Austria

Austrian JurisdictionA 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.