The following laws must be taken into consideration when searching for business partners and initiating business:
Other options for expanding your business are taking over an existing one, merging with another company or opening a branch in another EU country.
Around 6 000 export companies are active in Austria, including large operations as well as many specialised small and medium-sized enterprises. Many of these companies are in partnership with foreign trading firms. They have a wide range of experience and usually also have branches in the target markets as well as in-depth knowledge of their sectors.
Advantage Austria is a web portal with information about Austrian branches of trade, Austrian companies and events for foreign companies hoping to develop business relationships in Austria. Austrian companies can view information about business abroad and find cooperation partners for foreign trade.
Useful information for people living and working in Austria is available from HELP, the Austrian government help service, or the Business Service Portal USP.
Austria Wirtschaftsservice is a governmental body for financing and promoting businesses and innovation in industry. It also offers a range of subsidies for small and medium-sized enterprises.
The Austrian foreign trade promotion organisation Austrian Trade (AWO) subsidises consulting costs associated with establishing companies abroad.
Companies can also be entered into the AWIS company database which they can use to access information about seminars, events and cooperation projects. Newsletters are distributed on a weekly basis.
Companies can offer products and services in the online marketplace of the Austrian Federal Economic Chamber and make contact with successor establishments and cooperation partners.