{"id":3526,"date":"2017-03-20T23:00:44","date_gmt":"2017-03-20T23:00:44","guid":{"rendered":"https:\/\/www.conferencecall.nl\/blog-uk\/?p=3526"},"modified":"2017-03-20T23:00:44","modified_gmt":"2017-03-20T23:00:44","slug":"exporting-to-austria-everything-you-need-to-know","status":"publish","type":"post","link":"https:\/\/www.conferencecall.nl\/blog-uk\/exporting-to-austria-everything-you-need-to-know\/","title":{"rendered":"Exporting to Austria &#8211; everything you need to know"},"content":{"rendered":"<p>Austria is a relatively small nation with a population of just 8.5 million &#8211; the big plus point from a trade point-of-view is that, being located right in the centre of Europe, it has over 48 million people within a 400km radius of Vienna, its capital city, which means exporting to Austria will put your products and services within reach of a lot of potential customers.<\/p>\n<p>It\u2019s also one of the wealthiest nations in Europe, with a Gross Domestic Product (<abbr title=\"Gross Domestic Product\">GDP<\/abbr>) per head of \u20ac33,200 compared with a European Union (<abbr title=\"European Union\">EU<\/abbr>) average of \u20ac25,700. Austria\u2019s high standard of living and relatively low living costs results in high non-essential disposable income.<\/p>\n<p>If you want to take advantage of this, here&#8217;s everything you need to know about exporting to Austria&#8230;<\/p>\n<p><!--more--><\/p>\n<h2>The pros and cons of exporting to Austria<\/h2>\n<p id=\"international_orgs\">A number of international organisations have their headquarters in Austria, including:<\/p>\n<ul>\n<li>United Nations (UN)<\/li>\n<li>Organization for Security and Co-operation in Europe (OSCE)<\/li>\n<li>Comprehensive Nuclear Test Ban Treaty Organization (CTBTO)<\/li>\n<li>Organization of the Petroleum Exporting Countries (OPEC)<\/li>\n<\/ul>\n<p>And there are more than 350 internationally active companies have their Central and Eastern Europe (<abbr title=\"central and eastern Europe\">CEE<\/abbr>) headquarters in Vienna.<\/p>\n<p>The strengths of the Austrian market include:<\/p>\n<ul>\n<li>Well educated workforce<\/li>\n<li>Important tourist destination<\/li>\n<li>All major international legal and accountancy firms represented<\/li>\n<li>Politically stable<\/li>\n<li>Well developed infrastructure<\/li>\n<\/ul>\n<p>And, as you&#8217;d imagine, there are a lot of plus points to doing business over there, not least:<\/p>\n<ul>\n<li>English widely spoken amongst professional people<\/li>\n<li>Strategic position as link between western and eastern European markets<\/li>\n<li>Less than 2 hours away by plane<\/li>\n<li>Low cost flights between Austria and UK<\/li>\n<li>Starting point for access into <abbr title=\"central and eastern Europe\">CEE<\/abbr><\/li>\n<\/ul>\n<p>UK exports to Austria rose from \u20ac2 billion in 2013, to \u20ac2.3 billion in 2014, and the main\u00a0main exports are:<\/p>\n<ul>\n<li>Automotive products<\/li>\n<li>Information and Communications Technology (ICT)<\/li>\n<li>Chemical products<\/li>\n<li>Dyes and plastics<\/li>\n<li>Machines and metal<\/li>\n<li>Medical and surgical equipment<\/li>\n<\/ul>\n<p>And if your business is a provider of services, not products, there are opportunities available for specialists in:<\/p>\n<ul>\n<li>Innovative financial services<\/li>\n<li>Franchise opportunities<\/li>\n<li>Ecommerce<\/li>\n<li>High value luxury goods<\/li>\n<\/ul>\n<p>There are few challenges, but on major stumbling block is because Austria is\u00a0a federal state, there may be some regulatory changes to negotiate, particularly if you&#8217;re in the healthcare or construction sectors.<\/p>\n<p>Another hurdle could be that you&#8217;ll need a definitive USP for your product as it takes a lot for Austrian businesses to switch from a supplier they use and trust. So if it&#8217;s just a standard product at a standard price, you may have to up your game.<\/p>\n<p>And don\u2019t forget, if you\u2019re going to do business in Austria,\u00a0you\u2019ll need a reliable and cost effective <a href=\"https:\/\/www.conferencecall.co.uk\/conference-call\" target=\"_blank\">conference call<\/a> provider \u2013 here\u2019s <a href=\"https:\/\/www.conferencecall.nl\/blog-uk\/set-conference-call-austria-uk\/\" target=\"_blank\">how to set up a conference call between the UK and Austria<\/a>.<\/p>\n<p><iframe src=\"https:\/\/www.youtube.com\/embed\/lS3c-_wNg1A\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h2>Tax and customs in Austria<\/h2>\n<h3>Tax<\/h3>\n<p>The general rate for value added tax (VAT) is 20% for most manufactured goods and services, but a lower rate of 10% is levied on food, agricultural products, property rents, and some other items.<\/p>\n<p>The importer in Austria will declare the goods on their <abbr title=\"Value Added Tax\">VAT<\/abbr> return form so, as a UK-based exporter, you\u00a0should zero rate the goods at your end. If the buyer is not registered for <abbr title=\"Value Added Tax\">VAT<\/abbr> or the seller cannot obtain his <abbr title=\"Value Added Tax\">VAT<\/abbr> number then the seller must charge the UK rate of <abbr title=\"Value Added Tax\">VAT<\/abbr>.<\/p>\n<p>A special tax, based on the car\u2019s average fuel consumption, is levied on the first registration of cars.<\/p>\n<p>Corporate tax is 25 % of any income of legal entities.<\/p>\n<p>Income tax can be as high as 50% and is paid by all people who are registered in Austria, and\u00a0you will be liable for income tax if registered abroad, but have an Austrian work contract.<\/p>\n<h3>Customs<\/h3>\n<p>No import duties apply as\u00a0Austria is a member of the EU\u00a0single market, and goods can move freely between member states without any documentation. You should still send normal documentation like packaging lists and invoices, which should include; address details,\u00a0<abbr title=\"Value Added Tax\">VAT<\/abbr> registration number of supplier and receiver, customs tariff number, as well as\u00a0net and gross weights.<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-1777 size-full\" src=\"https:\/\/www.conferencecall.nl\/blog-uk\/wp-content\/uploads\/2015\/05\/conference-call-banner.jpg\" alt=\"\" width=\"600\" height=\"118\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Austria is a relatively small nation with a population of just 8.5 million &#8211; the big plus point from a trade point-of-view is that, being located right in the centre<\/p>\n<div class=\"more-link-wrapper\"><a class=\"more-link\" href=\"https:\/\/www.conferencecall.nl\/blog-uk\/exporting-to-austria-everything-you-need-to-know\/\">Read More<span class=\"screen-reader-text\">Exporting to Austria &#8211; everything you need to know<\/span><\/a><\/div>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[22,2,7],"tags":[23,29,24],"_links":{"self":[{"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/posts\/3526"}],"collection":[{"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/comments?post=3526"}],"version-history":[{"count":4,"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/posts\/3526\/revisions"}],"predecessor-version":[{"id":3533,"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/posts\/3526\/revisions\/3533"}],"wp:attachment":[{"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/media?parent=3526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/categories?post=3526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/tags?post=3526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}