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.
Where Your Profits Grow Sky High.

Austria is a trailblazer in digital company formation

handshake © pixabay

It will no longer be necessary to personally see a notary public. According to Michael Umfahrer, President of the Austrian Notarial Academy, implementation is already expected to begin in the second half of 2019. A pilot project of the notary publics proceeded successfully. Now a legally compliant real-time process is to be set up. The relevant regulation has already been issued in Austria.

The digital formation of limited liability companies is based on checking the identity of a person via a video identification process authorised for banks since January 1, 2017. "In the spirit of ensuring the highest level of security, we are going a step further and are complementing it with what have become customary further assessments, namely "politically exposed person", money laundering, commercial purpose and owners", Umfahrer says. In this way the identification by the notary public is of a higher quality and more secure than comparable online identification methods.

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



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

  • Expand to Austria

    26.06.2019, Brescia, Italy

  • Research Dialogue with Summery Jazz Sounds

    02.07.2019, Stuttgart, Germany

Austria Map

Find the perfect location for your company

Austria is well known for its social stability and excellent labor relations where strikes are measured only in seconds. As a global player, reliable deliveries are a top priority for us.

Opel Austria

More testimonials

news from the business location Austria

Ottobock invests EUR 2 million in Vienna

The underlying basis of success of the globally recognised development work of the German life sciences company Ottobock being carried out in Vienna is the extremely pronounced medical research landscape offering fertile ground for interdisciplinary R&D projects.

Innovations from Austria for the Logistics Sector

At the present time there are many influencing factors which pose challenges to the supply chain and logistics management. Solutions in this area are frequently developed by startups, also from Austria. Several of them will present their innovations at the Austrian Logistics Day and Logistics Future Lab.

More news All blog posts