Company registration in Austria

Service name Standard set Premium set
Company registration + +
Official address for 1 year + +
Apostil set +
The Power Of Attorney +
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

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.