Document background
The Company Transfer Letter is a crucial document in Austrian business operations, used when an employee is being transferred between legal entities, whether within the same corporate group or to an external company. This document is essential in scenarios such as corporate restructuring, mergers and acquisitions, or internal reorganizations. It must comply with Austrian employment law, particularly the AVRAG, and address requirements regarding employment contract transfers, data protection, and works council consultation where applicable. The letter serves multiple purposes: it formally notifies the employee of the transfer, confirms the continuation of employment terms, provides practical information about the change, and ensures legal compliance. It's particularly important in Austria's highly regulated employment environment, where proper documentation of such changes is mandatory.
