Starting a business in Austria

Legal Forms of Companies

Gesellschaft mit beschrankter Haftung (GmbH) is a Private Limited Company.

Number of partners: One or more partners with no maximum.
Capital (max/min): Minimum EUR 35,000. 50% totally subscribed and released at the creation.
Shareholders and liability: Partners' and shareholders liability is limited to the amount contributed.

Aktiengesellschaft (AG) is a Public Limited Company.

Number of partners: One or more partners with no maximum.
Capital (max/min): Minimum EUR 70,000. 25% totally subscribed and released at the creation.
Shareholders and liability: Partners' and shareholders liability is limited to the amount contributed.

Offene Handelsgesellschaft (OHG) is a general partnership company.

Number of partners: Minimum 2 partners.
Capital (max/min): No minimum capital.
Shareholders and liability: Partners' liability is joint and unlimited for social debts.

Kommanditgesellschaft (KG) is a limited partnership.

Number of partners: Minimum 2 partners. Two types of partners: active partners and sleeping partners.
Capital (max/min): No minimum capital.
Shareholders and liability: Liability of active partners is limited to capital, with at least one partner having unlimited liability. Liability of sleeping partners is limited to the amount contributed.

Business Setup Procedures

Source: Doing Business - Latest available data.