Austria is a prosperous and sophisticated business center at the heart of the Eurozone and European Union and a traditional trading bridge to Eastern Europe and the Balkans. Austria is consistently ranked as one of the richest countries in the world by per capita GDP terms. The country has developed a high standard of living and boasts one of the highest per capita income from tourism in the World.
- Tax benefits: Corporate tax is a flat rate of 25 %. The minimum tax payable is € 1,750 for a GmbH and € 3,500 for an AG. Capital duty of 1 % is levied on the amount of capital contributed to a new corporation or when the capital of an existing corporation is increased.
- Banking facilities: The biggest European banks are represented in Austria.
- Less risks: Austria is the fourth richest country in the EU.
- Fast and easy procedures: Modern and efficient public administration and excellent infrastructure.
- Benefits: Austria actively welcomes foreign entrepreneurs and investors to start their business here, having similar rules as for Austrian entrepreneurs. Has approx. 80 double tax treaties.