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Austria.
Where Great Emphasis is Put on Research.

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

Download: Further information regarding the business location Austria

If you are interested in more information about the business location Austria, download our brochure.

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.

  • Life Sciences Wien - Ein Markt mit vielen Chancen

    28.01.2021, 10:00 - 11:30 (CET), Online Conference

  • Meet us @ HTH Styria!

    28.1.2021, 10:00 - 16:15 (CET) , Online Conference

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.

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news from the business location Austria

Austrian government creates investment premium for investors

The economic and financial consequences of the COVID-19 crisis pose major challenges to companies. In order to strengthen the Austrian business location, the Austrian Federal Government has resolved upon a new investment promotion program for companies with a total volume of EUR 3 billion, which will be further increased, if necessary.

Support measures for companies affected by COVID-19

To stimulate the economy, either new programs may be established as a result of the draft law or existing support programs (e.g. aws, ÖHT) will be expanded. All measures introduced are intended to be applicable immediately and will be in force until the end of 2020. The measures currently introduced include the following areas:

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