Austria

Why Austria?

Austria is a federal republic and a landlocked country of more than 8.5 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Hungary and Slovakia to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. Located in the heart of Europe, Austria is perfectly positioned to take advantage of the development and enlargement of the EU. It’s still the place to be for multinational companies, especially those looking to establish EMEA headquarters, who use Austria as a bridge between Western and Eastern Europe.

An attractive business destination, Austria has strength in areas such as banking and finance, precision engineering and biotechnology. It’s also a relatively easy country in which to start a business; its well-established legal system provides full legal certainty. The country makes starting a business easier by reducing the minimum capital requirement, which in turn reduces the paid-in minimum capital requirement and lowers notary fees.

Our core areas of expertise

TMF Austria provides a one-stop shop for all of your compliance needs, helping you to choose an entity structure, set it up, and then working with you with ongoing management, accounting and tax, corporate secretarial, payroll and HR services. We work from the top level right down to the basics of compliance, such as exercising corporate health checks and helping your staff with visas and immigration.

Starting a business in Austria? We can provide you with guidance in dealing with construction permits, getting electricity, registering property, obtaining credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency and labour market regulation.

Our full range of services include:

  • Accounting and tax services: we take care of local statutory bookkeeping, full consolidated accounts and management reporting to relevant local and international standards. We also help you manage your tax and reporting obligations.
  • Corporate secretarial services: we can take care of recurring compliance filings, manage routine corporate changes and retrieve any official corporate documents from official registries.
  • HR and Payroll Services: we help you to hire the right people, apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law.

Local services:

Legal compliance

  • Directorship and trade license services
  • Office space rental
  • Domiciliation services

Accounting and tax

  • Tax advisory

HRP Services

  • Immigration (visa, residence permit, work permit)
  • Labour law
  • Social security advice
  • Individual tax advice
  • Expat support
  • Payroll calculation 

To find out exactly how we can help you, speak to our experts

We deliver tailored solutions to each precise location that all you to operate smoothly from day one.

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