For the determination of the tax base, the deduction of all expenses for the production of income is eligible. In principle, all expensespertaining to the company’s operations are deductible, for example personnel, depreciation, travel expenses, interest paid, license fees, fees, write-downs of receivables
Substantial identity between statutory profit and tax profit
The depreciation period depends on the duration of economic use:
machinery = from 5 to 10 years
corporate buildings = 2.5% per year
cars = 8 years
Possibility of compensation / carryover of losses without time limitations.
Compensation / carryover is allowed with 75% of taxable income.
The minimum IRES expected is € 500.00 for the first 5 years
€ 1000.00 for the following 5
€ 1750.00 after 10 years
The tax must be paid regardless of the operating result. In case of losses, the minimum tax can be used in the years in which the profits are accrued
In order to start a business in Austria through a joint-stock company, it is essential to actually operate an economic activity
Regardless of the residence of the directors, their decisions must take place in Austrian territory
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