Whether front wheel drive, the first Porsche vehicle off the assembly line or alternative drive systems, Austria's history as a highly qualified driving force behind automotive developments and innovative mobility concepts is long. In its role as an automotive powerhouse, the Alpine Republic features a high level of attractiveness for international automotive companies thanks to its top-notch quality as a business location and optimally trained skilled employees.
The inventiveness of the Austrian automobile sector
800 startups and companies, including university and non-university research facilities, research clusters and networks, are making decisive contributions in Austria to the mobility of the future. Europe’s most diverse testing environment for autonomous driving, the world’s lightest and most efficient high-performance batteries for electromobility and the promotion of the use of artificial intelligence are among the focal points in Austria in the field of mobility. More than 1,600 patents were registered in the automotive sector in the period 2011 – 2015. Because of their ingenuity and productivity, Austria’s automotive component suppliers have gained reputation as reliable partners. Hardly any vehicles in the world today leave the assembly lines without components “Made in Austria”.
Reasons for Austria
- Innovative companies find the best minds in Austria.
- Thanks to the generous research tax credit, 14% of R&D expenditures incurred by research-based firms can be deducted for tax purposes.
- Austria offers attractive tax advantages. There is a tax deduction for migrants working as scientists and researches applying to 30% of researchrelated income.
- Direct funding programs for R&D champions
ABA – Invest in Austrian offers you comprehensive service – from funding and market opportunities to tax regulations. We provide you with unbureaucratic support, putting their know-how at your disposal – at no charge at all.
Please do not hesitate to contact me for an initial consultation without any obligation on your part.