{"id":55925,"date":"2026-08-17T15:49:41","date_gmt":"2026-08-17T13:49:41","guid":{"rendered":"https:\/\/www.nzp.de\/?post_type=service&#038;p=55925"},"modified":"2026-08-17T16:08:26","modified_gmt":"2026-08-17T14:08:26","slug":"company-formation-in-austria","status":"publish","type":"service","link":"https:\/\/www.nzp.de\/en\/service\/company-formation-in-austria\/","title":{"rendered":"Company Formation in Austria"},"content":{"rendered":"<p><span data-contrast=\"auto\">Austria is arguably one of the most attractive destinations for Hungarian entrepreneurs looking to start a business abroad, for several reasons. Its proximity to Hungary makes any travel required between the countries for administrative matters quick and convenient, while even longer-term work or business obligations in Austria allow for easy visits home. In addition, Austria offers a highly developed economy, political stability, and a tax system that is favourable for the establishment of new businesses, making it increasingly popular among Hungarian entrepreneurs.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Forming a company in Austria can be an excellent solution both for those planning to operate a business there on a long-term basis and for those wishing to benefit from the country&#8217;s advantageous tax framework for new businesses. For this reason, Austrian company formation is particularly popular among asset management companies.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Who Can Establish a Company in Austria?<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Only a few requirements must be met to establish a company in Austria, making the process generally straightforward and hassle-free for Hungarian citizens.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">To establish a business, the founder must:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Be at least 18 years old;<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Have full legal capacity; and<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Be a citizen of an EU Member State, an EEA State, or Switzerland.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b><span data-contrast=\"auto\">Our international law firm can provide prompt assistance with any special legal issues that may arise.<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Looking for an Austrian company formation lawyer who speaks Hungarian? Contact us today.<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">How Does Company Formation in Austria Work?<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The company formation process is relatively simple. However, beside conducting initial research online, it is important for every entrepreneur who considers forming a company in Austria to seek professional assistance. With the support of our international law firm, you can not only avoid the stress associated with administrative procedures, but also ensure that you choose the corporate structure best suited to your needs.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The steps needed for Forming a Company:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Choosing the appropriate legal form of the company;<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Selecting the company name and registered office;<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Opening an Austrian bank account;<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Registering the company based on the prepared documentation;<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"7\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">Registering with the Austrian tax authorities.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span data-contrast=\"auto\">Types of Companies in Austria<\/span><span data-ccp-props=\"{&quot;335559685&quot;:0}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Depending on the number of participants, the nature of the business activity, the liabilities involved, and intended financing frameworks, several corporate structures are available to entrepreneurs wishing to do business in Austria.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">1.GmbH (Gesellschaft mit beschr\u00e4nkter Haftung) \u2013 Limited Liability Company<\/span><span data-ccp-props=\"{&quot;335559685&quot;:0}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">As in most countries, the GmbH is the most popular form of business entity in Austria. In this structure, the owners or shareholders bear no personal liability for the company&#8217;s obligations.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">1.2 Even Easier for Startups<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The statutory minimum share capital required for a GmbH in Austria is EUR 35,000. <\/span><span data-contrast=\"auto\">However, the so-called \u201c<\/span><span data-contrast=\"auto\">founding privilege&#8221; (Gr\u00fcndungsprivilegierung)<\/span><span data-contrast=\"auto\"> allows a company to be established with an initialcapital contribution of only EUR 5,000.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The qualifying condition for this is that the share capital must be increased to EUR 35,000 within ten years of incorporation. This simplified start-up option has made the GmbH particularly popular among startups.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">In certain circumstances, parts of the incorporation process may be completed remotely and without the founders being physically present before an Austrian notary. <\/span><span data-contrast=\"auto\">The process can be completed online and, oftentimes with the assistance of a Hungarian notary public.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n<ol start=\"2\">\n<li><span data-contrast=\"auto\"> AG (Aktiengesellschaft) \u2013 Public Limited Company<\/span><\/li>\n<\/ol>\n<p><span data-contrast=\"auto\">If the founders intend to raise substantial capital or eventually list the company on a stock exchange, establishing a public limited company (AG) would be advisable.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Shareholders are entitled to parts of the company&#8217;s share capital through shares, but they are generally not liable for the company&#8217;s obligations. The minimum share capital required to establish an AG is EUR 70,000, of which at least one quarter must be paid up upon incorporation.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ol start=\"3\">\n<li><span data-contrast=\"auto\"> Offene Gesellschaft (OG) \u2013 General Partnership<\/span><\/li>\n<\/ol>\n<p><span data-contrast=\"auto\">An OG is an unincorporated business structure consisting of two or more natural or legal persons. The partners are jointly and severally liable, without limitation, for the obligations of the partnership.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ol start=\"4\">\n<li><span data-contrast=\"auto\"> KG (Kommanditgesellschaft) \u2013 Limited Partnership<\/span><\/li>\n<\/ol>\n<p><span data-contrast=\"auto\">The KG is comparable to a Hungarian limited partnership. At least one general partner and one limited partner are required. The general partner bears unlimited liability for the partnership&#8217;s obligations. The limited partner&#8217;s liability is generally limited to the amount of capital contributed.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Hungarian Lawyer in Austria \u2013 Assistance with Company Formation<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><b><\/b><b><\/b><b><\/b><b><\/b><b><\/b><b><span data-contrast=\"auto\">Would you like an experienced legal team to support you throughout the Austrian company formation process?<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Contact us today and let us discuss the details.<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:210,&quot;335559739&quot;:210,&quot;335559740&quot;:300}\">\u00a0<\/span><\/p>\n","protected":false},"featured_media":55926,"template":"","meta":{"_acf_changed":false},"service-category":[],"class_list":["post-55925","service","type-service","status-publish","has-post-thumbnail","hentry"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Austria is arguably one of the most attractive destinations for Hungarian entrepreneurs looking to start a business abroad, for several reasons. 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