Economic centre in the heart of Europe

The capital of Vienna is the economic and political centre of Austria. In Vienna traditions, culture and quality of life merge with the factors of a top economic situation in a unique fashion. The central situation in the middle of Europe, close economical connections and the proximity to the growth markets in central and Eastern Europe, highly qualified workers, high productivity, research and technology-friendly climate as well as the unique quality of life combined with stable political and economic framework are important factors which speak for Vienna in world-wide competition.

In Vienna, businesses particularly appreciate the high-quality training system, the large number of highly qualified workers, the excellent access to the dynamic growth markets of central and Eastern Europe, the quality of the infrastructure and the unique quality of life. 

CEE hub

Vienna is also an attractive region for international corporate headquarters. Approximately 200 international businesses use the federal capital as the control centre for their EEC activities, including global players such as Hewlett Packard, Eli Lilly or Siemens.  Important international organisations such as UNO, UNIDO, IAEO or OPEC reside here.

Due to the low corporate tax (KÖSt) and the innovative model of the group taxation, Vienna also ranks amongst the most attractive business locations in Europe from a fiscal viewpoint. With an effective burden of taxation of 23 percent corporate tax rate (KÖSt) and without wealth and trade tax, Austria offers extremely attractive conditions in comparison to other European countries.