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Business Restructuring in Austria

Business Restructuring in Austria

Business restructuring in Austria encompasses a variety of actions used to reorganize the structure of a company, at an operational and legal level as well as in other areas, in order to resolve financial difficulties or potential insolvency. 

Our law firm in Austria offers complete legal services for companies, includes legal advice and counseling for business restructuring.

Strategies for business restructuring in Austria

Companies that experience difficulties both at a financial level and in terms of sustainable growth and success can implement a set of business restructuring strategies with the help of a team of experts. Certain organizational areas within the company can be evaluated in order to determine the issues that determine the disorganization and the inefficient operations. 

We present some of the commonly used business restructuring strategies, that are adapted as needed:

  • – Debt restructuring: specialized legal aid for debt collection and restructuring so that your company can reduce the overall financial burden.
  • – New company strategy: the mission and the values of the company can be redefined to match the current market situation or the managerial changes that have taken place over the years.
  • – Human resources optimization: faulty human resources management can lead to a decrease in overall company productivity; effective training and HR policies are a priority in this case.
  • – Company re-organization: our lawyers can help you with department reorganization and the implementation of the new company structure. 

Companies face different issues, however, some of the most common ones that can lead to business difficulty include lack of strategy and lack of financial resources, high operating costs and inadequate procedures implemented within the organization. 

Our team of lawyers in Austria can help you with a complete legal evaluation of your company and, together with our experts, we will outline the most suitable restructuring strategy. 

We help foreigners obtain residency in Austria, providing support in preparing the documents required by the authorities. These include a valid passport, health insurance, bank statements, and birth certificate. We mention in this case that the issuance of the residence permit can be done in approximately 3 months and has a validity of 1 to 3 years. In addition, the main candidate can also apply for family members, which is a benefit.

Legal aid for company restructuring in Austria

Our team of attorneys in Austria can help you with the needed legal support for identifying and solving distressful business situations. An independent legal and corporate review provided by our agents will represent the first step for an efficient business restructuring strategy.

Contact our law firm in Austria to schedule a meeting with our team and discuss the first steps towards company reorganization and restructuring.