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More support for new companies

Young entrepreneurs and startups can save court fees for entering their firms in the Commercial Register, as well as stamp fees and federal administration fees, the land transfer tax, court fees for the Austrian Land Register and certain non-wage labour costs amounting to 6% when hiring employees within the first 36 months.

When a company is founded for the first time it can save the fees if one takes advantage of a so-called NeuFÖG consultation at the Federal Economic Chamber. A "simplified founding" is possible for a sole proprietorship. This is considerably less expensive and can be implemented via a bank or even online.

Read more on the New Business Support Act in our blog!

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The openness towards innovations, that one can find everywhere within Austria was our basis to bring FAIRTIQ to Austria first, after Switzerland and Liechtenstein. FAIRTIQ is looking forward to accompany our existing and also our new partners in Austria on all their upcoming and successful journeys.


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Since 2007 PHIOS has accompanied well-known companies in the implementation of particularly challenging and complex software projects. At the beginning of May 2022, the Liechtenstein company opened its Vienna location. From here, the Austrian market is to be built up and neighboring countries in the east are to be worked on. The managing director is Stefan Vögel, an expert with many years of international experience in strategic consulting and project management.

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