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Sirenko Mykola

A specialist in the practice of migration and corporate law, he also specializes in legal support for business in EU countries.

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Registration of a company (LLC) in Austria

Austria, which is located in the heart of Europe, is known not only for its wonderful nature and culture but also for favorable conditions for entrepreneurship.

If you are considering the possibility of creating your own business in this country, then the registration process should be carefully worked out with the relevant specialists, because the process of business registration in Austria itself has its own peculiarities.

For successful registration, the specialists of Prikhodko and Partners provide client support in key stages so that your company can start functioning in accordance with Austrian laws and regulations.

About the stages of business registration in Austria:

  • Choosing a form of entrepreneurship

The first and most important step is to choose a form of entrepreneurship. In Austria, there are different options such as GmbH (Gesellschaft mit beschränkter Haftung – limited liability), Einzelunternehmer (individual entrepreneur), OG (Offene Gesellschaft – open company) and others. Each option has its own advantages and limitations, so it is important to consult with specialists about which one is right for you In your needs and plans.

  • Name selection and availability check

After choosing the form of business, you need to determine the name of your company and check its availability in the company register in Austria. The name must be unique and not conflict with existing trademarks or companies.

  • Preparation of the charter and documents

The charter is the main document of your company, which defines its rules and conditions of operation. You need to prepare the charter in accordance with the chosen form of business, as well as other necessary documents, which are specified in the requirements of the registration body.

  • Company registration

After preparing the necessary documents, you should apply to the local registration authority (Firmenbuchgericht) for company registration. For this, an application for registration, company charter, and other necessary documents are submitted.

  • Obtaining an identification number

After registering your company, you will be issued an identification number for taxation and other administrative purposes. This number will be used for paying taxes and reporting to the tax authorities.

  • Choosing a bank and opening an account

A bank account is important for the functioning of your company, so choose a bank and open a corporate account. This will allow you to conduct financial transactions and pay taxes.

  • Compliance with tax obligations

Remember to comply with all tax obligations, submit regular reports, and pay taxes on time. There are various taxes in Austria, such as income tax, VAT, and others, which you must pay according to the laws of the country.

  • Preparation for conducting business

After successful registration and obtaining all necessary permits and numbers, you are ready to start doing business in Austria. At this stage, it is important to create work processes, involve accountants and set up supply, and customer service, and also to advertise your company, in particular, but not exclusively, in the Austrian market.

It is important to keep in mind that the registration process may differ depending on the specific type of business and the chosen form of entrepreneurship. Therefore, we recommend contacting our specialists in time to obtain detailed information and consultations before registering your business in Austria.

Separately, we draw your attention to the implementation of aspects related to the status of a value-added taxpayer and the opening of accounting systems.

Registration for VAT taxation. If your company will carry out operations with VAT (also known as a value-added duty or VAT), then you must register for this type of taxation. This is important because VAT is calculated at all stages of the supply of goods or services and is submitted in the form of a report.

Opening of the payroll accounting system. If you plan to hire employees, you will also have to open a payroll accounting system and comply with employment and social insurance regulations.

Thus, in order to obtain a comprehensive solution for your needs regarding business registration and support in the territory of Austria, you can contact the specialists of Prykhodko and Partners LLC for all the answers and appropriate support.

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Do you need help opening a bank account for a new company?


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A specialist in the practice of migration and corporate law, he also specializes in legal support for business in EU countries.

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