Incorporation of a joint stock corporation (Aktiengesellschaft) in Austria
Costs of notarization and registration | not included |
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Minimum share capital | 70000 |
Registration | yes |
TThe joint stock of an Austrian stock corporation is about at least 70,000 Euro. It is divided into shares. It has to be applied through the acquisition of shares by the incorporators. There are shares by nominal amount and no-par value shares. Par value shares are issued to a specific nominal amount. The minimum nominal amount of a share is one euro. Higher nominal amounts must be amount to entire euros. The shares may not be issued for an amount less than the par value. No-par value shares are a calculatory part of the stock. This amount has not to fit to an entire euro.
The liability of a joint stock corporation is limited to the company's assets.
Just with the entry in the commercial register (Firmenbuch) the corporation is actually formed. Before a successful entry the commercial register has to check the conditions and has to approve the incorporation. Condition for the entry is, that all shares are paid by the incorporators, that they have passed an resolution and that they have called the first board and appointed a supervisory board.