Written and Produced by Pirklbauer Wirtschaftsprüfung & Steuerberatung
Austria is a member of the European Union (EU), which comprises 28-member states. Austria has joined the “Eurozone” in which a common currency, the Euro (€) is used. Austria has a high proportion of small and medium sized enterprises.
These numerous and flexible enterprises are an important element of the Austrian economy. Austria is also a leading location for businesses wishing to expand into Eastern and South-eastern Europe. More than 1,000 multinational companies coordinate their operations in this region from an Austrian base.
Some more key figures (2012):
This document describes some of the key commercial and taxation factors that are relevant on setting up a business in Austria. The document includes information on: