If you want to be represented with a power of attorney in Austria (POA) in various administrative and/or financial tasks, our Austrian lawyers are at your disposal. The following lines contain information about this important document, issued by a notary, and often used in Austria.
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What is a power of attorney in Austria, and what is it used for?
POA in Austria is a legal document that is used in various financial-administrative transactions/tasks. A person can empower another person (our Austrian lawyer, for example), to be represented in certain situations/issues, such as:
- buying/selling a house in Austria,
- car registration,
- documents signature,
- financial transactions,
- starting a business in Austria,
- registering a business for taxation, etc.
A POA in Austria involves two parties:
- the principal, who is an individual interested in POA,
- the agent, who can represent the principal and who can be one of our lawyers in Austria.
Both the principal and the agent must guarantee that they are entering into this relationship in good faith and that the data included in the legal document is accurate. Our Austrian lawyers can help clients draw up a POA at a local notary, and then use the document for legal representation.
What information does a POA in Austria contain?
A power of attorney in Austria must contain the following information:
- type of POA: general or specific,
- name of the person seeking power of attorney,
- name of the agent providing legal representation with a POA (our lawyer, for instance),
- details about the tasks involved (e.g., buying a house/car, opening a business, etc.).
- duration of the POA (fixed or indefinite period).
The attorney-in-fact’s identification details are also included in the document. Further instructions may be provided for special cases. The document will always include the signatures of the two parties and the date of authentication.
We can represent you with a power of attorney in Austria if you want to leave the administrative matters that you cannot handle on your own. In addition, you do not need to travel to Austria for such a power of attorney because our team can handle all the formalities.
How much does a power of attorney cost in Austria?
If you want a POA in Austria, you should have an idea of the costs of this document:
- Notary fees for a power of attorney in Austria start at EUR 90, depending on the number of signatures and whether the documents are used abroad. An apostille costs extra.
- For each additional signature on the same POA on the same date, the fee starts at EUR 90 with the 20% VAT included.
Considering the importance of this document, we invite you to learn more about POA in Austria from our specialists. Our team can also help you with immigration to Austria. In fact, we represent clients in getting residency in Austria. As for those who already live in this country and are interested in citizenship in Austria, they can discuss all legal aspects with us. Feel free to ask for a free case evaluation by contacting our law firm in Austria.