Ease of Doing Business in


Austria Download Profile (1724KB, pdf)
Region OECD high income
Income Category High income
Population 8,611,088
GNI Per Capita (US$) 47,120
City covered Vienna



DB 2017 Rank



DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 19 18 down
78.92 78.88 down
Starting a Business 111 106 down
83.72 83.45 up
Dealing with Construction Permits 49 45 down
74.96 74.93 up
Getting Electricity 20 17 down
87.70 87.70
Registering Property 30 30
79.97 79.97
Getting Credit 62 60 down
60.00 60.00
Protecting Minority Investors 32 30 down
65.00 65.00
Paying Taxes 42 39 down
83.39 83.36 up
Trading across Borders 1 1
100.00 100.00
Enforcing Contracts 10 10
75.49 75.49
Resolving Insolvency 20 18 down
78.93 78.89 up

DB 2017 Rank:


DB 2016 Rank:


Change in Rank:


DB 2017 DTF (% points):


DB 2016 DTF (% points):


Change in DTF (% points):


Legal form Gesellschaft mit beschränkter Haftung (GmbH)
Paid-in minimum capital requirement EUR 5,000
City Vienna
Indicator Austria OECD high income
Procedure – Men (number) info_outline 8 4.8
Time – Men (days) info_outline 21 8.3
Cost – Men (% of income per capita) info_outline 0.3 3.1
Procedure – Women (number) info_outline 8 4.8
Time – Women (days) info_outline 21 8.3
Cost – Women (% of income per capita) info_outline 0.3 3.1
Paid-in min. capital (% of income per capita) info_outline 12.8 9.2
  • No. Procedure Time to Complete Associated Costs

    Obtain the confirmation from the Economic Chamber that the start-up company is really a new enterprise

    Agency: Economic Chamber

    A form (NeuFö2), which is available electronically on the homepage of the Austrian Ministry of Finance must be filled in and be confirmed by the Economic Chamber. The Neufö applies to the company formation and to the transfer of businesses.

    Procedure 1 is optional but it can lead to exemption from paying certain publicly levied fees and taxes. If certain requirements are met, the following fees and taxes will be waived:
    • Stamp duties and certain administrative fees.
    • Real estate transfer tax.
    • Charges for registration in the commercial register and the cadastral register.
    • For 1 year, certain ancillary wage costs borne by the employer in addition to social security contributions.

    Depending on the requested exemptions, companies must obtain confirmation by certain public bodies (Chamber of Commerce or Social Security Organization) that the application form has been completed, after receiving counseling by that body concerning the scope and applicability of the law.

    1 day no charge

    Notarize the statutes/articles of association or the declaration of establishment

    Agency: Notary

    The articles of association (Gesellschaftsvertrag), which must be executed before a notary by notary deed (Notariatsakt), must include the following: name, seat, scope of activities, capital and initial contribution by each shareholder.

    Cost will depend on the authorized share capital and are subject to negotiation with the notary public.

    1 day EUR 75

    Deposit the minimum capital requirement in the bank

    Agency: Bank

    The confirmation fee depends on the bank, ranging from EUR 0 to about EUR 30.

    1 day no charge

    Register the company at the local court (Handelsgericht)

    Agency: Local Commercial Court

    The application for registering an Austrian limited liability company (Gesellschaft mit beschränkter Haftung, GmbH) must be accompanied by the following documents:

    -Declaration of establishment notarized;
    -Articles of association;
    -A declaration (accompanied by a banker's confirmation) that the demanded amount of primary deposit, to be paid in cash, has been paid;
    -Evidence that the free disposability of the paid primary deposit by managing directors is not restricted by counterclaims;
    -Specimen signatures of the managing directors;

    If the court has doubts about the company name, it may request an opinion from the Chamber of Commerce. A GmbH comes into legal existence upon registration in the commercial registry.

    The fixed application fee (court fee) amounts to EUR 32; individual service fees, depending on the information to be registered, apply (e.g., registration of a managing director amounts to EUR 28). Public notaries and lawyers are obliged to file any petition as well as related documents, deeds, etc. in electronic form; the application fee for physical or non-electronic applications will be raised to EUR 49. Please note, that the court fees do not apply if the requirements for the start up governmental aid (see Procedure 1) are met.

    6 days EUR 32

    Tax Office registration (obtain a VAT number)

    Agency: Tax Office

    The commercial register automatically informs tax authorities of the registration of new companies. In turn, tax authorities usually respond by requesting that the company file for tax registration. Registration is not available online, several forms must be printed, filled out, and sent by postal mail together with the articles of association, the opening balance sheet, an excerpt of the company register, an identification card of a managing director, and a specimen signature sheet of the representatives.

    The VAT number is usually issued simultaneously with the tax identification number. The statutory deadline to obtain a tax number is 1 month. Frequently tax authorities extend an introductory visit to those companies intending to engage in business activities that are eligible for the filing of VAT returns.

    Once registered companies can submit all of their tax returns online, via the website: https://finanzonline.bmf.gv.at/

    12 days no charge
    * 6

    Register trade (Gewerbeanmeldung) with the trade authority (Bezirksverwaltungsbehörde)

    Agency: Trade authority

    If permission is mandatory, completion of procedures takes longer, depending on the requirements and authorities involved (e. g., the production of hazardous goods requires proof of special qualifications of management and approval and control of the production site). Companies can register in person, by postal mail, or online.

    Less than one day (online procedure, simultaneous with previous procedure) no charge if exemption is granted under Procedure 1; otherwise stamp duties vary depending on the type of trade intended and whether the trade and/or profession only requires registration or it requires permission by authorities (i.e. particular professional qualification must be proven).
    * 7

    Register employees for social security

    Agency: Social Security

    Upon registering in the commercial register, companies with employees must apply for an employer's account number (Dienstgeberkontonummer) electronically via ELDA, the data transmission interface of the statutory health insurance office (Gebietskrankenkasse). In practice, the employer applies for a new account number via ELDA (under the menu item, Online-Services [Kontonummeranforderung]) before a new employee is registered with the statutory health insurance office.

    Health insurance is obligatory: every new employee must be electronically registered with the statutory health insurance office prior to and no later than the day of employment. Unless the company does not own a computer, the employee must be registered via ELDA. Moreover, the employer must automatically extend obligatory health insurance upon entry. On being registered with the statutory health insurance office, the employee is automatically registered for accident insurance and retirement insurance as provided by law. No further registration is needed. By data transmission, the employee is immediately registered with the competent statutory health insurance office (social insurance office). The employer instantly receives a “sent” report and a confirmation of registration.

    Less than one day (online procedure, simultaneous with previous procedure) no charge
    * 8

    Register with the municipality

    Agency: Municipality

    Municipalities levy community taxes on all businesses. In addition, particular activities (e.g., organizing a public event) may trigger municipal stamp duties or other minor duties and taxes.

    1 day, (simultaneous with previous procedure) no charge

    * Takes place simultaneously with previous procedure.