Newsletter registration

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.
Where Your Profits Grow Sky High.

Austria supports researchers from all over the world with grants of up to EUR 500,000

© BMWFW/Lisi Niesner

In addition to the financial resources, the spin-offs also benefit from a broad-based mentoring program putting coachings and further education at the disposal of founders.The objective is to provide bottom-line incentives and perceptibly ease the founding of spin-offs. At the same time, high achievers should be more closely linked to Austria as a business location in the long term.

“Thanks to the “Spin-off Austria” initiative, Austria once again underlines its dynamic innovation landscape and does more than just facilitate university spin-offs. The program is a signal to scientists in every field that Austria rewards and supports their performance”, says René Siegl, Managing Director of the national investment promotion company ABA - Invest in Austria. “Together with the tax-free allowance for migrating, foreign scientists in particular can take advantage of ideal conditions to convert their experiences into business success”.

Tax-free allowance for migrant scientists makes Austria a hot spot for researchers

Scientists coming to Austria from abroad in order to carry out research can look forward to tax privileges. The tax-free allowance for migrants involves a tax credit of 30% limited to a period of five years, and covers domestic and foreign income from scientific work. The flat rate of 30% aims at compensating the additional expenses arising from migrating to Austria as well as any tax disadvantages. The tax allowance should make up for differences in price levels, costs for moving to Austria, maintaining two households along with travel costs, fees for language courses and enabling children to attend private schools.

 

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

Testimonials

Events

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

  • Ständehaustreff

    10.09.2018, Düsseldorf

  • Seminar "Nachbar Österreich"

    12.09.2018, Bremen

Austria Map

Find the perfect location for your company

Austria stands out due to its long-term reliable and stable conditions. These
features are particularly important for a research-based company such as
Boehringer Ingelheim. Furthermore, Vienna is a city with a good research
infrastructure and a high quality of life, and is thus also an interesting place
for highly qualified employees from Austria and abroad.

Boehringer Ingelheim

Logo
More testimonials

news from the business location Austria

Austria among the top five business locations in Europe

“Austria was given an outstanding fifth-place rating in the European ranking of business locations with the best growth prospects, on par with Finland”, says Gunther Reimoser, Country Managing Partner of EY Austria.

From Mixed Reality to Smart Factory – Austria Shapes the Digital Future of Work

New types of technologies are revolutionizing everyday work in the industrial sector. Methods and processes of industrial production in the future are being re-modelled in digital pilot factories. Austria has long been one of the most important providers of impetus in this dawning industrial age.

More news All blog posts