:
registration of legal entity

Cost of registration The cost of the second year Number of Directors Corporate tax rates Payment of Charter Capital Financial statements
3480.00 EUR 840.00 EUR 1 25.00% 70000.00 Yes

The Republic of Austria is a landlocked country in western Europe, it is bordered by Germany (North-West & West), Switzerland and Liechtenstein (west); Czech Republic (North), Slovakia (North-East), Hungary (East), Slovenia (south) and Italy (south-west). Austria is one of the wealthiest nations in Europe and the world, with a highly developed economy, skilled workforce and high-income rate.

The Republic of Austria is a parliamentary democracy with legislative arms divided into the Provincial parliaments, Federal and National Councils. Austria is home to a population of over 8 million people. The country’s official language is Austrian German, other recognizable languages are Hungarian, Slovene and Burgenland Croatian. Most Austrians are fluent in English and other Eastern European languages. The capital city of Austria is Vienna (home to the Danube river), with the Euros its official currency.

Austria is a member of the United Nations, European Union, OECD and an arty to the SCHENGEN agreement. The Austrian Commercial Registry Office (HRA) is the authority responsible for the regulation of company formation, registration and other incorporation related services in this jurisdiction.

Benefits of Company Formation in Austria

  • Low corporate tax rate;
  • Politically and economically stable;
  • A reliable legal system;
  • State of the art and efficient public administration;
  • High work/labour productivity with lower costs of labour;
  • Productive cooperation between the business and scientific field in this jurisdiction;
  • Double taxation treaties with over 70 countries.

Business in Austria: Taxes

  • Corporate tax rate - 25%
  • Value Added Tax (VAT) rate - 20%
  • Withholding Tax - Dividends - 25%
  • Interests - 0%/25%
  • Royalties - 20%
  • Personal Income Tax rate - (0%-50%) progressive tax rate

Business in Austria: Types of Companies

  • Limited Liability Company (GmbH);
  • Stock Corporation (AG);
  • General Partnership (OG);
  • Limited Partnership (KG);
  • Dormant Partnership (stG);
  • Registered Civil Law Partnership (EEG);
  • Societas Europea (SE);
  • Sole Proprietorship;
  • Foreign company branch or representative office.

Bookkeeping in Austria

  • Annual report filing requirement - Yes.
  • Statutory audit requirement - No.
  • Annual return filing requirement - No.

Company Formation Requirements

  • Certificate of incorporation;
  • Articles/Memorandum of Association;
  • Minimum share capital requirements of €70,000 (at least 25% should be paid upon company formation);
  • Minimum of two shareholders;
  • Company Extract and Financial statements
  • Company’s bank account (capital payment contribution);
  • Payment evidence of capital contribution;
  • Tax identification obtained from the tax authority.

How to Register a Company in Austria: The Registration Process

Step 1. Law and Trust works with the client to get the company’s name and activity approval from the Commercial Registry;

Step 2. Law and Trust with the client to secure the Memorandum of Association (MOA);

Step 3. Law and Trust collects, prepares and files the necessary incorporation documents on behalf of the client to the relevant authorities for approval;

Step 4. Law and Trust works with the client to open a corporate bank account in Austria;

Step 5. Law and Trust deliver the certificate of incorporation personally to the client or via courier service.

Austria Company Formation FAQs

How much does it cost to register a company in Austria?

The cost of registering a company in Austria is $9825. the total cost includes the preparation of legal documents, company registration, payment of all taxes and fees at the time of registration and legal address for the company (a year).

How long does it take to register a company in Austria?

It takes four weeks to complete the company registration process in Austria.

What is the most common type of company formation in Austria?

The most common type of company formation in Austria is the Limited Liability Company (GmbH). A legal entity that shareholders aren’t personally liable for the company except the mandatory minimum share capital contribution. The Joint-stock Company/Cooperation (AG) is another common business entity formed

Do I need a local address to register a company in Austria?

Yes, it is required to have to a registered address in Austria to complete the necessary company registration and formation process.

How can I register a company name in Austria?

The registration of a company name begins with the filing of the appropriate documents, Law&Trust helps with preparation and compilation of the necessary documents ensuring it meets the requirements set out by the Commercial Registry with regards to the approval of a company name.

WHY INCORPORATE WITH LAW&TRUST INTERNATIONAL?

Benefits of company registration, formation, and incorporation services with Law&Trust International in Austria include:

Full range of related services: Provision of a full range of legal, corporate, government, and business intelligence related services in Austria. A detailed overview of our services includes full legal support of the company registration procedure, obtaining a legal address, interaction with the official government authorities of the jurisdiction, state fees, legal address of the company for a year, production and registration of company stamps and advising the client as part of the registration process. Opening a bank account and the cost of these services are discussed during the consultation.

