If you are looking for an opportunity to expand your business profitably and take a convenient position in the European market, then registering a company in Austria remotely or opening a corporate account in the Austrian bank will be the best solution in 2020. Austria is a progressive federal state, located in Central Europe. The country has a comprehensively developed economy, the strongest industries of which are: a textile, a woodworking, an electrical, a chemical, a petrochemical.
The capital of the Australia Republic is Vienna. The official language is German. A monetary unit is the euro. Austria is among the participants in such global organizations as the European Union and the United Nations.
According to the assessment of the world-famous financial magazine Doing Business, in 2019 Austria took the well-deserved 1st place in international trade. Also, in the registration of enterprises, the country was in 32nd place, in terms of ease of doing business - in 26th place, and in ensuring the fulfillment of the terms of contracts - in 10th place.
Speaking about main benefits of jurisdiction for foreign entrepreneurs, who may be interested in registering a company in Austria, it is worth highlighting the following points:
Those, who have been attracted by the idea of registering an Austrian company for a long time, should pay attention to such business niches in 2020: a tourism, a construction industry, an energy sector, a banking and insurance, a science and innovation.
As of 2020, the list of the most common legal forms characteristic of the Republic of Austria is as follows:
To register a commercial firm in Austria as successfully as possible, study carefully the following conditions:
If you want to open a company in Austria, please note, that resident limited companies (GmbH) and joint-stock companies (AG) pay a fixed corporate tax rate of 25% on profits made both in Austria and beyond.
In turn, non-resident companies are subject to a limited tax on certain sources of income received within the country.
IQD Consulting specialists will consult on registering a company in Austria remotely, provide assistance in registering an account with an Austrian bank, provide advice on obtaining business licenses in Austria as soon as possible, and provide a number of additional qualified services. The company registration period is 14 days.