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Austria.
Dynamic Business Location.

Why is Austria an attractive country for international investors?

The business location Austria and its advantages

Attractive business environment

Stability and Security

Tax advantages

  • Low corporate tax rate

  • Group taxation scheme

  • No wealth or trade tax

  • Cutting-edge Austrian trust regulations

  • Attractive research promotion incentives

Productivity

Central Location

  • Ideal East-West business hub
  • Location for 380 CEE headquarters of multinationals
  • Coordination headquarters for about 1,000 foreign companies
  • Competent consultants with extensive CEE know-how
  • Leading flight and freight logistics hub to Eastern Europe

Business-oriented education

Presentation about the Business Location Austria

Economic data of Austria

  2016 2017 2018*)
Real GDP growth rate (percentage change on previous year)
2.0% 2.6% 2.7%
Gross domestic product
(at current market prices)
356.24 billion € 369.90 billion € 386.15 billion €
GDP per head of population
(at current market prices)
37,480 € 38,190 € 39,290 €
Gross fixed capital formation
(Gross fixed capital formation)
23.2% 23.6% 23.9%
Employment rate
(Proportion of resident population in gainful employment)
76.2% 76.4% 76.4%
Unemployment rate 6.0% 5.5% 4.9%
Inflation rate 1.0% 2.2% 2.1%
Research and development expenditures
(percentage of GDP)
3.15% 3.16% 3.17%
Export rate
(as a percentage of GDP)
37.1% 37.9% 38.4%

Quelle: Eurostat, European Commission (Ameco database), Austrian Institute of Economic Research, Statistics Austria (04/2019)

Population

Austria is home to roughly 8.8 million people. Its employment rate of around 76.4% is above the EU-28 average of 73.3 percent.

The country's official language is German. However, Austrians also have an excellent knowledge of foreign languages. The vast majority of Austria's resident population speaks English, but there is also a large number of Austrians with a sound knowledge of Eastern European languages.

Political Environment

The Republic of Austria is a parliamentary democracy. Its legislative organs are the National Council, the Federal Council, and the provincial parliaments.

The 183 members of the National Council as well as the members of the nine provincial parliaments (for each federal province) are elected directly, while the members of the Federal Council are elected by the provincial parliaments.

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Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Connect Day

    31.05.2022, Wien, Österreich

  • AVCO Investors Breakfast

    31.05.2022/8:30-10:30, Wien, Österreich

Austria Map

Find the perfect location for your company

The openness towards innovations, that one can find everywhere within Austria was our basis to bring FAIRTIQ to Austria first, after Switzerland and Liechtenstein. FAIRTIQ is looking forward to accompany our existing and also our new partners in Austria on all their upcoming and successful journeys.

FAIRTIQ

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More testimonials

news from the business location Austria

PHIOS expands to Austria

Since 2007, PHIOS has been supporting prominent companies in the implementation of particularly challenging and complex software solutions. The Liechtenstein-based company is now opening a facility in Vienna, designed to serve as the base for building up activities on the Austrian market and neighbouring countries in the CEE region.

NFT and Blockchain Hub Austria: Austria as an Attractive Location for Innovation

In the meantime, crypto assets and the blockchain technology are no longer a peripheral phenomenon. More than a decade has passed by since the release of bitcoin in the year 2009 and crypto assets and the underlying technology are continuing their advance despite the many doubters. The recent past has shown that businesspeople enjoy a favourable environment in Austria to implement their ideas relating to blockchain, NFT and the like.

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