Professionals and expertise of Law: Worldwide registration and legal maintenance of companies, accounting services, and audit, tax planning and optimization, trademark and patent registration. Law and Trust provide clients with the best company incorporation services.

Domestic service: Law&Trust ensure our services cover every region, area or state in Austria. Be rest assured that no matter where the new company intends to incorporate in Austria, we’ve got the location covered.

Free initial advice: Free consultation from the lawyers of Law&Trust International regarding strategies or the provision of services for analyzing and developing a legal position on an issue the client raises in Austria.

Confidentiality: Law&Trust makes use of modern technological features to keep the records and details of every client safe.

Efficiency and productivity: Strategically providing up to date personalized services to help your business succeed.

READY FOR COMPANY INCORPORATION?

If you are interested in registering and incorporating a company in Austria, contact Law & Trust International by simply sending an email or call now to take your business to the next level!

Set of documents
   
  • Apostilled Articles of Association 
  • Minutes of the Meeting 
  • Apostilled Opinion Letter of Board of Directors 
  • Protocol
  • Share Certificates 
  • Apostilled Resolutions of the Subscribers 
Nominee director and shareholder
 EUR  
  • Apostilled Power of Attorney  

General information
Square83 871.00
Population8 219 740.00
Unemployment10.00
State polityfederal republic
Telephone code43
Place in the world in corruption16
locationCommon Law
ClimateTemperate; continental, cloudy; cold winters with frequent rain and some snow in lowlands and snow in mountains; moderate summers with occasional showers; avg. maximum temperature (July) +30°; avg. minimum temperature (January) 0°
Literacy rate98.00%
Ethnic groupsAustrians 91.1%, former Yugoslavs 4% (includes Croatians, Slovenes, Serbs, and Bosniaks), Turks 1.6%, German 0.9%, other or unspecified 2.4% (2001 census)
National currencyEuro
USD exchange rate0.75
GDP per capita18
Official languageGerman
Credit ratingN/R
Corporate information
Opportunity to purchase ready-made companiesНет
Legal systemCivil Law
The use of the Cyrillic alphabet in the nameНет
Local registered officeНет
Organizational and Legal FormsStock Corporation (AG), Limited Liability Company (GmbH), General Partnership (OG), Limited Partnership (KG)
Indication of BPA in the nameAG
Local registered agentНет
Shares and share capital
Bearer sharesНет
Terms of payment of the issued capitalWhen registering
Possibility to issue shares without par valueНет
Taxation
VATНет
Basic corporate tax rate25.00%
Capital gains taxНет
Currency controlНет
Corporate tax rates detailsUpdated February 2018: Minimum corporate income tax of EUR 1,750 for limited liability company and EUR 3,500 for joint stock company.
Stamp dutyНет
Director and Secretary
Minimum number of directors1
The requirement for residency directorsНет
Director of legal entities are allowedДа
The data reveals to the local agentДа
Data field to the public registryНет
The requirement for the presence of the SecretaryНет
Requirement to the residense of the SecretaryНет
Requirements to qualification of the SecretaryНет
Legal entity as the SecretaryНет
Shareholder and beneficiary
Minimum number of shareholders1
Data is entered in the public registerНет
Shareholders residency requirementНет
Information about the beneficiary is disclosedНет
Information may be disclosed to the local agentДа
Shareholders-legal entities are acceptableДа
Reporting
The requirement for filing reportsДа
Open access to reportsНет
Statutory auditНет
The requirement for filing Annual ReturnНет
Open access to the Annual ReturnНет
The requirement for reportsДа
Treaty on avoidance of double taxation (States which signed)44
Membership in the OECDДа
Is it offshore according to Russian legislationДа
Trademark Registration
TM Comprehensive Study TM Registration Request TM Registration Certificate Total
First Class Additional Class First Class Additional Class First Class Additional Class First Class Additional Class
230.00 60.00 1850.00 150.00 0.00 0.00 2080.00 EUR 220.00 EUR
«TRADEMARK» refers to «Wordmark», «Logo» or «Wordmark + Logo»

Prices include all professional and official fees. If the change of official duties or exchange rates prices may vary.

В Австрии Заявка на регистрацию товарного знака покрывает 3 класса; поэтому плата за дополнительный класс применяется к каждому последующему классу после 3. (В Австрии регистрация торгового знака охватывает до 3-х классов; Таким образом, плата применяется только к дополнительным классам после третьего.)
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