Austria
Starting a Business in Austria
Austria Business Experts
Recent forum posts
-
Professional International SEO Services
At Delante, we take pride in being a leading force in the digital landscape, offering exceptional International SEO services tailored to enhance your global visibility. Our commitment to excellence and results-driven strategies sets us apart as the go-to partner for businesses aspiring to conquer international markets. Delante specialises in crafting multilingual SEO strategies that speak directly
Total Posts: 1 Last post by Delante
-
Academic Writing Services
Quality Dissertation is well known for delivering high quality assignment writing help, dissertation writing help, coursework writing help and essay writing help to UK university and college students. Our academic assistance service comes at a very affordable price. With a team of writers, specialised in different subject areas, we are able to assist all students for different field of studies.
Total Posts: 8 Last post by marco798
Why Start A Business In Austria?
Austria has an extraordinary heritage. It is vehemently protective over its intellectual and cultural history, which has been immortalised by some of the most famous thinkers and practitioners to ever contribute to the vast tapestry of human art and understanding. So you can thank the Austrians for making us, on the whole, a more edified people.
Another thing Austria has refined to an art is business. It has a fully developed market economy and relishes a high standard of living. It also has a robust relationship with its fellow European Union constituents, and investors coming from overseas generally find the legalities of setting up rather conductive and accommodating. Austria provides an attractive market with a stable political, economic and social climate, and is well situated for expansion to other neighbouring eastern European nations.
Recently, Austria has made important transitions in order to synergise its economic, legal and taxation framework with those of the EU community. Consequently, this has led to liberalisation of commercial laws in Austria, making it a far more enticing prospect than it once was.
As a member of the European Union and European Economic Area, the country welcomes the free movement of goods and capital. A helpful and dextrous support system is provided for foreign investment, both on a local and national level. The government operates a business development company called the Austrian Business Agency (ABA), which offers tremendous support and incentives for the foreign investor. Its main focus is in the telecommunications, consulting, electronics, hardware, software and metals sectors. The ABA has been known to help up to 600 companies at anyone time and this number is rising.
What is the population in Austria?
The population of Austria is 8.45 million. One fifth of Austria’s population lives in Vienna. Other major towns include Graz, Linz, Salzburg and Innsbruck all having more than 120,000 inhabitants.
Economic Overview
The Austrian economy benefits vastly from robust commercial relations, namely in the areas of banking and insurance. The economy is characterised by a large service sector, a healthy industrial sector, and a relatively small but successful agricultural sector. Its accession to the European Union has since drawn much foreign investment, enticed by its strategic proximity to some of the younger EU markets.
Successive governments have impressively pursued a sound economic reform program, focused on streamlining and establishing a more competitive business arena, in the hope of attracting further domestic and foreign investment.
What are the essentials to know?
Labour and workforce in Austria
Austria has a very low unemployment rate. Job opportunities in the Marketing and Information Technology sectors are becoming increasingly available, and it is also very simple to start up your own enterprise in the country as Austria is encouraging and supportive of entrepreneurs.
The government employment service, AMS, is an excellent starting point if you are looking for a job in Austria. The Austrian Public Employment Service offers services, advice and information to companies and individual jobseekers. You are entitled to use the service if you are an EU citizen, and have been registered as unemployed in your home country. The internet is a great source if you are looking for a job in Austria and the press is also a very useful basis for job vacancies. You can access Austrian newspapers through the Kidon Media-Link website. The Austrian newspapers Der Standard, Die Presse, Der Kurier and Kleine Zeitung also all carry vacancies.
British Embassy Vienna
Jauresgasse 12
1030 Vienna
Austria
Email press@britishembassy.at
Visa enquiries www.visainfoservices.com
Consular enquiries viennaconsularenquiries@fco.gov.uk (Consular enquiries only. This inbox cannot accept Visa enquiries)
Telephone +43 (1) 716130
Fax +(43) (1) 71613 2900
Click here to Ask an Expert about Starting a Business in Austria
Organisations that can assist with Starting a Business
-
> Blue Marble Global Payroll
Simplified Global Payroll Managing payroll across multiple countries is complicated – with unique requirements, systems, and deadlines in each country, it can be difficult to ensure compliance. Using manual processes or spreadsheets to manage payroll can lead to errors, data security issues, and penalties. Blue Marble solves your challenges with secure, cloud-based global payroll technology, aggregated monthly reporting, and in-country experts in 100+ countries.
-
> Agility PEO
Your trusted Global PEO provider. We’re Agility PEO. And we pride ourselves on our people-focused approach to business. We’re headed by an experienced management team that helped create one of the very first successful Global Providers. Today, that same knowledge and experience mean that we can provide the PEO services you want, when you want it. Approachably, ethically and efficiently.
-
> Nominus.com
When expanding your business to Austria, don’t forget to protect your brand. We provide Trademark Registration Services in Austria and in the entire European Union.