Businesses and self-employed individuals must obtain a business license in Austria in order to conduct their activities in various sectors. Our lawyers in Austria can give entrepreneurs information about the required special permits and licenses according to the business field in which they want to carry out the activities.
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Who needs a trade license in Austria?
The trade license is mandatory for all business establishments in Austria, whether they are a sole proprietor, a partnership, or a corporation. According to law, any activity performed independently, with the purpose of deriving income is a trade. Here is interesting information:
- Pre-conditions for trade licenses apply in the case of sole proprietors in Austria. Our attorneys in Austria can give you further information on opening this type of business entity.
- The Austrian law distinguishes between free traders (those who perform their business without formal qualifications and regulated traders (those who operate under special certificates).
- The first category includes retail traders, the IT sector or the media/advertising sector. Catering or hospitality services are a separate category for which proficiency certificates are needed.
What is a certificate of competence and why is it required?
The certificate of competence can be requested as part of the application for a business license in Austria. This document is necessary for regulated trades and refers to craftsmen certificate, university graduation diploma, etc. If this certificate of competence does not exist, the evaluation of individual qualifications should be applied for, as stipulated by the legislation regarding the trade license in Austria. We recommend those interested in this type of license to contact our Austrian lawyers and familiarize yourself with local regulations.
Licensing requirements for professional services in Austria
A professional business license in Austria can be obtained without difficulty and you can even opt for our legal services. If in the case of citizens from the European Union, the condition of having residency in Austria is not imposed, in the case of those coming from non-EU/EEA countries, this requirement is mandatory. Here are other conditions:
- presenting a clear criminal record,
- should fulfill legal qualifications for the respective profession,
- should apply for a trade license in Austria with the Economic Chamber.
We underline the fact that the competencies and foreign qualifications are recognized in Austria, but in certain cases, there may be exceptions. Starting from here, we advise you to discuss all legal aspects with one of our attorneys in Austria when you apply for a business license.
Statistics about companies in Austria
We present some interesting statistics about the number of companies registered in Austria in various business sectors:
- An estimated number of 320,000 companies are active in Austria.
- Over 30.6% of all companies registered in Austria operate in the services sector.
- Around 22.4% of the number of companies incorporated in Austria are operational in the finance, insurance, and real estate sectors in this country.
In addition to assistance in obtaining a business license in Austria, our specialists can also help you in other endeavors. For example, you can choose the legal services offered by our immigration lawyers in Austria if you want to relocate. Moreover, even those already established can opt for our services if interested in citizenship in Austria. We are here for any kind of information, so do not hesitate to contact our law firm in Austria.