Business formation in Austria
Are you a business owner looking to broaden your business prospects or a hopeful entrepreneur interested in new possibilities? Austria is the perfect destination for you, as it is a forward-thinking country in a strategic location, ready for business development. Our custom-made solutions for establishing a business are designed to suit your requirements, guaranteeing a smooth transition into the thriving business environment of Austria.
The procedure of business formation
With regard to the formalities and procedures, our comprehensive services encompass all aspects of establishing a business. From the initial setup to the preparation of legal documents, we take care of the entire process, enabling you to concentrate on your primary business goals. Our team supports you by:
1
Choosing the right business structure
We understand the importance of selecting the most suitable legal structure for your business. Whether you opt for incorporation, partnership, or a sole proprietorship, our experts provide personalized guidance to assist you in achieving your goals.
2
Drafting legal documentation
Our proficient experts create all the necessary legal paperwork, including shareholder agreements, articles of association, and employment contracts, custom-made to fulfill the specific requirements of your company.
3
Bank account opening
To effectively oversee financial transactions, receive payments, and make disbursements, it is recommended to initiate the process of setting up a corporate bank account in the country.
4
Registering with authorities
Our team of experts will assist you in navigating Austria's bureaucratic procedures by taking care of all the required registrations, such as those with tax authorities, social security, and trade registers. This will ensure that you are in full compliance with Austria's legal system.
Timeline for business formation: setting expectations
The amount of time required to set up a company in the country depends on the chosen type of business entity. In general, it takes around 2-4 weeks to finish all necessary procedures and establish a company.
Types of legal business structures in Austria
Our expertise lies in aiding with the establishment of different types of companies, guaranteeing that the structure of your enterprise harmonizes perfectly with your goals.
Private Company Limited by Shares (Gesellschaft mit beschränkter Haftung)
The Private Company Limited by Shares is a popular choice among small and medium-sized businesses in Austria. With a minimum capital requirement of only €35000, it is a feasible option for numerous entrepreneurs. One of its main benefits is that directors have limited liability, so they are not personally accountable for any debts. Our team can offer the necessary support and help in the registration process for this kind of company in Austria.
Public Limited Company (Aktiengesellschaft)
Many big businesses often opt for the Public Limited Company in Austria because of its flexibility regarding the transfer of shares and the privacy it affords to shareholders. Although it requires a considerable minimum capital of €70,000, this choice has the benefit of facilitating collaboration with new partners and ensuring excellent protection for creditors. We are here to assist you throughout the entire process of registering your company in Austria.
Branch Office
A branch office functions as an expansion of the main company and retains its original legal identity, enabling it to do business in a different location. Having a branch office in Austria can benefit companies seeking to expand without forming a separate legal entity. By operating as a branch, the parent company can utilize its existing brand reputation and resources while accessing new markets. Our services provide comprehensive assistance in navigating the complexities of establishing and overseeing a branch office in Austria, ensuring a seamless and compliant entry into the market.
Holding Company
A holding company is commonly used as a strategic tool to control other companies by owning their shares. In Austria, the establishment of a holding company can bring several advantages, including centralized management, risk diversification, and tax benefits. By structuring your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making, and optimize tax planning. Our team of experts offers personalized support to assist you in setting up and running a holding company in Austria, ensuring compliance with regulations and maximizing the potential of your corporate structure.
Our business formation solutions
We have two convenient choices available for establishing an enterprise in Austria, which take into account your preferences and guarantee a seamless entry into the country’s business environment.
Business formation online
Whether you are located anywhere or at any time, you can easily start the process of creating your company online. We have a team available to help you throughout every step, offering personalized assistance based on your particular requirements. We use electronic tools and a user-friendly interface to make document submission and progress tracking effortless. Allow us to make the process of incorporating your business simpler by providing expert support through a few simple clicks.
Business formation remotely
Let us take care of all the necessary paperwork and legal procedures on your behalf. Our team of professionals in Austria will handle the entire process, freeing up your time to concentrate on your main business activities.
Contact us
Are you prepared to start your business in Austria? Don’t handle the challenges by yourself. Get in touch with us for expert help and customized solutions to simplify the process of establishing your business. Our team of knowledgeable experts is available to support you at each stage, guaranteeing a smooth and prosperous entry into the vibrant Austrian business environment. Let’s collaborate to achieve your company objectives.
Ready for the next step
Accelerate your business growth while we take care of everything else.