Austria has profited enormously from the expansion of the European Union: More and more companies are using Vienna and its environs for their headquarters and as a “springboard” for their transactions in Central and Eastern Europe. For decades now, Austria’s domestic political situation has been extremely stable and its traditionally cooperative relationship between employees and employers in the form of a “Social Partnership” successfully prevents the threat of strikes and/or their implementation.
The Austrian legal system guarantees a high degree of predictability in how the law will be applied and a high level of legal certainty. This is especially true of its tax laws, meaning that you can calculate the taxation of your activities in Austria with certainty.