Company Formation in Austria
Company registration in Austria allows you to run a successful business in Europe.
- Competitive corporate tax rate for the EU
- Remote incorporation and management possible
- Possibility of opening a prestigious bank account
- One of the best-reputed jurisdictions in the world
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Blockchain enthusiast and expert on cryptocurrency and FinTech related laws.
Costs & Packages - Company Formation in Austria
Choose a package that you would like to receive more information on.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
+44 20 4577 0974
Blockchain enthusiast and expert on cryptocurrency and FinTech related laws.
+44 20 4577 0974
Receive a call from our experts about company formation in Austria for your project.
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Initial consultation with an expert
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Turnkey Company Formation
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Company contact person
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Registered legal company address for 1 year
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Remote incorporation
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Notary Services
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Company Secretary
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Local personnel
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Accounting for 1 year
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Long-term POA
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Apostilled set of documents
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Additional legal support
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Corporate Account
Start your business project with a company in Austria with this basic package.
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Initial consultation with an expert
-
Turnkey Company Formation
-
Company contact person
-
Registered legal company address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Local personnel
-
Accounting for 1 year
-
Long-term POA
-
Apostilled set of documents
-
Additional legal support
-
Corporate Account
Full turnkey company formation and support in all necessary aspects. Customized pricing!
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Initial consultation with an expert
-
Turnkey Company Formation
-
Company contact person
-
Registered legal company address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Local personnel
-
Accounting for 1 year
-
Long-term POA
-
Apostilled set of documents
-
Additional legal support
-
Corporate Account
We take our pride in what our clients say about us
Quick set-up and straightforward process. It was a smooth process, we are happy to have chosen LegalBison as our Partner for incorporations, globally.
Very proactive, responsive, and able to provide solutions and advice. The firm is familiar with the new industry of blockchain and cryptocurrency
We are happy to cooperate with LegalBison for more than 2 years and during this time they definitely secured a reputation of very professional and reliable partner. Great knowledge, competence and good attitude. Keep up the good work!
Best company for Crypto Licenses! Kudos to the team for making the incorporation of our company really smooth
The team of LegalBison was very helpful and fast in supporting my company’s structural set up. They are undoubtedly top-level experts when it comes to licensing and registrations in the crypto and web3 industry. Highly recommend!
I highly recommend Legal Bison to any entrepreneur or business seeking top-notch services for their company formation. Their commitment to excellence and customer satisfaction is truly commendable.
As a result of the fruitful cooperation with LegalBison, Yellow Card obtained a VASP registration, fast and without any legal complications.
LegalBison excels at adapting to challenges and demonstrates a perfect understanding of our business needs.
LegalBison helped us navigate a space that’s often uncertain and complex, which gave us the confidence to move forward with our project.
Incorporation Assistance in Austria - Free Consultation
Start your business in Austria with the assistance of our team. Contact us now for a free consultation.
Getting started with company registration in Austria
Find out all the necessary information about company formation in Austria. Discover why Austria is a popular jurisdiction and how it may help your business to reach another level. Additional information on demand, directly with our team of experienced consultants.
- Timeline
- Duration
- Remote incorporation
- Required Information
- VAT in Austria
- Documents
What is the procedure for registering a company in Austria
The Austria company formation process is very simple. The experts of LegalBison will assist you throughout every step of it:
- Initial consultation and agreement;
- Payment of the full invoice;
- [IF REMOTELY]: Notarization of POA by client;
- Preparation of registration documents;
- Document signed at the notary;
- Official register validity: immediately.
How long does it take to register a company in Austria?
20-30 working days are typically required to form an Austrian AG.
Remote incorporation of a company in Austria
The whole incorporation process can be conducted remotely. No travel is necessary but notarization of documents is necessary.
- A Power of Attorney (POA) from (all) partners/shareholders is needed;
- The POA is sent to you by us based on the services you want;
- You have to certify the POA by a notary and in some cases legalize it by apostille (some countries need full legalization);
- Once you have the POA on your hands, we double-check, and you send us the original form (physical document!) via courier to our address;
- Austria is part of the Hague Convention of the Apostille.
What LegalBison needs to start your company in Austria
- 3 options of your desired name for the company and a company contact email address;
- Names, addresses, and emails of all shareholders and board members;
- Short description of your company's activity.
Without VAT number in Austria
- Your company will not be eligible to receive VAT refunds, which means everything bought is 20% more expensive (important: B2B payments between two VAT-exempt companies are not more expensive);
- Your company will not have to file monthly tax returns (prerequisite: no one receives a salary), which means low costs.
With VAT number in Austria
- A VAT identification number can be requested and assigned upon completion of 3 forms;
- The company will be eligible to receive VAT refunds, which means you can make use of the reverse-charge mechanism;
- Monthly tax returns have to be filed, even if no transactions occur;
- VAT must be declared and paid the latest on the 15th day of the following month it was applicable to;
- VAT relief is also possible.
Before we help you to apply for a VAT number (in Austria 20%) you should carefully think about the advantages and obligations that go along with it. Registering as a VAT payer might be either voluntary or obligatory, depending on the turnover.
Documents to provide in order to start your company in Austria
- Passport copies (scans) of shareholder/s and director/s, also beneficiary owner if applicable;
- A Power of Attorney (in case of a remote company registration);
- Certified company documents (in case at least one of the shareholders is going to be a foreign company).
