Document background
The Company Ownership Contract is a fundamental document required under Austrian law when establishing or restructuring a company's ownership structure. It is primarily used during company formation, ownership transfers, or when updating existing ownership arrangements to reflect new shareholders or changed circumstances. The document must comply with Austrian corporate law requirements, particularly the UGB (Commercial Code) and either the GmbHG (for GmbHs) or AktG (for AGs). It contains essential provisions about share capital, ownership rights, management structure, profit distribution, and decision-making processes. This contract is crucial for defining shareholder relationships, preventing future disputes, and ensuring proper corporate governance. It must be notarized in Austria and registered with the commercial register (Firmenbuch) to be legally effective.
