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.
Bridge to New Markets.

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.

  • 3. Mittelstandsforum Nordrhein-Westfalen in Düsseldorf

    22.06.2018, Düsseldorf

  • 17. Mittelstandstag Frankfurt/Rhein/Main

    07. 11. 2018, Frankfurt/Main

Austria Map

Find the perfect location for your company

The "mental closeness" of Austria to its neighbours is an important advantage for establishing new business contacts.

Ericsson Austria

Logo
More testimonials

news from the business location Austria

Lumitech grants licenses to Philips

The small, innovative Austrian technology expert Lumitech is now granting Philips licenses for the worldwide use of the LED lighting technology it developed.

Germany + Austria: Two key components for economic success

German companies and an Austrian business environment. This equation has been extremely successful for years. It is not without reason that our northern neighbor is traditionally the most important investor nation in Austria. There are numerous reasons for this phenomenon, as confirmed by a survey carried out by ABA of executives working at German companies.

More news All blog posts