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setting up business

Vienna is “in”. Not only as a cosmopolitan hub for art and culture, but also as a business location. Numerous studies affirm the exceptional economic environment of the area, as does the increase in the number of international companies locating their business operations in Vienna.

The Austrian metropolis on the Danube has positioned itself as an important economic interface in the New Europe. From a business point of view, this ensures favourable long-term perspectives for sustainable growth, even in difficult times. SME’s count for 98 % of all Austrian enterprises. They are a vital pillar of the economy in Vienna. Innovation and dynamic companies give an inevitable impact to our city.

There are many things to consider when starting up a business in Vienna: requirements for practising a trade, the right business concept, market situation and competitors, financial funding and supporting funds, social security, etc. Have a look at “The 7 steps toward founding a business” in the Infobox, which will help you in your considerations.

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