Austria

FORMATION  LTD (GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG – GMBH ) COMPANY FOR STARTUPS

LTD package 1

€ 6590

Reserving your Company Name

Business address in Austria for 1 year

Bank account for share capital deposit (from EUR 5.000)

Bank account for company purposes

Accountancy starting with our Tax consultant

Obtain the confirmation from the Economic Chamber that the start-up company is really a new enterprise

Registration at the local court (Handelsgericht) and Publish an announcement of formation in the Wiener Zeitung

A capital transfer tax (Gesellschaftssteuer) equivalent to 1% of the share capital (Stammkapital) must be paid for setting-up the GmbH

The commercial court charges a fee when entering the new GmbH in the business register

Production of the notarial deed (Notariatsakt) and publication of the GmbH-registration

Register trade (Gewerbeanmeldung) with the trade authority (Bezirksverwaltunsbehoerde)

Liaise with the local registrar and relevant authorities

Structuring the company as per your requirements

Prepare your Company Registration Forms

Drafting the Articles of Association / Statutes

Notarial Work: Presentation of Documents

Registering Deeds with the Ministry of Justice

Presentation of Deed to the Local Commercial Court

Appoint the Directors

Minutes appointing first Directors

Preparation of the first minutes of Board Meeting

Initial Government licence fee payable for company formation in Austria on incorporation

Certificate of Incorporation

Issue of shares and production of Share Certificates

All documents and certificates supplied in a professional folder

Delivery of documents by FedEx / DHL courie

ORDER

READY - MADE (GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG – GMBH ) COMPANY FOR STARTUPS

LTD package 1

€ 4000

We deposit initial capital

Free Bank Account

Transfer in one week (7 days)

Including Free translations document

Free Consultations with our lawyer one hours

Link to accounting office who English, German speaking language with client

The ready made company is ready for immediate use

No hidden charges

ORDER

Please send to us key information:

	company name
	object (= activities)
	copy of director pasport (all directors)
	copy of shareholder pasport (if corporate: board resolution and notarized extract of commercial register plus apostille)

ADDITIONAL SERVICES 

BUSINESS ADDRESS AND  VIRTUAL OFFICE IN AUSTRIA

NOMINEE SERVICES IN AUSTRIA

Nominee Services in Austria as a local Managing Director or Shareholder. Annual price.

Approx price  3.899 € + VAT / month  

BASIC INFORMATIONS

AUSTRIAN COMPANY INCORPORATION – GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG (GMBH)

A limited company can be founded by one person with a minimum capital of €35,000 of which only €17,500 needs to be paid in full. There is no requirement for the directors or shareholders to be Austrian residents. The GmbH is the most convenient form of organisation owing to the relative flexibility it offers, most foreign owned businesses in Austria are operating as a GmbH. The Gesellschaft mit beschränkter Haftung (GmbH) is a separate legal entity that limits the responsibility of the shareholders to the amount of share capital.

DOCUMENTS AND INFORMATION

To begin incorporation of your GmbH company we need following documents:

• Check-list you will receive from our consultant

• Passport copy of the director

• Passport copy of shareholder(s)

INCORPORATING YOUR GMBH

First you should provide us with the chosen company name and desired corporate structure, including shareholders and directors. The required documents must be sent, including passport copies, check list with contact information and details about future company’s business activities. We then prepare The Articles of Association (Gesellschaftsvertrag). The minimum share capital of €17,500 needs to be deposited to the appropriate bank.

Our company prepares and sends a registration application along with  following documents:

• Articles of Association;

• Notarized declaration of establishment;

• A declaration and confirmation from the bank that minimum cash requirement has been deposited;

• Signatures of managing directors, and confirmation by the tax authorities that the formation tax for capital transaction has been paid.

On behalf of the client, our company completes the incorporation by registering with the relevant local municipality. Following your company registration, we provide you with a complete company documents package including:

• Original Certificate of Incorporation

• A copy of Austria government-approved Articles of Association

• Original share certificates

• Original government receipt as evidence of payment of annual Austria company registration and license fees

We can assist you with opening of a corporate bank account. We are working with reputable international banks.

COMPANY NAME

The name of the company must end with GmbH to denote limited liability, sometimes it is required to provide a special expert opinion on the permissibility of a company’s name issued by the chamber of commerce to the commercial register, especially if company’s name includes a reference to Austria.

DIRECTORS

• Directors may be of any nationality and may reside anywhere.

• Only one director is required. Although there may be several.

• Directors can be residents or non-resident.

• Corporate directors are allowed.

• Nominee directors are allowed. We provide this service.

SHAREHOLDERS

• Shareholders may be of any nationality and may reside anywhere

• Only one shareholder is required. He can be the same person as the director

• Shareholders can be residents or non-resident

• Corporate shareholders are allowed

LEGAL ADDRESS

All Austrian GmbH’s must have a legal address. It’s the address, to which the company receives its mail. The registered office must be a physical address in Austria. We provide such services.

SHARE CAPITAL REQUIREMENTS

The minimum share capital of a GmbH is €35,000 but only €17,500 of the total share capital must be paid in before registration.

There are no share certificates in an Austrian company, so a valid transfer of the ownership of shares is only possible by signing documents’ at notary’s.

More informations Establishing a Business and Formation company in Austria