- Austria launches a new export initiative to support its export economy amid global challenges like fragile supply chains and high financing costs.
- The initiative simplifies processes for SMEs and makes it easier to finance business startups and acquisitions.
- Expanded financing options are provided for fast-growing export companies, including increased support for inventory and working capital.
- The “Vorratsinvest Plus” program allows companies to finance an additional 20% of their average inventory from the past three years.
- The “Exportinvest” program is extended to include financing for business startups and acquisitions, aiming to boost exports and secure jobs in Austria.
Source: bmf.gv.at
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Austria"
- Administrative Court Overturns 2019 VAT Decision for Indoor Playground Services Due to Legal Error
- Austrian Supreme Administrative Court Ruling on VAT for Norwegian Company’s EU Hardware Sales, 2016–2019
- International Raids Uncover Multi-Million Euro VAT Fraud Network in Vienna and Across Europe
- EU-Wide Raids Target Massive VAT Fraud: Millions Involved, Eight Arrested in Vienna Operation
- ECJ Preliminary Ruling Sought on VAT for Free In-Kind Real Estate Transfers in Restructuring
