Private Company Limited by Shares in Austria
Austria is home to a wide variety of companies. Limited liability companies, or GmbHs, are the most popular. Despite this, a sole proprietorship is the simplest type of business to start due to the lack of a necessity for share capital. We are experienced, goal-oriented, and dedicated to handling the squawks at your company.
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A commitment to satisfying our customers, to accurate document filings, to prompt service for those matters under our control, and to supporting our valued clients’ best interests. We guide you through the process seamlessly.
Private Company Limited by Sharesy registration conditions
Before GmbH registration applicant must:
- Confirm if the company name is available to use by contacting the Economic Chamber.
- Before a notary, draft and sign the Memorandum and Articles of Association.
Timeline
It can take up to two weeks to establish a GmbH in Austria.
Fees
To establish a GmbH, you’ll need a minimum share capital of 35,000 euros. At least half of the share capital must be paid up in full before the company can be formed. A bank certificate is required to verify the company’s bank account’s minimum deposit of 17,500 euros.
Compulsory regulation
In Austria, all limited liability companies must choose a company name that does not clash with the name of another legal organization.
The acronym “GmbH” must be at the end of every company name. The company name can include a feature of the business’s nature or object that can be inferred and understood by third parties. In addition, the company name can include a combination of shareholders’ surnames as well as the nature of the business.
Documents
The following documents are required:
- Application submitted to the Austrian Commercial Court,
- Commercial Register entry,
- Specimen signature statement/s by the managing director/s, attested by a notary public,
- Evidence of payment of the cash contribution,
- Evidence on the payment of the share capital transfer.
We can help prepare and guide you through the filing of the documents necessary for the incorporation.
Consultation about Private Company Limited by Shares registration
Our consultation services for the registration of Private Company Limited by Shares aim to assist you at every stage of setting up your business in Austria. Our knowledgeable advisors will support you with completing initial paperwork, securing required permits and registrations, and offering tailored advice on legal obligations, share capital, and corporate framework to facilitate your decision-making in line with your business objectives.
Ownership management
The task of managing the ownership of a Private Company Limited by Shares is complicated yet essential. Our services consist of dealing with ownership changes, overseeing beneficial owners, and managing ownership transfers. We guarantee that all changes in ownership are adequately recorded and meet the most recent regulations.
Corporate structure changes
As your business grows, your corporate structure may also need to evolve. We offer a range of services to help you make changes to your directors, nominate information, or any other structural adjustments seamlessly and efficiently.
Share capital management
Managing share capital is crucial for the financial well-being of your company. Our services include assistance in raising, decreasing, selling, and transferring share capital, guaranteeing that all transactions are done correctly and in compliance with the law.
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