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Doing business in Austria - PKF

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Contents<br />

Introduction 1<br />

• Geography 1<br />

• Advantages of Invest<strong>in</strong>g <strong>in</strong> <strong>Austria</strong> 1<br />

• Constitution 2<br />

• Communications 2<br />

• Language and Currency 2<br />

• Legal System 3<br />

• Major Exports and Imports 3<br />

• Government Policy on Foreign Investment <strong>in</strong> <strong>Austria</strong> 3<br />

• Import Controls 4<br />

• Exchange Controls 5<br />

• Source of F<strong>in</strong>ance 5<br />

Bus<strong>in</strong>ess Structures 6<br />

• Types of Bus<strong>in</strong>ess Structures 6<br />

• Companies 6<br />

- Govern<strong>in</strong>g Documents 7<br />

- Directors 7<br />

- Form<strong>in</strong>g a company 7<br />

- Registration requirements and fil<strong>in</strong>g procedures for public<br />

securities 8<br />

- Audit requirements and practices 9<br />

- Sharehold<strong>in</strong>gs by non-residents 10<br />

• Foreign companies 10<br />

• Partnerships 10<br />

• Jo<strong>in</strong>t Ventures 11<br />

• Foundations 11<br />

<strong>PKF</strong> - <strong>Do<strong>in</strong>g</strong> <strong>bus<strong>in</strong>ess</strong> <strong>in</strong> <strong>Austria</strong> - Contents I

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