Vienna · AustriaSubmission received
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Bring a requirement →Vienna · Tuesday 3 November
20:42
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What the rules say in Austria
From the Austria market guide: the points that matter most for legal & contracting, each with the source it was checked against.
Essentials guide · Source-checked research39% of statements checked against a source7 checked against an official source13 checked against a secondary sourceChecked 2026-10-1914 held back until checked against an official source11 topics include AI-written statements, not source-checkedNot yet professionally reviewed
The acquisition of real estate by foreign nationals is regulated by the real estate transfer laws (Grundverkehrsgesetze) of the nine federal states, which generally require approval for non-EU/EEA buyers.
State law, so conditions differ between states; EU/EEA nationals are generally treated like Austrians.AI-written, not source-checkedInsolvency proceedings are governed by the Insolvency Code (Insolvenzordnung), and preventive restructuring by the Restructuring Code (Restrukturierungsordnung) adopted in 2021 under the EU Restructuring Directive.
AI-written, not source-checkedCompanies can be held criminally liable for offences committed by decision-makers or employees under the Corporate Criminal Liability Act (Verbandsverantwortlichkeitsgesetz).
Liability for employee offences depends on a failure of supervision or organisation.AI-written, not source-checkedAustrian arbitration law is contained in sections 577 to 618 of the Code of Civil Procedure (Zivilprozessordnung) and has been based on the UNCITRAL Model Law since 2006.
Baker McKenzie (Global Arbitration News) · checked 2026-10-19Read the full guide: Entry, investment and company formation · Courts, arbitration and enforcement
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WONE Global Partners in Austria
No named lead for Legal & Contracting yet — these WONE Global professionals already work in Austria and can bring the right local colleague in.
Vienna · Austria
Vienna · AustriaWONE Global Partner · Austria
Vienna · AustriaWONE Global Partner · Austria
Simic Denis MSc., LL.B. studied business administration in Vienna. After completing his studies, he specialized in accounting and tax compliance, qualifying as a certified Austrian accountant. In 2022, he joined TAX 360…
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