During the coronavirus crisis, Austria has attracted increasing attention as a business location for foreign companies looking to expand their operations. Some 270 firms took part in "ABA's Virtual Open Day" held on 28 May 2020 in order to find out more about new business models and underlying conditions for companies in Austria in and after the crisis. Austria is not only an ideal East-West bridgehead but offers good starting conditions for company expansion. It is also a perfect test market before taking a step into larger markets such as Germany or Eastern Europe.
Read more here about setting up a company in Austria.