to open a company in the Republic of Austria, you get such favorable conditions and business development prospects as:

• The territorial location of the company in one of the most developed and authoritative states of the EU.
• Absence of exchange control.
• Permission to use a non-resident holding company.
• Applicability of effective asset ownership schemes.
• Stable corporate legislation. The Local Law on Limited Liability Companies (GmbHG) is in force with certain changes made at various times since 1906.

Legislation

• Limited Liability Companies Act (GmbHG) 1906 (as amended)

Austria's Corporate Law