Vienna uniquely fuses tradition, culture and quality of life with all the modern features characterizing a top-class business location. The core strengths of the Viennese economy include life sciences, information and communications technologies, creative industries and the automotive sector. In recent years, Vienna has increasingly positioned itself as a global business interface for the CEE growth markets in the New Europe.
In particular, companies highly value Vienna as a business location due to its top-notch educational system, the large number of highly qualified employees, excellent access to the dynamic growth markets of Central and Eastern Europe, the quality of its infrastructure and its unsurpassed quality of life.
From a tax point of view, Vienna is considered one of the most attractive corporate locations in Europe, thanks to its low corporate income tax rate and the innovative group taxation scheme.