As a US citizen, how can I live in Austria, do business with the US, and set up my business in a legal, tax efficient manner? - KamilTaylan.blog
23 June 2022 4:56

As a US citizen, how can I live in Austria, do business with the US, and set up my business in a legal, tax efficient manner?

Can a foreigner start a business in Austria?

Starting a business in Austria can be quite simple. That is, at least as far as requirements go. This is because any citizen of an EU country, Switzerland, or the European Economic Area can open a company without any requirements. However, foreigners from outside these areas must first get a residence permit.

Does the US have a treaty with Austria?

The U.S.–Austrian Peace Treaty is a peace treaty between the United States and Austria, signed in Vienna on August 24, 1921, in the aftermath of the First World War.

How do I register as self employed in Austria?

For new self-employed, it’s mandatory to register at the Austrian Tax Office (Finanzamt) and the Austrian Insurance Institution for Self-employed (SVS). In both cases, the deadline is 4 weeks from starting the professional activity.

How do I register a foreign company in Austria?

Company Formation Requirements

  1. Certificate of Incorporation;
  2. Articles & Memorandum of Association;
  3. Minimum of one shareholder;
  4. Minimum of one managing director (No residence requirements);
  5. A shareholders’ agreement/establishment declaration (must be notarized);
  6. Managing director appointment;
  7. Signatures of the specimen;

How do I incorporate my business in Austria?

Steps to set up a Limited Liability Company in Austria

  1. Articles of association Shareholders’ Agreement. …
  2. Entry in the Companies’ Register. …
  3. Registration of the trade and announcement of the appointment of the managing director under the Trade Law. …
  4. Notice of business operations to the tax office and registration of employees.