Social Security: Social security contributions are compulsory and determined as percentages of total monthly earnings. Social security is payable both by employers and employees. The employer must contribute from 21.7% to 21.83% of the employee's salary depending on the status and the income of the employee.
Payroll tax: A payroll tax is levied by municipalities at a general rate of 3% on total salaries and social contributions paid monthly by permanent establishments based in Austria.
Real property tax: An annual real estate tax of up to 2% of the assessed value of property is levied by municipalities.
Capital duty: A 1% capital transfer tax on contributions to company capital.
|Number of Payments of Taxes per Year||12.0||12.0||11.0||9.0|
|Time Taken For Administrative Formalities (Hours)||170.0||176.0||175.0||207.0|
|Total Share of Taxes (% of Profit)||53.1||42.7||46.7||46.8|
Source: Doing Business - Last Available Data.
|Individual tax rate taxable income in EUR||Austria individual income tax rates are progressive up to 50%|
|from 0 EUR to 11,000 EUR||0%|
|from 11,001 EUR to 25,000 EUR||20.44%|
|from 25,001 EUR to 60,000 EUR||33.73%|
|Beyond 60,000 EUR||50%|
Automatic tax credits are given based on the number of income earning individuals in a household and whether there are children.
|Type of property and law||Validity||International Agreements Signed|
Patent Law (Federal Law No. 259/1970), last amended in 2001.
|20 years (maximum).||
Patent Cooperation Treaty (PCT)
Trademark Protection Law (Federal Law No. 260/1970), last amended by in 1999.
|10 years (extendible).||
Trademark Law Treaty
Protocol Relating to the Madrid Agreement Concerning the International Registration of Marks
Semiconductor Protection Right Law 1988 (Federal Law No. 372/88 on the Protection of Topographies of Microelectronic Semiconductor Products), last amended in 1996.
|10 years (maximum)|
Federal Act on Copyright in Works of Literature and Act on Related Rights, April 1936, last amendment in 1998.
|Generally 70 years after the death of the author of the work.||
Berne convention For the Protection of Literary and Artistic Works
Convention for the Protection of Producers of Phonograms Against Unauthorized Duplication of Their Phonograms
Rome ConventionFor the Protection of Performers, Producers of Phonograms and Broadcasting Organizations
WIPO Copyright Treaty
WIPO Performances and Phonograms Treaty
Designs Law (Federal Law No. 497/1990, June 1990), last amended in 1992.
|5 years ( extendible up to 25 years after every 5 years).|
Member of International Communication Union
Member of IEC
|New Year's Day||January 1, Tuesday|
|Epiphany||January 6, Sunday|
|Easter Monday||In March - April|
|Labor Day||May 1, Thursday|
|Corpus Christi Day||In May-June|
|Assumption Day||August 15, Friday|
|National Day||October 26, Sunday|
|All Saints Day||November 1, Saturday|
|Immaculate Conception||December 8, Monday|
|Christmas Day||December 25, Thursday|
|St. Stephen's Day||December 26, Friday|
|The vacation season is in Austria is July and August. During this period many decision-makers are on vacation, generally for 3-4 weeks. Thus business visits or events are not recommended during these two months.|
Any Comments About This Content? Report It to Us.
© Export Entreprises SA, All Rights Reserved.
Last Updates: October 2014