Do you want to open a holding company in Austria? You can opt for the legal services offered by one of our lawyers in Austria. We have experience in business matters and offer specialized assistance for those who want to enter the Austrian market with the desired entity. In the following lines, you can discover information about what a holding company in Austria entails and how it can be registered.
The limited liability company can be formed with one shareholder and one director with a minimum share capital of EUR 35,000 in cash or kind. The joint stock company can be incorporated by at least one shareholder with a minimum capital of at least EUR 70,000. This capital is divided into shares and each share has to value of least EUR 1.
As far as the management of the company is concerned, the AG must have a Board of Directors with at least three members on the Supervisory Board and they must convene at least four times each year. There are certain conditions for the Supervisory Board members. The GmbH has lighter management requirements, with a Supervisory Board being mandatory only in special cases when the company has a capital of more than 70,000 EUR or it has more than 50 shareholders.
The incorporation of a holding company in Austria must follow the same steps as for the registration of a local company. It is allowed here that the shareholder is either an already established entity or a natural person. Here is what you need to know when setting up a holding company, noting that our Austrian lawyers can offer you specialized legal support:
We specify that the holding company in Austria can be incorporated in a maximum of 7 weeks. We recommend the legal help of our attorneys in Austria so that all the procedures are completed and the documents are drawn up correctly.
Ownership of assets in different businesses is the main purpose for registering a holding company in Austria. These businesses are called subsidiaries, where the management is independent. In this case, the obligations and responsibilities imposed by the holding company in Austria are respected. It is good to know that the number of shares owned in another firm determines the powers the holding company has in its daily management. On the other hand, companies can be established in Austria or abroad. A holding company in Austria can own real estate properties, shares, trademarks, patents, licenses, etc. We invite you to discuss with us to find out as much as possible about what ownership of holding companies in Austria entails.
Below you can discover some of the advantages of holding companies in Austria:
Austria is the fundamental hub between the East and West parts of Europe. The companies established here enjoy a great business climate and workforce, among many other aspects. The fact that Austria has a stable economy and is appreciated from a political point of view can only make room for international investors to conduct their business in more than optimal conditions. Here are some statistical data about the country’s economy, if you want to start a business in Austria:
In addition to the services offered for the registration of a holding company, you can also call on our immigration lawyers in Austria. Our specialists can help you get residency in Austria. Those interested can learn more from us about immigration to Austria. Foreign citizens who qualify can opt for citizenship in Austria and obtain the desired status. If you want to open a holding company and you need more information, you may contact our law firm in Austria.