Also in the news...
UK seeks business views on response to US tariffs
Government begins process seeking business views on response to US tariffs
UK/Viet Nam: Free Trade Agreement
This treaty was presented to Parliament in April 2025.
How AI Is Fueling Creative Innovation for Startups Abroad
When most people think about starting a business overseas, their minds immediately jump to logistics: registering the company, navigating local laws, and finding office space. But one of the most exciting (and often overlooked) aspects of expanding internationally is tapping into the global pool of innovation especially in the realm of artificial intelligence (AI).
Support for UK businesses helping to rebuild Ukraine
Department for Business and Trade (DBT) initiatives to support UK businesses helping to rebuild critical infrastructure in Ukraine.
Now is the time to generate growth together with India
£400m of trade and investment wins from UK-India Economic and Financial Dialogue set to boost the British economy.
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