Malaysia Hotline: +603- 2141 8908
Austria’s
highly developed and resilient economy sustains high levels of prosperity.
Openness to global trade and investment is firmly institutionalized and
supported by a relatively efficient entrepreneurial framework. As a member of
the EU, Austria is also a member of the Euro zone. Austria is a member of the
United Nations, a party to the WTO, member of the OECD, the World Bank, the
International Finance Corporation and the International Development
Association.
Austria’s
main advantages are its economic, political and labour stability, its highly
skilled workforce, a high standard of living, internal security and its
well-established business ties to Central and Eastern Europe as well as
far-reaching integration in the world economy. Austria is one of the safest
countries in the world. This goes for politics as well as for the business
climate, a low crime rate and the legal system – a framework companies can rely
on.
Austria
has a strong tradition of reliable protection of property rights, and the legal
system is transparent and provides effective protection for the property and
contractual rights of nationals and foreigners. Effective anti-corruption
measures are in force. The land registry is a reliable and publicly accessible
system for recording interests in property. Apart from that, Austria is an
attractive location from a tax perspective as it provides a competitive
corporate income tax rate of 25% with an effective rate that is competitive due
to several tax reliefs even in comparison to other countries with lower nominal
rates.
Additional
benefits come from several tax incentives, most notably for R&D
expenditure, education expenditure and incentives for groups of companies and
the lack of wealth, inheritance and trade taxes. Not only international
companies but also smaller foreign firms with subsidiaries can reap enormous
advantages from the group taxation provisions in relocating operations to
Austria, especially in establishing headquarters for the Eastern European
region.
Contact
us
If
you have further queries, please contact Tannet
24
hours Malaysia hotline：603-21418908;
24
hours Hong Kong hotline：852-27837818;
24
hours Hong Kong hotline：86-755-
36990589;
Email:
mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my