© Pawel Gruszkiewicz
This annual Tax & Accounting summit meeting already took place in Vienna for the third straight year. 155 tax experts from 40 countries discussed current challenges and issues relating to international tax law for two days. Alexander Matytsyn, CEO of Lukoil International in Austria, emphasized the importance of Vienna as an international interface linking Europe and Russia.
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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
Austria’s most powerful computer is now in operation and is being used for scientific purposes.
If a business consisting of at least two people is established in Austria, it is considered to be a company. The rights and duties of the individual partners, for example the management, profit and loss sharing, agreements in the case of the death or retirement of a partner or the dissolution of the company are regulated in the memorandum and articles of association.