Registration of the company in Austria will allow its owner to do business in prestigious jurisdiction and to participate in all projects initiated by the government.
- Non-resident companies should pay income tax if it was obtained for the company activity on the territory of Austria only.
- Income tax rate is 25%.
- Corporate tax is minimum 500 euros and 20% value added tax rate.
- The capital tax ranges from 0.8% to 1%.
- For companies that are operating in the area of food production, tourism, agricultural products as well as the lease apply reduced rates of value added tax of 10%.
- The tax rate on income from dividends and interest on deposits is 0% if the subsidiary is registered in the European Union. Otherwise, the tax rate on income from dividends and interest on deposits is 25%.
- Time for registration of companies in Austria takes from three to five weeks.
- Austria has agreements to avoid double taxation with more than 90 countries.
- There is no foreign exchange control.
- Confidentiality of information about the business.