Alternatives to company formation in Austria
Our team has curated the following jurisdictions as being worthy alternatives to a company registered in Austria
Company Formation in Germany
from 2.410 €-
Top jurisdiction
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Prestigious banking
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100% remote
Company Formation in Liechtenstein
on request-
Luxurious financial center
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Low taxes
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Part of the EEA
Company Formation in Poland
from 1.500 €-
0% Tax if undistributed
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A fast growing EU state
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Tech savvy workforce
Company Formation in Czech Republic
from 3.000 €-
Very low tax
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Foreigner friendly
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Everything remote
Company Formation in Hungary
5.940 €-
Lowest tax rate in the EU
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Strategic location
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Fast remote incorporation
Company Formation in Bulgaria
from 1.850 €-
Ideal EU jurisdiction
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5-10% tax
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Fast and cheap process
Things to know before registering your company in Austria
What are the corporate taxes in Austria
The corporate income tax in Austria is 23% of the profits generated.
A minimum yearly contribution of 500 EUR (for the five first years) and then 1,000 EUR has to be paid in case of losses, low profits, or simply a corporate tax under this amount.
The capital gains tax is 27.5%.
Double tax treaties signed by Austria
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion.
Albania, Algeria, Argentina, Armenia, Australia, Azerbaijan, Bahrain, Barbados, Belarus, Belgium, Belize, Bosnia and Herzegovina, Brazil, Bulgaria, Canada, Chile, China, Croatia, Cuba, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Ireland, Israel, Italy, Japan, Kazakhstan, Korea (South), Kosovo, Kuwait, Kyrgyzstan, Latvia, Libya, Liechtenstein, Lithuania, Luxembourg, Macedonia, Malaysia, Malta, Mexico, Moldova, Mongolia, Montenegro, Morocco, Nepal, Netherlands, New Zealand, Norway, Pakistan, Philippines, Poland, Portugal, Qatar, Romania, Russia, San Marino, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Syria, Taiwan, Tajikistan, Thailand, Tunisia, Turkey, Turkmenistan, Ukraine, United Arab Emirates, United Kingdom, United States, Uzbekistan, Venezuela, and Vietnam.
Accounting and auditing requirements for companies in Austria
A Corporation Tax Declaration has to be filed after the end of every calendar year.
The declaration must include financial statements and existing reports (business reports, audits).
What are the residential requirements in Austria?
- Companies in Austria are liable to have a registered office in Austria;
- A managing director has to be appointed, that is either an Austrian citizen or the holder of a residence permit in Austria;
- This managing director is a prerequisite for a business license (or trade license), which is required for most business activities in Austria.
LegalBison offers help with all of the above requirements. We assist and are local on the ground. Speak now for free with one of our consultants to get your business started.
- Taxes in Austria
- Double Tax Treaties
- Accounting and audit requirements
- Residency requirements for company holders
What are the corporate taxes in Austria
The corporate income tax in Austria is 23% of the profits generated.
A minimum yearly contribution of 500 EUR (for the five first years) and then 1,000 EUR has to be paid in case of losses, low profits, or simply a corporate tax under this amount.
The capital gains tax is 27.5%.
Double tax treaties signed by Austria
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion.
Albania, Algeria, Argentina, Armenia, Australia, Azerbaijan, Bahrain, Barbados, Belarus, Belgium, Belize, Bosnia and Herzegovina, Brazil, Bulgaria, Canada, Chile, China, Croatia, Cuba, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Ireland, Israel, Italy, Japan, Kazakhstan, Korea (South), Kosovo, Kuwait, Kyrgyzstan, Latvia, Libya, Liechtenstein, Lithuania, Luxembourg, Macedonia, Malaysia, Malta, Mexico, Moldova, Mongolia, Montenegro, Morocco, Nepal, Netherlands, New Zealand, Norway, Pakistan, Philippines, Poland, Portugal, Qatar, Romania, Russia, San Marino, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Syria, Taiwan, Tajikistan, Thailand, Tunisia, Turkey, Turkmenistan, Ukraine, United Arab Emirates, United Kingdom, United States, Uzbekistan, Venezuela, and Vietnam.
Accounting and auditing requirements for companies in Austria
A Corporation Tax Declaration has to be filed after the end of every calendar year.
The declaration must include financial statements and existing reports (business reports, audits).
What are the residential requirements in Austria?
- Companies in Austria are liable to have a registered office in Austria;
- A managing director has to be appointed, that is either an Austrian citizen or the holder of a residence permit in Austria;
- This managing director is a prerequisite for a business license (or trade license), which is required for most business activities in Austria.
LegalBison offers help with all of the above requirements. We assist and are local on the ground. Speak now for free with one of our consultants to get your business started.
About company registration in Austria
Registering a limited liability company in Austria is recommended to do business in Austria, Central Europe, and the German-speaking countries (Germany, Liechtenstein, Switzerland) or to conduct business within the European Union. Austria is very reputable and has a decent corporate income tax for its status.
Depending on your objective and your business model, another jurisdiction might fit better. To determine whether Austria is the best place for your business, get in touch with our experts.
With the rule of the privileged GmbH, it is possible to start a company with only 5,000 EUR of cash to deposit (for a declared authorized capital of 10,000 EUR). Add this to the registered office, resident managing director, and an accountant (if needed) to get a first estimate of a budget. We advise you to get in touch with our experts with a detailed business plan to get a personalized answer to the question of the costs.
Yes, GmbH means “Limited Liability Company” in German, which is Austria’s official language.
Contact us
Request more information about incorporation in Austria now. Inquire about the costs, timeframe, and special recommendations for your particular project case. The first consultation is free.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Blockchain enthusiast and expert on cryptocurrency and FinTech related laws.
