consulting@agtinpro.com
Austria is a splendid country that attracts an increasing number of foreign citizens. It offers a decent standard of living, quality education, and top-notch healthcare services. Moreover, if you are planning to start a business in this country, Austria can be an ideal place for you.
Austria is renowned for its reliability in business relations and its attractiveness to entrepreneurs from all around the world. According to experts, the country's economy continues to grow, and its well-established international banking system makes Austria a highly appealing option for investors. If you have decided to open or relocate a business in Austria, you have made the right choice.
Austria is renowned for its reliability in business relations and its attractiveness to entrepreneurs from all around the world. According to experts, the country's economy continues to grow, and its well-established international banking system makes Austria a highly appealing option for investors. If you have decided to open or relocate a business in Austria, you have made the right choice.
Advantages of Doing Business in Austria
Basic Conditions
• Signing a contract for the establishment of the Company.
• Formation of the authorized capital.
• Appointment of the Director.
• Founders and the Director of the company can be citizens of any country.*
• Formation of the authorized capital.
• Appointment of the Director.
• Founders and the Director of the company can be citizens of any country.*
*(Temporary restrictions on participation in Austrian legal entities were introduced for Russian citizens in 2022.)
Corporate Income Tax
25% - As part of the tax reform starting from 2023, the corporate income tax is reduced to 24% and further reduced to 23% from 2024, respectively.
Our Company Support Services in Austria:
We also specialize in building and supporting holding or affiliated structures between companies operating in different jurisdictions.
Organizational Legal Form
One of the most common forms of doing business in Austria is company registration. Our main specialization is the Limited Liability Company (Gesellschaft mit beschränkter Haftung or GmbH).
Limited Liability Company (LLC) / Gesellschaft mit beschränkter Haftung (GmbH)
Regulating Legal Act: GmbH Act - GmbHG
Limited Liability Company (LLC) / Gesellschaft mit beschränkter Haftung (GmbH)
Regulating Legal Act: GmbH Act - GmbHG
Authorized Capital
Registration of a legal entity.
The minimum size of the authorized capital in a GmbH is 35,000 Euros. At least half of this amount must be contributed to the company's account. Currently, Austria also offers a privileged and simplified regime, within which the authorized capital can be reduced to 10,000 Euros for a period of 10 years, with a minimum cash contribution of 5,000 Euros. At the end of this period, the authorized capital must be increased back to the standard minimum size.
Provision of legal and/or postal address in Vienna, offering office workspace.
Accounting services, including maintaining primary documentation.
General consultations for company support.
Bank account opening.
A 5-minute consultation will answer your most important questions
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consulting@agtinpro.com
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