seeking to establish a presence on the Austrian market
have several choices when it comes to the business form. Among these structures are the branch office, the representative office
, and the subsidiary
An Austrian subsidiary
company falls under the scope of the Company Law and is subject an easy incorporation procedure. Our company formation agents in Austria
can explain the requirements related to opening a subsidiary
The minimum share capital for opening a subsidiary in Austria
At the level of 2021, foreign investors who want to open Austrian subsidiaries can choose the type of legal vehicle they want, however, they need to apply for various business licenses and permits.
Requirements for opening an Austrian subsidiary in 2021
The representatives of foreign companies can open subsidiaries in Austria
under the form of limited liability companies
which can be public or private. However, the most employed form is the private limited liability company.
Compared to the branch office
, the subsidiary
is an independent entity which requires the following documents for registration:
- a copy after the parent company’s certificate of registration issued by the Trade Register in its home country;
- the parent company’s resolution indicating the opening of the subsidiary in Austria;
- information about the representative of the company in Austria;
- the incorporation documents of the subsidiary which must be drafted in German.
All documents must be translated into German and certified by a local public notary.
Our local agents
can help with the preparation of the incorporation documents when setting up a subsidiary in Austria in 2021
Why set up a subsidiary in Austria?
The subsidiary company
is an independent company which can complete a wide range of activities which are not limited to those of the parent company. Also, from a taxation
point of view, the subsidiary is considered a tax resident
company, therefore will benefit from the same tax treatment
as local companies.
Another interesting fact about opening a subsidiary in Austria in 2021 is that it falls under the New Companies Promotion Law which provides for lower incorporation costs.