Our Life Companion In Crime [2013]

Business in Austria Business in Austria an Austrian limited liability company allows international entrepreneurs to legitimately receive low-taxed dividends received from global subsidiaries. The following information will help you determine whether company formation in Austria is the optimum corporate structure to fulfil your international business objectives.

Business in Austria is legally exempt from dividends tax received from a foreign subsidiary. Austria levies no withholding tax on dividends paid to the foreign parent.

Advantages of company formation in Austria

As a member of the European Union EU, Austria is governed by the provisions of the EU's Parent-Subsidiary directive. Thus, an Austrian holding company which holds at least 25% of the shares of an EU subsidiary can receive dividends from the subsidiary free of withholding tax.

An Austrian company can access a large network of double taxation treaties Austria has signed with major trading nations around the world.

A minimum of one shareholder and one director is required for Austria company formation. The shareholder and director can be the same person, and doesn't need to be Austrian resident. Corporate shareholders are allowed to form a company in Austria.

Austria company formation is trustworthy. Austria is positively ranked as the 16th least corrupt country in the 2011 Corruption Perceptions Index by Transparency International, a global measure of corruption amongst public officials and politicians. Furthermore, Austria is positively ranked as the world's 22nd freest economy in the Heritage Organisation's 2010 Index of Economic Freedom, a measure of freedom enjoyed in business, trade, monetary, financial, investment and labour markets. Additionally, Austria is ranked 19th in the World Economic Forum's Global Competitiveness Report 2011-2012.

It is easy to open global corporate bank accounts to support Austria company formation. Our company works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.

In its 2011 World Competitiveness Yearbook, the Switzerland-based IMD positively ranked Austria as the world's 18th most competitive economy. The ranking takes into account factors including economic performance, government efficiency, business efficiency and infrastructure.

In the 2010 Quality of Living Survey by Mercer Human Resources, Vienna is positively ranked as the world's best city to live in.

Vienna ranks 8th in the Monocle Quality of Life Index. The index bases its ranking on factors like quality of housing, urban scale as well as amount of crime and the quality of education and healthcare.

- Funker Vogt Our Life Companion In Crime [2013]

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