AUSTRIA

Austria has traditionally had close links with Eastern Europe, and has attracted significant numbers of companies from the region since the collapse of the Soviet Union. Approximately 67% of the Austrian workforce is employed in the country's service sector, although industry accounts for around 27% of the workforce, and agriculture the remainder. As might be expected from a country with such a developed service sector, the standard is high, and the workforce generally well educated. The Vienna Stock Exchange showed a return to form in 2012 after a poor performance in the two years preceding, with the leading index, the...

2020

What are the advantages of the jurisdiction for Chinese investors? Austria, a Member State of the European Union, offers perfect access to the European Market and gives direct access to all EU Directives. Austria has a tax treaty with China since 1992 and with Hong Kong since 2011. Holding shares in an Austrian company does not trigger CFC-legislation in China and Austrian based companies have access to currently 90 tax treaties Austria has signed with other countries and have access to 59 Investment Protection Treaties signed with other countries. Furthermore, domestic Austrian tax legislation foresees significant tax exemptions for foreign source...

CORPORATE & FIDUCIARY JURISDICTION 2020

Austria, a Member State of the European Union, offers perfect access to the European Market and gives direct access to all EU Directives. Austria has a tax treaty with China since 1992 and with Hong Kong since 2011.Holding shares in an Austrian company does not trigger CFC-legislation in China and Austrian based companies have access to currently 90 tax treaties Austria has signed with other countries and have access to 59 Investment Protection Treaties signed with other countries. Furthermore, domestic Austrian tax legislation foresees significant tax exemptions for foreign source income and offers additional tax benefits. What types of companies...

CORPORATE & FIDUCIARY SPONSORED CONTENT 2014

Q&A for China Offshore Autumn-Austria Q: Compared with other jurisdictions, what is unique in your jurisdiction? Under the current economic scenario, why should people put money there? A: Austria, right in the center of Europe is one of the few Member States of the EU which pays more into the budget of the EU than getting out from it. Austria has a very stable and growing economy, Austria managed to survive the crisis without suffering from damages and has a very robust banking system which is well known for its famous bank secrecy.  Q: What are the most popular financial products in...

CORPORATE & FIDUCIARY JURISDICTION 2014