Also in the news...
PM secures new agreement with EU to benefit British people
UK secures new agreement with the European Union to support British businesses, back British jobs, and put more money in people’s pockets.
Get your overseas professional qualifications recognised as a refugee in the UK
Guidance on how to get your professional qualifications from overseas recognised by a UK regulatory body.
IP in China
Information to help you protect, manage and enforce your intellectual property (IP) rights in China.
IP in Indonesia
Information to help you protect, manage and enforce your intellectual property (IP) rights in Indonesia.
What is a barrier to goods
If you’re exporting goods, trade barriers can include:
The Austrian Private Foundation
The Austrian Private Foundation came into existence in 1993 and is a pure success story since then. The Austrian Private Foundation was designed to preserve and create wealth for the benefit of a family.
Far reaching tax exemptions make the Austrian Private Foundation a perfect tool to avoid income tax or inheritance tax burdens.
What is an Austrian Private Foundation ?
- Corporate entity belonging to itself (NO shareholders)
- Minimum capital of € 70.000,-- required
- Founder can be any resident or non-resident individual or juridical person
- Foundation has access to all tax treaties contrary to trusts
- Can be established either revocable or irrevocable
- Founder can amend the charter and the non-public by-laws (letter of wishes) whenever and how often he wants
- Far reaching tax exemptions make the foundation a unique tool for tax efficient wealth management
Please contact me for a personal meeting !
Erich Baier, MBA, LL.M. (Int’l Tax Law) TEP
Certified Tax Advisor
Austria, 1010 Vienna, Schwarzenbergstraße 1-3/14a
Phone: (+43 1) 516 12 0
Fax: (+43 1)516 12 14
mail: baier@austrian-taxes.com