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Our firm is a Certified Tax Law and Accounting Office established in 1987. The founder of the offices, Mr. Erich Baier, MBA, LL.M. (Int’l Tax Law), was born in 1956 in Vienna, Austria.
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The new GmbH “light”
After many years of negotiations and discussions the amendments of the Austrian GmbH Act have now been written into law and came into force on July 1, 2013.
The amendments foresee, that it is now possible to establish a so-called Gmbh “light” and the major amendments of the GmbH Act are as follows:
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The Austrian Holding Regime
Austria, at the gateway between East and West, is a perfect hub for making investments into foreign countries tax efficiently. For being able to obtain the benefits of the Austrian Holding Tax Regime there is no need for a special purpose company but any Austrian corporate entity like a GmbH (company with limited liability) or AG (stock corporation) as well as Austrian permanent establishments of European corporate entities can benefit from the Austrian Holding Privilege.
What are the key features of that Austrian holding regime ?
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Austria – A perfect hub for investments into Europe and Africa
In a totally globalized world more cross-border transactions are carried out every day than ever before. For the international entrepreneur it is therefore crucial to find a stable and robust jurisdiction which can build the platform for such an international business.
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