Document background
A Letter of Incorporation is the foundational document required for establishing a company in Austria. This document must comply with Austrian corporate law, particularly the GmbH-Gesetz and UGB (Austrian Commercial Code). It is used when founding a new company and must include specific mandatory information such as company name, registered office, corporate purpose, share capital (minimum €35,000 for GmbH), and management structure. The Letter of Incorporation must be executed before a notary public and serves as the basis for the company's registration in the Austrian Commercial Register. It establishes the legal framework for the company's existence and operations, defining shareholders' rights, management responsibilities, and basic corporate governance structures. This document is essential for both domestic and foreign investors looking to establish a business presence in Austria.
