Austrian Banks do no longer support the bank account opening for companies which do not conduct operative business from the beginning. In order to be registered with commercial courts the company has to deposit the share capital with an Austrian bank.
Having stated the above please note that all our Austrian ready made companies have paid the share capital to the notary’s trust account (escrow account). After the transfer of shares the notary will transfer the share capital to the bank account of the company subject to being opened by the new managing director. Alternatively the company can open a bank account in any other country as well.
Upon request we assist you in opening additional bank accounts with other banks for the Austrian ready made company or setting up sub-accounts in other currencies.
Please refer to our transparency terms in order to prepare the process.