{"id":4259,"date":"2021-05-28T12:19:51","date_gmt":"2021-05-28T09:19:51","guid":{"rendered":"http:\/\/prifinance.loc\/uncategorized\/austria\/"},"modified":"2023-08-04T13:29:27","modified_gmt":"2023-08-04T10:29:27","slug":"austria","status":"publish","type":"post","link":"https:\/\/prifinance.com\/en\/european-companies\/austria\/","title":{"rendered":"Registration of a company in Austria"},"content":{"rendered":"<div class=\"info-block\">\n<p>Setting up a company in Austria may facilitate you in exploring diverse business-related opportunities as the country is related to all major European markets and has a highly developed economy. The entity formation procedure is quite easy and straightforward. You can launch it to get one of these formations in the highly reputable European jurisdiction.<\/p>\n<h2>Major Forms of Legal Entities<\/h2>\n<p>If you think about establishing your commercial presence in this country, it is possible to accomplish in the next variations:<\/p>\n<ul>\n<li><b><i>Limited Liability Company (GmbH) <\/i><\/b>\u2013 a vehicle where the shareholders\u2019 obligations are generally restricted exclusively to the sums paid for their shares. The minimal threshold for the company\u2019s statutory capital is EUR 35,000, EUR 17,500 from which has to be contributed in cash at the moment of its incorporation. This variation of legal entity is one the most suitable for starting commercial activities in Austria.<\/li>\n<li><b><i>Public Company (AG)<\/i><\/b> \u2013 the shares of this vehicle are subject to the free transfer \u2013 any notarial deed is not required here. The shareholders\u2019 liability is also restricted to the value of the shares they own. Still, this vehicle may be more preferable for large businesses and if you intend to enter stock markets. The minimal threshold for the company&#8217;s statutory capital is EUR 70,000, EUR 25,000 from which should be contributed at the moment of the company\u2019s incorporation.<\/li>\n<li><b><i>General Partnership (OG)<\/i><\/b> \u2013 partners operate under one name and collectively bear the entire liability for all partnership\u2019s undertakings.<\/li>\n<li><b><i>Limited Commercial Partnership (KG)<\/i><\/b> \u2013 here partners also appear in business under one name. However, some of them bear only limited responsibility for the partnership&#8217;s undertakings, exclusively within the sums of their contributions. But, certain partners bear unlimited liability for the rest debts and obligations of the partnership.<\/li>\n<li><b><i>Branches <\/i><\/b>\u2013 foreign limited liability and public entities are allowed to register a branch in Austria. This may be a suitable option if you are not going to establish a substantial presence in this country at the moment.<\/li>\n<\/ul>\n<\/div>\n<div class=\"info-block\">\n<h2>Registration Requirements and Steps<\/h2>\n<p><b>If you intend to start a company in Austria, GmbH for instance, the entity incorporation procedure may preliminary look this way:<\/b><\/p>\n<ol>\n<li>Shortlisting activities you are going to conduct in Austria.<\/li>\n<li>Verification of the business name of a future company.<\/li>\n<li>Arranging the registered address for your future company.<\/li>\n<li>Collecting data about founders and beneficial owners.<\/li>\n<li>Preparation and notarization of the entity\u2019s Memorandum and Articles of Association.<\/li>\n<li>Depositing the statutory capital for the future vehicle and getting a declaration confirming that (necessary for the further incorporation step).<\/li>\n<li>Submitting the set of registration documents, including registration forms, to a local court for entering a respective record in Austrian Commercial Register.<\/li>\n<li>Registration for tax and social insurance purposes.<\/li>\n<\/ol>\n<\/div>\n<div class=\"info-block\">\n<h2>Legal and Regulatory Framework<\/h2>\n<p>Local legislation is highly flexible, especially for start-ups. The Austrian legal environment may be generally estimated as very transparent. The incorporation procedure is easy and straightforward in the majority of cases. Still, certain activities may require obtaining licences and special permits.