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* Where your profits climb to the top
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Wilfried Gunka Austrian Business Agency September 2006 Austria Land of Innovation and Gateway to Europe´s Growth Markets
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Austrian Business Agency Official inward investment promotion agency Provides advisory services for foreign investors legal and tax regulations location search 27 expert staff International network
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Facts & Figures Currently more than 4,000 inquiries and 500 projects are being worked on Results 2005 123 companies 217.9 m Euro investment 1,310 jobs created
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Target industries Automotive Environmental and renewable engery IT/Software Life Sciences Mechatronic Tourism
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Business-oriented education Source: World Competitiveness Yearbook 2006 10=Educational system meets the needs of a competitive economy
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Austria – Facts 2006 8.2 m. inhabitants GDP growth: 2.6 % GDP/capita: 27,800 € Inflation: 2.3% Emergence of GDP Agriculture: 1.5% Industry: 30.6 Services: 67.8
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Industrialized country Source: OECD, Eurostat Production sector as percentage of GDP, 2005
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High productivity/Services Source: World Competitiveness Yearbook 2006 GDP (PPP) per person employed in services 2005
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Availability of qualified staff Source: World Competitiveness Yearbook 2006 10=Skilled labor is readily available
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Investor friendly tax system Corporate tax rate: 25% Special group taxation for corporations Attractive allowances for R&D Double taxation treaties
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Moderate corporate tax Quelle: KPMG; Leitner+Leitner Maximum taxation on profits in % (2006 ) (raise planned to 19% in 2007)
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Investment Incentives New technologies/innovative projects R&D SME Training Environmental projects Export financing and guarantees
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Establishing a business in Austria Investor friendly business climate Representative Office (Liaison Office) to carry out market research Limited Company minimum capital: 35,000 €
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Moderate office rents Source: CB Richard Ellis In Euro per m² and year
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Austria: The Heart of Europe and Gateway to the East Ideal access to Central and Eastern European markets Excellent infrastructure Austrian service providers´ Central and Eastern European know- how
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Neighbouring markets Germany: 81,2 m GDP: 1.7% Czech Republic (10,3 m) GDP: +5.4% Exports +12.7% Slovakia (5.4 m) GDP: +6.3% Exports: +13.9% Hungary (10,1 m) GDP: +4.2% Exports: +10.4% Liechtenstein: 0,03 m Switzerland 7,1 m BIP: 1.8% Italy: 58,1 m BIP: 1.3% Slovenia (2,0 m) GDP: +4.0% Exports: +10.0% Croatia (4,5 m) GDP: +4.4% Exports: +10.1% Source: Bank Austria, European Commission forecast 2006 Austria: 8 million GDP: 2.6%
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Extensive Know-how Banks Management consultants Tax experts Advertising agencies Logistics
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Economic and Social Stability Predictable legal system High security Excellent labor relations Euro zone
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High quality of life Source: World Competitiveness Yearbook 2006 Scale: 1-10
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Regional Headquarters More than 300 international companies have their CEE headquarters in Austria – for example: Bank of Tokyo-MitsubishiBenQ Mobile CEE CanonCoca- Cola FedEx Flextronics GoodyearJVC International Kraft Foods Logitech MazdaMc Donald´s MCI Worldcom Minolta Otis Panasonic Samsung Siemens
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Austria One of the most competitive business locations in Europe High stability, low risk Flexible, qualified and motivated workforce Benefit from dynamic, expanding markets Reasonable costs
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Austrian Business Agency In China Ms. Jenny Jia Investment Manager Austrian Consulate General Shanghai E-mail: shanghai@austriantrade.org In Austria Mr. Wilfried Gunka International Director E-mail: w.gunka@aba.gv.at Ms. Daniela Derka Executive Assistant E-mail: d.derka@aba.gv.at www.aba.gv.at
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