The impetus for the development of this service can be partially traced to the Austrian corporation tax rate of 25%. Austrian legislation additionally provides attractive corporate fiscal incentives. Furthermore, the FIS decision has been supported by the fact that an increasing number of internationally active companies now more frequently demand solid tax jurisdiction for their foreign subsidiaries, based on the recent political and economic trends taking place in Eastern and Central European countries.

In this connection, FIS is pleased to extend a cordial invitation to local and international investors who may be interested in establishing new companies in Austria. This offer furthermore is extended to project related entities and special purpose vehicles already active and functioning in Austria who might find it beneficial to entrust the management of their subsidiary affairs to the experts at FIS. The FIS company offices are conveniently located in the center of Vienna, in the prestigious First District. By appointing FIS as their management company, companies requiring a representation in Austria will substantially reduce the high costs associated with the establishment and the maintenance of a separate office.

As it assumes complete responsibility for all aspects of the establishment and management of a local subsidiary office, FIS will undertake an executive search to retain a qualified candidate for the position of a Business Manager, who, according to the existing law, must have a legal residence in Austria.

FIS administrative and advisory services cover amongst others:

Services provided at the initial phase:

• Advice on establishing companies and choosing the most suitable legal structure to suit client-specific needs
• Assistance with the establishment of the subsidiary and full execution
• Completion of all business, legal, and trade matters

Assistance with the location of company office:

• Furnished registered office and requisite facilities
• Conference room, archives, copying facilities and representative reception area
• Office facilities and staff available from Monday to Thursday from 08.30a.m. to 05.30p.m. and Friday from 08.30a.m. to 03.00p.m.
• Languages of correspondence at FIS: Russian, English, Spanish, Italian German
• Separate telephone line available, if requested
• Letter head, business cards etc.

Organizing of bookkeeping, business reporting, and accounting:

• Invoice collection and preparation
• Maintenance and reconciliation of petty cash
• Monthly reports (prepared in collaboration with tax advisors)
• Balance sheet preparation and optimization (in collaboration with tax advisors)
• Revenue and corporation tax preparation and completion
• Optimization of all tax related matters
• Accounting preparation as per client instruction
• Assistance with matters of regulatory and compliance nature

Bank accounts, financing procurement, insurance matters:

• Opening and maintenance of bank accounts and credit cards
• National and international transfers via electronic banking
• Development and maintenance of bank and insurance company relationships
• Consultation on risk matters, preparation and structuring of competitive financing
• Consultation, preparation, and price optimization regarding insurance products and services
• Assistance with international transfers and documentary business

Guidance concerning business related matters:
If requested by the customer, FIS will provide a suitable professional Business Manager

Contacts to public authorities:
Support in obtaining all necessary current and future approvals and registrations

Special service functions:
Commercial agent/agency activities

Lastly, FIS wishes to point out that the day-to-day management and respective business decisions of the company as well as commercial law matters and directives are completely within the customer’s area of responsibility.

Further detailled information about Company Establishment in Austria is available as PDF-file for download: Investment in Austria