Skip to content

Austria considers introducing new legal entity form 'Limited'

March 2021

18 March 2021 - In line with a recently issued Governance Programme for 2020-2024, it is planned to implement a new legal entity form ‘Limited’. Currently there are no strictly outlined criteria for such, however, there are a few expected ones:

  • Minimum share capital will vary from 5 to 10kEUR;
  • The possibility to maintain share register at company’s books instead of shareholders’ registration within the Austria Business register;
  • The possibility of incorporation an entity using documentation solely in English language;
  • Expansion of minority shareholder rights.

Besides that, further acceleration and simplification is expected for business start-ups, an expansion of digitization in company law as well as possible reforms for AG and GmbH forms.

This site uses cookies. By continuing to use this site, you consent to the use of cookies. For more information, click here.