<\/p>\n<\/div>\n<div class=\"info-block\">\n<h2>Advantages of the Jurisdiction<\/h2>\n<p>If Austria appears to be a suitable jurisdiction for establishing your commercial presence, you may potentially value these benefits:<\/p>\n<ul>\n<li>Political and economical stability<\/li>\n<li>Openness to major European markets<\/li>\n<li>Skilled employees with a highly responsible attitude in general<\/li>\n<li>Moderate expenses for the company formation<\/li>\n<li>Favorable tax system<\/li>\n<\/ul>\n<\/div>\n<div class=\"info-block\">\n<h2>Taxation<\/h2>\n<p>If you consider Austria as your target jurisdiction, here are major highlights of taxes you may have to pay here from your business:<\/p>\n<ul>\n<li><em>Corporate income tax (CIT) rate \u2013 25 %<\/em><\/li>\n<li><em>VAT \u2013 20 %<\/em><\/li>\n<li><em>Withholding tax rates (for non-residents) \u2013 (i) dividends \u2013 0 or 27.5 %, (ii) interests \u2013 0 %, (iii) royalties \u2013 0 or 20 %<\/em><\/li>\n<li><em>Capital gains tax \u2013 (i) corporate is subject to standard CIT rate, (ii) individual \u2013 27.5 %.<\/em><\/li>\n<\/ul>\n<\/div>\n<div class=\"info-block\">\n<h2>How Prifinance Specialists May Help You<\/h2>\n<p>If you think about the opening company in Austria or other country, Prifinance specialists may help you with determining the most suitable form for establishing your presence in Austria, calculate preliminary the amount of taxes you should pay here, open a bank account, and resolve any other matters that may potentially arise. Reach us shortly for more precise discussions on the matters.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Setting up a company in Austria may facilitate you in exploring diverse business-related opportunities as the country is related to all major European markets and has a highly developed economy. The entity formation procedure is quite easy and straightforward. You can launch it to get one of these formations in the highly reputable European jurisdiction. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[268],"tags":[127,430],"class_list":["post-4259","post","type-post","status-publish","format-standard","hentry","category-european-companies","tag-austria","tag-austria-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Registration of a company in Austria | Prifinance Company<\/title>\n<meta name=\"description\" content=\"We offer company formation and bank account opening services in Austria. New registration and ready-made options. Call the Prifinance Company: \u260e\ufe0f +372 602-65-11: 24\/7 customer support.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/prifinance.com\/en\/european-companies\/austria\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Registration of a company in Austria | Prifinance Company\" \/>\n<meta property=\"og:description\" content=\"We offer company formation and bank account opening services in Austria. New registration and ready-made options. Call the Prifinance Company: \u260e\ufe0f +372 602-65-11: 24\/7 customer support.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/prifinance.com\/en\/european-companies\/austria\/\" \/>\n<meta property=\"og:site_name\" content=\"Prifinance\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-28T09:19:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-04T10:29:27+00:00\" \/>\n<meta name=\"author\" content=\"Sergei\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sergei\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/prifinance.com\/en\/european-companies\/austria\/\",\"url\":\"https:\/\/prifinance.com\/en\/european-companies\/austria\/\",\"name\":\"Registration of a company in Austria | Prifinance Company\",\"isPartOf\":{\"@id\":\"https:\/\/prifinance.com\/en\/#website\"},\"datePublished\":\"2021-05-28T09:19:51+00:00\",\"dateModified\":\"2023-08-04T10:29:27+00:00\",\"author\":{\"@id\":\"https:\/\/prifinance.com\/en\/#\/schema\/person\/4c36617ba2b0384740c637c3122c2351\"},\"description\":\"We offer company formation and bank account opening services in Austria. New registration and ready-made options. Call the Prifinance Company: \u260e\ufe0f +372 602-65-11: 24\/7 customer support.\",\"breadcrumb\":{\"@id\":\"https:\/\/prifinance.com\/en\/european-companies\/austria\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/prifinance.com\/en\/european-companies\/austria\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/prifinance.com\/en\/european-companies\/austria\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0413\u043b\u0430\u0432\u043d\u0430\u044f \u0441\u0442\u0440\u0430\u043d\u0438\u0446\u0430\",\"item\":\"https:\/\/prifinance.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Registration of a company in Austria\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/prifinance.com\/en\/#website\",\"url\":\"https:\/\/prifinance.com\/en\/\",\"name\":\"Prifinance\",\"description\":\"Prifinance\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/prifinance.