By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Bridge to New Markets.

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.

Interested in Austria - Invest in Austria

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

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

  • Online konzultačné dni venované Rakúsku

    03.12.2020, online

  • International Commercial & Legal Cooperation Forum

    03.12.2020, Shanghai, China

Austria Map

Find the perfect location for your company

Storage and distribution for Eastern Europe is more economical from Vienna than from Prague or Budapest. Because shipping business between the individual reform nations is barely developed, whereas neary every Eastern destination is serviced from Vienna several times a week.

Hewlett Packard Austria

Logo
More testimonials

news from the business location Austria

Restarting Growth in Central and Eastern Europe: Drivers and Barriers

Professor Arnold Schuh (Vienna University of Economics and Business) shares his insights on the economic recovery in CEE.

5 Reasons in Favour of Launching Your Startup in Austria

Close to 40,000 new companies were founded in Austria in the year 2019. More than 9,000 of them, or close to one-quarter of the total, were established in the capital city of Vienna, making it the startup leader. 20 years ago the number of companies founded in Austria was less than 20,000 (Austrian Federal Economic Chamber). It is clear to see that Austria has become more attractive as a business location. Why is this the case? What the reasons for establishing a company or startup in Austria?

More news All blog posts