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Doing business in Europe
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Austria

 

british business services Austrian Business Services Overview
british business services About Austria
british business services Setting up a Business in Austria
british business services Registering property in Austria
british business services Who to Contact
british business services How to Proceed

 

Introduction

 

A prosperous and sophisticated business centre and a traditional trading bridge to Eastern Europe and the Balkans, Austria actively welcomes foreign investors. Setting up a company here is physically very easy. There is plenty of office and industrial space available, both for short and long term let and we can provide Serviced Office facilities. However there are important procedural issues to contend with. The company, which may be a partnership or corporation has to be registered. For corporations (company with limited liability [GmbH] or a stock corporation [AG]) this involves paying a nominal share capital. There is also the need to satisfy Austria's "Gewerberecht", or professional requirements for businesses. For more information, - please contact us

What is the most common type of company in Austria?

 

A company with limited liability (GmbH) is by far the most usual form of company. A GmbH is a legal entity. Shareholders are not personally responsible for the liabilities of the company, except for the obligation to pay up their capital contributions.

How much share capital is required to establish a GmbH?

Minimum share capital is €35,000, of which at least half, €17,500, has to be paid up in cash.



 

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