Business Contract Termination Letter Template for Austria

The Business Contract Termination Letter is a crucial document used in Austrian business practice when one party wishes to formally end a contractual relationship. This document must comply with Austrian legal requirements, particularly the Austrian Civil Code (ABGB) and Commercial Code (UGB), and should be used when a company needs to terminate a business contract in accordance with either the contract's termination provisions or statutory requirements. The letter serves multiple purposes: it provides formal notice of termination, documents the effective date, outlines any remaining obligations, and helps maintain professional relationships while ensuring legal compliance. It's particularly important in the Austrian business context, where formal written communication is highly valued and specific legal requirements must be met for valid contract termination.

1. Header Information: Complete business details of both parties including company names, registration numbers, addresses, and date

2. Subject Line: Clear indication that this is a contract termination notice, including relevant contract reference numbers and dates

3. Contract Identification: Specific details of the contract being terminated, including original execution date and parties involved

4. Termination Declaration: Clear and unambiguous statement of termination, citing relevant contract clause or legal basis

5. Effective Date: Specific date when the termination becomes effective, considering notice periods required by contract or law

6. Outstanding Obligations: Statement regarding any remaining payments, services, or obligations to be fulfilled

7. Return of Property: Instructions regarding the return of any company property, documents, or confidential information

8. Closing Statement: Professional closing including any requirements for acknowledgment or response

9. Signature Block: Authorized signatory details, including name, position, and company stamp if required