| Service name | Standard set | Premium set |
| Company registration | + | + |
| Official address for 1 year | + | + |
| Apostil set | – | + |
| The Power Of Attorney | – | + |
| Bank account | – | + |
| Formation fee | 2500 EUR | 2700 EUR |
| Fee for yearly administration | 800 EUR | 900 EUR |
General information
Area – 83,855 sq. km
Population – 8,500,000 inhabitants
Сapital – Vienna
Official language – german
Official currency – Euro (EUR)
Legal form of Company
Most common form of legal entity in Austria is Company with limited liability (Gmbh)
Key specials
Virtual office is required for all Austrian Companies, even for dormant
In order to get benefits under double tax treaties, Company should have at least one Austrian resident director.
Providing of banking, insurance or trust services are subject of special license
Share capital
Minimum share capital of Austrian Gmbh is 35,000 EUR, of which at least 50% has to be paid up in cash
Authorized issue of registered shares with par value only
Bank account opening
For Austrian Company we offer bank accounts in following countries:
Austria
Latvia
Estonia
Lithuania
Switzerland
Cyprus
Denmark
St. Vincent and the Grenadines
Belize
Seychelles
Tanzania
Bosnia
Hong Kong
Dubai
Directors
Minimum one director is required
Use of nominee directors is allowed
Directors can be residents of any country
Directors can be private or corporate
Shareholders
Minimum one shareholder is required
Use of nominee shareholders is allowed
Shareholders can be residents of any country
Shareholders can be private or corporate
Taxation
Value added tax – 20%
Corporate tax – 25%
Accountancy
Monthly book keeping is required
Financial statements must be submitted every year
Timeframes
New Company registration takes from 1 day.
Shelf companies are available.
For more information, please contact us.