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/prifinance.com\/en\/#\/schema\/person\/4c36617ba2b0384740c637c3122c2351\",\"name\":\"Sergei\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/prifinance.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/09878fca5f90ca844ae17986a5c518a2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/09878fca5f90ca844ae17986a5c518a2?s=96&d=mm&r=g\",\"caption\":\"Sergei\"},\"url\":\"https:\/\/prifinance.com\/en\/author\/sergei\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Registration of a company in Austria | Prifinance Company","description":"We offer company formation and bank account opening services in Austria. New registration and ready-made options. Call the Prifinance Company: \u260e\ufe0f +372 602-65-11: 24\/7 customer support.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/prifinance.com\/en\/european-companies\/austria\/","og_locale":"en_US","og_type":"article","og_title":"Registration of a company in Austria | Prifinance Company","og_description":"We offer company formation and bank account opening services in Austria. New registration and ready-made options. Call the Prifinance Company: \u260e\ufe0f +372 602-65-11: 24\/7 customer support.","og_url":"https:\/\/prifinance.com\/en\/european-companies\/austria\/","og_site_name":"Prifinance","article_published_time":"2021-05-28T09:19:51+00:00","article_modified_time":"2023-08-04T10:29:27+00:00","author":"Sergei","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Sergei","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/prifinance.com\/en\/european-companies\/austria\/","url":"https:\/\/prifinance.com\/en\/european-companies\/austria\/","name":"Registration of a company in Austria | Prifinance Company","isPartOf":{"@id":"https:\/\/prifinance.com\/en\/#website"},"datePublished":"2021-05-28T09:19:51+00:00","dateModified":"2023-08-04T10:29:27+00:00","author":{"@id":"https:\/\/prifinance.com\/en\/#\/schema\/person\/4c36617ba2b0384740c637c3122c2351"},"description":"We offer company formation and bank account opening services in Austria. New registration and ready-made options. Call the Prifinance Company: \u260e\ufe0f +372 602-65-11: 24\/7 customer support.","breadcrumb":{"@id":"https:\/\/prifinance.com\/en\/european-companies\/austria\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/prifinance.com\/en\/european-companies\/austria\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/prifinance.com\/en\/european-companies\/austria\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0413\u043b\u0430\u0432\u043d\u0430\u044f \u0441\u0442\u0440\u0430\u043d\u0438\u0446\u0430","item":"https:\/\/prifinance.com\/en\/"},{"@type":"ListItem","position":2,"name":"Registration of a company in Austria"}]},{"@type":"WebSite","@id":"https:\/\/prifinance.com\/en\/#website","url":"https:\/\/prifinance.com\/en\/","name":"Prifinance","description":"Prifinance","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/prifinance.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/prifinance.com\/en\/#\/schema\/person\/4c36617ba2b0384740c637c3122c2351","name":"Sergei","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prifinance.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/09878fca5f90ca844ae17986a5c518a2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/09878fca5f90ca844ae17986a5c518a2?s=96&d=mm&r=g","caption":"Sergei"},"url":"https:\/\/prifinance.com\/en\/author\/sergei\/"}]}},"_links":{"self":[{"href":"https:\/\/prifinance.com\/en\/wp-json\/wp\/v2\/posts\/4259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prifinance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prifinance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prifinance.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/prifinance.com\/en\/wp-json\/wp\/v2\/comments?post=4259"}],"version-history":[{"count":10,"href":"https:\/\/prifinance.com\/en\/wp-json\/wp\/v2\/posts\/4259\/revisions"}],"predecessor-version":[{"id":13339,"href":"https:\/\/prifinance.com\/en\/wp-json\/wp\/v2\/posts\/4259\/revisions\/13339"}],"wp:attachment":[{"href":"https:\/\/prifinance.com\/en\/wp-json\/wp\/v2\/media?parent=4259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prifinance.com\/en\/wp-json\/wp\/v2\/categories?post=4259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prifinance.com\/en\/wp-json\/wp\/v2\/tags?post=4259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}