Start a business in Austria
Austria is renowned for its favorable economic environment and friendly setting for business owners, presenting numerous opportunities to bring your vision to life. Our firm is dedicated to supporting you at every step, offering expert guidance and assistance to ensure a seamless and successful start for your business.
Steps and solutions
Our systematic approach simplifies the process of starting a business in Austria. We provide tailored solutions that accelerate the journey to success, covering everything from selecting the optimal corporate structure to comprehensive help with registration, licensing, banking, and additional needs.
Determine business activities
A key step in launching a business is identifying its activities. This involves specifying the main functions, services, or products that the company plans to provide or pursue. Accurately describing these activities is vital for meeting legal requirements and developing a strong identity for the business. We support the establishment of businesses in various sectors, including but not limited to:
- Aviation
- Bank
- Blockchain
- Business support
- Cars and vehicles
- Construction
- Consulting
- Distribution
- DIY retail
- Education
- Electronics retail
- Energy
- Farming
- Finance
- Fitness
- Food and beverage retail
- Freight and package transportation
- Healthcare
- Hotels and motels
- Information technology
- Laboratory
- Logistics
- Manufacturing
- Marketing
- Media
- Minerals
- Printing
- Publishing
- Real-estate
- Restaurant
- Tourism and travel
Choosing the right legal entity type
Choosing the appropriate legal entity structure is the first step in setting up your business. There are several options to consider, such as Private Company Limited by Shares (GmbH), Public Limited Company (AG), Branch Office, and Holding Company in Austria. Each type of legal entity has unique effects on matters like liability, tax responsibilities, and operational flexibility. It is essential to seek legal advice and perform comprehensive research to identify the framework that best matches your company’s objectives.
Conducting thorough market research
The experts will assist you in conducting thorough market research and provide valuable insights regarding consumer preferences, market trends, and competitive analysis. With this knowledge, you will be able to develop a strong business plan and create a strategic presence in the industry.
Setup legal address
The knowledgeable team will guide you through the licensing requirements, clarify the necessary permits, and assist you with the application procedure. We will ensure that you acquire all the essential licenses.
Applying for required licenses
The knowledgeable team will guide you through the licensing requirements, clarify the necessary permits, and assist you with the application process. We will ensure that you secure all the essential licenses.
Opening a business bank account
The team will assist you in selecting a reliable bank and will guide you through the steps to open an account. We will provide support with the necessary documentation, manage communication with the bank for you, and ensure that your corporate account is tailored to fit your specific needs.
Registering your business
The experienced team will assist you with every aspect of the registration process, which includes preparing and submitting the required documents. We will streamline the registration process to conserve your time and effort, allowing you to focus on growing your business.
Setting up accounting
The experts will assist you in setting up effective accounting systems and processes, making sure you keep accurate financial records and comply with accounting standards. We will provide support in everything from bookkeeping to preparing financial statements, helping you manage your corporate finances efficiently.
Business landscape in Austria
Austria offers a stable economy, business-friendly regulations, and valuable opportunities for companies aiming to establish a presence in central Europe for manufacturing and services, making it an appealing choice for businesses seeking expansion in Europe. Its strategic location, well-educated workforce, and robust legal framework provide numerous benefits for companies interested in engaging with its vibrant market.
Start a business with us
Our team is ready to assist you at every stage of starting a business in Austria. When you’re ready to begin, please contact us using the form below for more information and to schedule a consultation. Let us serve as your reliable advisors while you explore the unique opportunities that Austria offers, turning your entrepreneurial dreams into real success.