Fees and timelines in 2023
Fees
Incorporation 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 |
