Legal entity types in Austria compared
We have expertise in helping business owners such as yourself understand Austria’s complex business structures. With our wide range of services, we can help you select the best structure for your business and make sure you meet all necessary legal obligations. Let’s look at the different business structures in Austria and how we can support you in setting up your business in this thriving European country.
Legal entities in Austria
A summary of the most common legal structures in Austria is provided below:
Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
---|---|---|---|---|
Private Company Limited by Shares | Gesellschaft mit beschränkter Haftung | € 35000 | Directors | 7 days |
Public Limited Company | Aktiengesellschaft | € 70000 | Board of directors | 10 days |
Branch Office | – | – | Branch manager | 15 days |
Holding Company | – | – | Board of directors | 10 days |
Private Company Limited by Shares (Gesellschaft mit beschränkter Haftung)
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 convenient option for many entrepreneurs. A major benefit is the limited liability it offers to directors, who are not held personally accountable for the company’s debts. Our experts can offer support and advice to facilitate the registration process for this business structure in Austria.
Public Limited Company (Aktiengesellschaft)
Many big businesses opt for the Public Limited Company in Austria because of its flexible share transfers and shareholder anonymity. The minimum capital requirement of €70,000 is a significant investment, but it allows for easier access to new partners and offers great protection to creditors. We are available to assist you through the entire registration process for your company in Austria.
Branch Office
A branch office serves as an expansion of the main company, enabling it to operate in a new area while maintaining its original legal status. Setting up a branch office in Austria can be beneficial for firms seeking to grow into the country without forming a distinct legal entity. By functioning as a branch, the main company can utilize its current brand recognition and assets while entering new markets. We provide thorough assistance in navigating the complexities of establishing and overseeing a branch office in Austria, guaranteeing a seamless and lawful 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, setting up a holding company can provide several advantages including centralized management, risk diversification, and tax benefits. By organizing your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making, and improve tax planning. Our team of professionals offers personalized support to assist you in creating and running a holding company in Austria, guaranteeing adherence to regulations and maximizing your corporate structure’s capabilities.
Requirements for starting the business
Let’s examine the key prerequisites for establishing any form of business entity in Austria and how our committed team assists you throughout the process
Minimum share capital
Austria has specific minimum share capital requirements depending on the business structure selected. Regardless of the type of corporation, our experts will help you figure out the necessary minimum share capital for setting up your business. We will collaborate closely with you to make sure you meet the regulations while also maximizing your financial resources.
Directors and shareholders
In Austria, it is mandatory for every business to have directors and shareholders. Our experts provide valuable guidance on selecting directors who will contribute their experience to help achieve your company’s long-term goals.
Legal duties and obedience
Remaining compliant with all obligations, from registration to ongoing reporting and tax requirements, is essential. Our legal team manages the administrative tasks to ensure full compliance, allowing you to concentrate on your core operations without worrying about paperwork.
Book a consultation
The team thoroughly familiarizes themselves with your objectives, sector, and obstacles in order to offer customized assistance during the process of creating your business. With our expertise and commitment to excellent service, we ensure a smooth and stress-free path to establishing a profitable company in Austria. Do not let the challenges of starting a business in Austria hinder your success. Trust us to help your company reach its full potential. Begin your path to success by contacting us today. Simply complete and submit the form below, and our experts will reach out to you.