• [En]
  • [Fr]
  • [Es]

  (+44)203-287 0408

  office(at)lawyersaustria.com

(+44)203-287 0408
office(at)lawyersaustria.com
Company Formation Austria

CHECK COMPANY
NAME AVAILABILITY (Step 1)



Articles

Buy Shelf Company in Austria

Updated on Wednesday 03rd January 2018

Rate this article
5 5 1
based on 1 reviews


Buy-shelf-company-in-AustriaForeign investors who want to enter the Austrian market can do so by registering a new company or by buying a ready-made company, also known as a shelf company. The ready-made company is registered and kept “on a shelf” until it is sold. Another characteristic of the Austrian shelf company is that it can be kept until it ages, and thus allow an investor to incorporate a foreign company’s history in it after the purchase.

Our Austrian company formation agents can assist foreign investors who want to purchase shelf companies in this country.

How to buy a shelf company in Austria?

The most common types of ready-made companies that can be bought in Austria are the limited liability company and the public company, usually known as stock corporation. Buying an Austrian shelf company means buying its shares, a process which is completed by drafting a sale-purchase agreement which is signed before a public notary. Once the company is bought and the share transfer has been made, the new owner can bring several changes to the company, among which the name, the company address and directors are the most usual.

Foreign investors buying shelf companies prefer this type of company because they reduce the time spent with the company formation process in Austria.

What are the features of ready-made companies in Austria?

All Austrian shelf companies have been registered with the Commercial Register, so they will have the Memorandum and Articles of Association drafted. After buying the shelf company, the new owner must amend these documents. Considering these companies also have directors, their replacement must be reported with the Austrian Trade Register. These companies also have dormant accounts. However, once purchased, the shelf company must be registered for VAT.

Why buy a shelf company in Austria?

The main reason to purchase a ready-made company in Austria is the time spent on the registration of a new company. Secondly, one can buy a shelf company in any Austrian city they want. The third important reason to buy a ready-made company is that one will be allowed to apply for loans, if necessary. From a business point of view, creating relations with new partners and clients can be easier through an Austrian shelf company.

Please feel free to contact us whether you want to buy a shelf company or to open a new company in Austria.

Comments

There are no comments

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Meet us in Vienna

Call us now at (+44)203-287 0408 to set up an appointment with our lawyers in Vienna, Austria. Alternatively you can incorporate your company without traveling to Austria.

As a Bridgewest client, you will benefit from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Austria.

Contact us

Online Incorporation

tax-calculator-austria

Tax Calculator

tax-calculator-austria

We recommend ClientPedia

This website is marketed by ClientPedia

banner Clientpedia.jpg