
Economic climate
Austria stands out due to its high level of economic security, social stability and a business-friendly economic environment.
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Safe location
with a high level of stability
A functioning state ruled by law, quick court decisions and good payment practices facilitate smooth and stable business processes.
There are virtually no strikes thanks to the close collaboration between employers’ and employee associations. Companies benefit from reliability and long-term plannability.
Digital and efficient administration
Irrespective of whether it is a tax return, security information or legal advice, administrative procedures take place online and thus quickly and efficiently in Austria.
Even the setting up of a public limited company is possible via the Internet. The appointment at the office of the notary public is replaced by a video conference and the signature in person is replaced by an electronic signature.
Natural resources and a
strong infrastructure
Companies benefit from a secure supply of electricity and energy thanks to the high percentage of renewable energy generated in the country. Austria currently produces 75% of its electricity from hydropower and wind power, aiming for 100% green electricity by 2030.
Not only do all important data and power lines come together in Austria, but the country also scores point as a transport hub on roads, rails and waterways. Transport networks are optimally developed and are being continually expanded along with mobile telephony and dedicated lines.

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