Holding Company in Austria
A holding company is a business that focuses on owning a controlling stake in the securities of other businesses. A holding business isn’t normally involved in the production of goods or services. Its goal is to build a corporate group by owning shares in other companies.
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Setup a Holding Company
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Holding company formation procedure
The Wiener Zeitung publishes a notice of incorporation, which is followed by registration with the Tax Office.
The next step is to register with the appropriate body in the Trade Register. Employees must be enrolled in social security if the company has them.
The registration with the municipality is the final stage in the incorporation process. The registration in the Trade Register, for social security, and with the municipality takes place at the same time as the tax office registration.
Requirements to form a Holding company
Before being registered in the local court, the articles of association or declaration of the establishment must be notarized. The minimum share capital must be put in a bank account, and a certificate of deposit must be requested at the outset.
Necessary documents
Some documents required for incorporation include the business name, the name of the business agent, and your company’s articles of incorporation.
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Form a Holding company in Austria
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Other legal forms in Austria
Austria is home to a diverse range of businesses. A limited liability company, or GmbH, is the most prevalent. Despite this, a sole proprietorship is the simplest type of business to start because there are no share capital requirements.