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Austria.
Where Your Profits Grow Sky High.

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.

  • Business Jump for Hungarian Startups and ScaleUps– Expert Speed dating (Loffice Budapest and ABA)

    16.06.2021/ 9.00am (CET), Online Conference

  • Smart Manufacturing and Artificial Intelligence in Austria

    5.08.2021/15.00 CST (China Standard Time), Virtual Event

Austria Map

Find the perfect location for your company

A country like Austria considered to be an especially good terrain for upscale industrial segments, and with a particular emphasis on research and environmental friendliness, represents a major opportunity for SIAD. Our corporate goal is namely to assist the customer and provide support in improving the productivity and the environmental compatibility of its work processes.

SIAD

SIAD
More testimonials

news from the business location Austria

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Chris Messina (Product developer for Google & Uber and the inventor of the hashtag) on the culture of failure, Silicon Valley and why "that's how it has always been done" might be a dangerous mindset. Interview by Marianna Bonechi (ABA Consultant San Francisco).

4 Reasons for Evaluating Austria as the First Step for Internationalisation of Your Startup

Just recently the latest edition of the Austrian Start Up Monitor was published. The report, once again, shows that Austria has a very dynamic founder scene. Just think of Prescreen, mySugar, Bitpanda or Bitmovin; Austria has spawned numerous, internationally well-known flagships within the startup community.

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