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(+43) 720 3037351
Company Formation Austria



Open a Fintech Company in Austria

Updated on Wednesday 12th December 2018

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Open-a-fintech-company-in-Austria.jpgForeign investors who want to do business in Austria can set up fintech companies as the country is currently one of the most appealing European destinations in this field. Not long ago, the government has launched various programs for startups, many of these companies operating in the fintech sector which is why Austria now has a ‘fintech ecosystem’.

Our company formation consultants in Austria can explain the legislation applicable to financial companies interested in adopting technology in order to improve their services.

Financial technology in Austria

Fintech is short from financial technology which in Austria is the main industry startup companies operate in. IT companies and financial ones are the most prolific fintech businesses in the country because of the large number of communities and incubators created in the last few years.

The government also has created various programs through which fintech companies can access funds and benefit from many tax advantages. Among the programs for fintech companies are:

  • -          the Startup Program enabled by the government which provides for tax exemptions on dividends;
  • -          the Elevator Lab which is a platform dedicated to fintech companies;
  • -          venture capital funds through which fintech companies can raise money.

Our Austrian company formation agents can assist with the registration of a startup company.

Austrian company registration on the fintech industry

Foreign and local investors who want to start fintech businesses in Austria can choose between the several types of companies accepted by the Commercial Law. The company incorporation process is quite simple and does not imply any special requirements as long as the company is not a financial institution.

In the case of financial companies, certain share capital requirements and licensing procedures with the Financial Supervisory Authority in Austria are necessary.

Among the services which can be provided by a fintech company in Austria are:

  • -          digital payment solutions;
  • -          the creation of crowdfunding platforms;
  • -          robo-advisory services;
  • -          blockchain technology and virtual currency creation.

If you want to set up an Austrian fintech business and need assistance, do not hesitate to contact our local advisors.


Meet us


Call us now at (+43) 720 3037351 to set up an appointment with our company formation specialist in Austria - Dietmar Erwin Ruttensteiner. Alternatively you can incorporate your company without traveling to Austria.

As a Ruttensteiner Business Consulting 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.

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The team from is very qualified and benefits from extensive expertise in this area. I would definitely recommend them to any entrepreneur decided to start his own business here.

Mihai Cuc, Partner of
Enescu&Cuc; Law Firm

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