"I am certain: growth will return next year, and our comeback will begin. For this to succeed, we will have to enhance the attractiveness of our business location alongside the existing € 50 billion in relief and aid measures - and enable as many people as possible who are currently unemployed to get jobs in future-oriented industries."
These measures include a pro-active business location policy for key industries and an ambitious founder package with the objective of facilitating startups and strengthening the capital market.
"A new form of setting up companies - Austria Limited - which will
facilitate a quick and unbureaucratic establishment and stakeholder management
of companies is already being developed. Tax incentives for financing innovative SMEs and startups as well as measures to increase equity capital in companies are also in the planning stage."
Find out more about how to start a business in Austria.