The Austrian Federal Government released a new work programme for 2017 thru 2020. The document includes a set of mentionable tax-related changes which may be divided into five distinct categories, starting with corporate tax reports and personal tax reforms. Our team of lawyers in Austria highlights the main changes that are planned for the taxation of companies and individuals in the country until 2020.
Austrian companies in the construction and the industrial sectors recorded a 6.8 percent increase in sold production in 2017. The total revenue was more than 277 billion euros. Our team of lawyers in Austria provides professional legal services in Vienna and other Austrian cities and can offer complete assistance to companies in the construction or the industrial sector.
Austria is a top location for businesses involved in the Information and Communication Technologies. The country’s convenient position in Europe, its economic and political stability and, most importantly, its research and development incentives, make up the top reasons why entrepreneurs invest in the Austrian ICT sector. Our lawyers in Austria discuss the advantages and the opportunities for companies in this business field.
Salzburg is a cultural and business center, the home of many innovative enterprises and one of Austria’s main tourist destinations. Its unique blend of cultural diversity and flair, natural beauty and a welcoming business environment make Salzburg a very attractive location to open a company in the country. Our lawyers in Austria talk about the business opportunities in Salzburg and the main corporate regulations.
Foreign residents who decide to live in Austria need to register with the local district health insurance fund. Foreigners have access to the country’s public healthcare system, provided that they make the necessary registration steps and obtain the green e-card for healthcare services. Our lawyers in Austria can help expats and foreign investors living in the country comply with the existing regulations for healthcare and insurance.
Austria does not have a unitary Environment Law however, business owners are required to observe a collection of laws that regulate issues like waste and water management and the use of chemicals in manufacturing procedures. Our lawyers in Austria highlight the main principles of these laws in this article and can provide you with specialized legal counseling for your company.
According to the International Monetary Fund, the tax cuts implemented in Austria in 2016 contributed to an economic recovery. While the growth was minimal during 2012-2015, it was revived in 2016, mainly driven by private consumption and a recovery of investments in Austria. One of our lawyers in Austria can give you complete information on the investment climate and the current tax regime for companies and individuals.
Austria welcomes foreign investment and encourages entrepreneurs through a series of tax incentives and incentives for research and development activities. The country does not have limits on foreign equity investments and direct investment can take place without Government approval in almost all cases. Our lawyers in Austria outline the most significant incentives or deductions available for investors in the country.