Fees and timelines in 2022

Fees

payment by instalmentIncorporation costs in Year 1 amount to €7,400 and annual company costs in Year 2 and thereafter amount to €3,500. The average fee per Austria engagement amounts to €14,920, which includes company incorporation and opening a local corporate bank account and all Government fees. Refer to draft invoice embedded here.

Different Austria entity types Cost Draft invoice
Tax resident LLC €14,920 View invoice PDF
PLC €16,920 View invoice PDF
Branch of a foreign company €16,920 View invoice PDF
Representative Office €12,970 View invoice PDF

Click here to create your own Austria invoice

Timelines

The average Austria company registration period is 15 weeks as outlined below:

Service LLC PLC Branch Rep Office
Engagement planning 2 weeks 1 week 1 week 1 week
Company incorporation period 5 weeks 7 weeks 7 weeks 4 weeks
Bank account approval 4 weeks 4 weeks 4 weeks 4 weeks
Internet banking approval 3 week 1 week 1 week 1 week
Incorporation completion 1 week 1 week 1 week 1 week
Total engagement period 15 weeks 14 weeks 14 weeks 11 weeks

Austria business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Austria, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Client Engagements Manager
  • Contact me!
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