Austria · Moderate Taxation on Corporate Profits Source: Deloitte Resources Maximum taxation on...

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Austria *

*) Where your profits climb to the top

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Birgit Reiter-Braunwieser

ABA – Invest in Austria October 2014

Business Location Austria

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Ideal Location in the Heart of Europe

Ideal access to

CEE and WE

markets

Excellent

infrastructure

Austrian services

providers have

extensive CEE

know how

Folie 4 Source: Eurostat, Statistics Austria

Facts about Austria: Economy in 2014

Population 8.4 mio

GDP growth + 0.6 %

GDP/capita € 33,640 €

Inflation 1.6 %

Public Debt 81.2% of GDP

Government

Deficit

- 1.5%

Unemployment 4.8%

Trade balance

Capital balance

-4.9 bn.

- 5.5 bn.

GDP Industry

GDP Services

GDP Agriculture

28.7 %

69.7 %

1.5 % …#2 in the EU GDP/capita

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You Know Austria Like This …

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Invest in an Industrialized Country

Source: OECD, Eurostat

Production sector as percentage of GDP, 2013

30,2

28,7

27,5

26,4

24,8

24,4

20,7

19,9

18,8

Germany

Austria

Japan

Switzerland

EU-28

Netherlands

UK

USA

France

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19% „New“ Austrians

Source: Statistics Austria 2013

226,882

208,947

185,592

132,661

74,639

69,859

63,197

45,589

44,209

28,510

27,916

30,017

Germany

Serb, Mont, Kos

Turkey

Bosnia-Herz.

Romania

Croatia

Poland

Hungary

Czech Rep.

Italy

Slovakia

Russia

Foreign citizens Already naturalized

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Motivated Staff Secure Your Success

Source: World Competitiveness Yearbook 2013

10 = Motivation of staff is high

7,87

7,77

7,60

7,59

7,58

7,29

7,00

6,79

6,00

5,60

4,90

4,76

4,65

4,38

Denmark 1

Switzerland 2

Ireland 3

Austria 4

Japan 5

Germany 9

Netherlands 11

USA 16

United Kingdom 30

Czech Republic 35

France 45

Italy 46

Hungary 47

Poland 52

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Highly Productive Employees

Source: European Commission, Eurostat 09/2013

Labor productivity: GDP per person employed in PPS, EU-27=100

167,8

142,6

127,3

115,6

115,2

115,1

108,9

107,9

107

106,2

105

100

72

72

69,8

44,3

Luxembourg 1

Ireland 2

Belgium 3

Sweden 4

Austria 5

France 6

Netherlands 9

Euro area

Italy 11

Germany 12

United Kingdom 13

EU-27

Czech Republic 21

Poland 21

Hungary 24

Bulgaria 27

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Expert Staff for Sustainable Corporate

Success in R&D

Dual educational system

Vocational schools (HAK, HTL unique to Austria)

21 Academies of applied sciences with

offering more than 370 courses

22 public universities

11 private universities

Foreign language competencies

More than 1,000 extra-university

research institutions

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Moderate Taxation on Corporate Profits

Source: Deloitte Resources

Maximum taxation on profits 2014 in %

17

19

19

21

22

25

30

35

33,33

31,4

25

12,5Ireland

Slovenia

Czech Rep.

Hungary

UK

Slovakia

Austria

Netherlands

Germany

Italy

France

USA

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Austrian Expenditures in R & D

Source: Statistik Austria

Estimate 2013 in €

Total: 8,962.33 m Others 153.7

Regions 427.4Companies

3930.9

Foreign 1363 Federal 3087.4

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Austria‘s R&D Expenditures Grow

above Average

Germany Austria

EU-25

Source: Eurostat

*Forecast 2014

2.88 *

As a percentage of GDP

1,5

1,7

1,9

2,1

2,3

2,5

2,7

2,9

1998 2000 2003 2004 2005 2006 2007 2008 2010 2012 2014

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Investment Incentives for Investors

Subsidies for investments, SME support

and start ups: AWS (Austria Wirtschafts

Service)

R&D: Research promotion agency (FFG)

Training: AMS (Austrian employment

service)

Environmental projects: Kommunalkredit

Export financing and guarantees: OeKB

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Incentives for R&D

Fiscal:

Research premium: 10 %

Subsidies (FFG – Research Promotion

Agency):

up to 50% of total costs for basic and

industrial research can be financed

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Competitive Office Rents Reduce

Your Operating Costs

Source: CB Richard Ellis, 2013

In Euro per m² and year 312

323

360

400

413

436

440

495

555

732

1002

1013

1354

1451

1869

1976

Berlin

Budapest

Vienna

Prague

Amsterdam

Brussels

Warsaw

Rome

Frankfurt

Zurich

Paris

New York

Tokyo

Moscow

London

Hong Kong

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Attractive for More than

300 Regional Headquarters

Sberbank

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Vienna: HQ-Location for International

Organizations & Top Conference City

Vienna: Only UN headquarters in the EU

UN organizations in Vienna:

UNCITRAL, UNODC, UNIDO, UNIDIR, CTBTO,

UNHCR, OIOS, IMOLIN, etc

30 HQs of international organizations in Vienna

More than 14,000 international staff and diplomats

(UN) are living in Vienna

Leading conference city (according to ICCA study)

Skilled HQ staff available

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Unmatched Quality of Life Maximum = 10

Source: World Competitiveness Yearbook 2014

9,73

9,55

9,47

9,38

9,21

8,48

8,33

8,22

7,73

7,56

6,46

4,00

3,69

Switzerland 1

Austria 2

Norway 3

Germany 5

Netherlands 6

France 17

USA 19

Japan 20

UK 22

Czech Rep. 24

Italy 30

Hungary 54

Poland 56

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ABA-Invest in Austria

Opportunities are our business

Advisory services for international

investors

Owned by the Republic of Austria

25 expert staff

International network

Offices in Tokyo & Shanghai

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What ABA can do for you …

Consulting services – fast, non bureaucratic and

free of charge

General information on Austria as a business

location

Market data

Legal and tax issues – contact network

Labour laws, labour costs

Site identification

Information about incentives and public

contributions

Organisation of “fact finding” missions

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ABA-Invest in Austria

Birgit REITER-BRAUNWIESER

Tel.: +43 1 588 58 52

E-Mail: b.reiter-braunwieser@aba.gv.at

www.investinaustria.at