Avstrija

Establishing a Business and Formation company in Austria

Austrian Company Incorporation – Gesellschaft mit beschränkter Haftung (GmbH)

A limited company can be founded by one person with a minimum capital of €35,000 of which only €17,500 needs to be paid in full. There is no requirement for the directors or shareholders to be Austrian residents. The GmbH is the most convenient form of organisation owing to the relative flexibility it offers, most foreign owned businesses in Austria are operating as a GmbH. The Gesellschaft mit beschränkter Haftung (GmbH) is a separate legal entity that limits the responsibility of the shareholders to the amount of share capital.

Documents and Information

To begin incorporation of your GmbH company we need following documents:

Check-list you will receive from our consultant
Passport copy of the director
Passport copy of shareholder(s)

Incorporating your GmbH

First you should provide us with the chosen company name and desired corporate structure, including shareholders and directors. The required documents must be sent, including passport copies, check list with contact information and details about future company’s business activities. We then prepare The Articles of Association (Gesellschaftsvertrag). The minimum share capital of €17,500 needs to be deposited to the appropriate bank.

Our company prepares and sends a registration application along with following documents:

Articles of Association;
Notarized declaration of establishment;
A declaration and confirmation from the bank that minimum cash requirement has been deposited;
Signatures of managing directors, and confirmation by the tax authorities that the formation tax for capital transaction has been paid.

On behalf of the client, our company completes the incorporation by registering with the relevant local municipality. Following your company registration, we provide you with a complete company documents package including:

Original Certificate of Incorporation
A copy of Austria government-approved Articles of Association
Original share certificates
Original government receipt as evidence of payment of annual Austria company registration and license fees

We can assist you with opening of a corporate bank account. We are working with reputable international banks.

Company Name

The name of the company must end with GmbH to denote limited liability, sometimes it is required to provide a special expert opinion on the permissibility of a company’s name issued by the chamber of commerce to the commercial register, especially if company’s name includes a reference to Austria.

Directors

Directors may be of any nationality and may reside anywhere.
Only one director is required. Although there may be several.
Directors can be residents or non-resident.
Corporate directors are allowed.
Nominee directors are allowed. We provide this service.

Shareholders

Shareholders may be of any nationality and may reside anywhere
Only one shareholder is required. He can be the same person as the director
Shareholders can be residents or non-resident
Corporate shareholders are allowed

Legal address

All Austrian GmbH’s must have a legal address. It’s the address, to which the company receives its mail. The registered office must be a physical address in Austria. We provide such services.

Share Capital requirements

The minimum share capital of a GmbH is €35,000 but only €17,500 of the total share capital must be paid in before registration.

There are no share certificates in an Austrian company, so a valid transfer of the ownership of shares is only possible by signing documents’ at notary’s.

More informations Establishing a Business and Formation company in Austria

Package №1 – Company formation in Austria for startups

Reserving your Company Name;
Business address in Austria for 1 year;
Bank account for share capital deposit (from EUR 5.000);
Bank account for company purposes;
Accountancy starting with our Tax consultant;
Obtain the confirmation from the Economic Chamber that the start-up company is really a new enterprise;
Registration at the local court (Handelsgericht) and Publish an announcement of formation in the Wiener Zeitung;
A capital transfer tax (Gesellschaftssteuer) equivalent to 1% of the share capital (Stammkapital) must be paid for setting-up the GmbH;
The commercial court charges a fee when entering the new GmbH in the business register;
Production of the notarial deed (Notariatsakt) and publication of the GmbH-registration;
Register trade (Gewerbeanmeldung) with the trade authority (Bezirksverwaltunsbehoerde);
Liaise with the local registrar and relevant authorities;
Structuring the company as per your requirements;
Prepare your Company Registration Forms;
Drafting the Articles of Association / Statutes;
Notarial Work: Presentation of Documents;
Registering Deeds with the Ministry of Justice;
Presentation of Deed to the Local Commercial Court;
Appoint the Directors;
Minutes appointing first Directors;
Preparation of the first minutes of Board Meeting;
Initial Government licence fee payable for company formation in Austria on incorporation;
Certificate of Incorporation;
Issue of shares and production of Share Certificates;
All documents and certificates supplied in a professional folder;
Delivery of documents by FedEx / DHL courie

Approx price EUR 5.590

Additional Services

Post Address in Austria

Post Address in Austria, Vienna and other big cities. Annual price, post forward once per month included.

Nominee Services in Austria

Nominee Services in Austria as a local Managing Director or Shareholder. Annual price.

Approx price EUR 3.899

Virtual Office in Austria

Virtual Office in Austria – call forwarding, fax-on-email and other features for your comfort. Annual price.

Solicitor in Austria

All kinds of legal support from local solicitor in Austria:

Accountancy and company management;
Labor law and relocation to Austria;
Price per each hour.

Austrian Bank Account opening

Bank account opening in main Austrian Bank:

Internet-Banking;
First-class Bank;
Debet/Credit Cards

Package №2 – Ready - made company for startups

Ready - made Company

Acquire an Austrian ready made companiy quickly, easily and - above all – safely.

Your benefits:

Notray appointment within 24 hours
Buy the company ( GmbH) for a Fixed Price
All our registered companies have a bank account and a tax number

Buyer's Guarantee:

Confirmationfrom the tax advisor / accountant on the correctness of accounting data of the / ready made company.
You will receive a legalized company register extract
The ready made company is ready for immediate use

Approx price EUR 3.500