Foundations in Austria and features of foundations | How and why Austrian private foundations organized by legal framework

<!DOCTYPE html> <html lang="en"> <head> <meta charset="utf-8"> <meta name="google-site-verification" content="70ikgR0ScxEJUHKllnMhroqhTXd07l0MJ5aRyIqm9Rw" /> <meta name="viewport" content="width=device-width,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no"> <title>Foundations in Austria and features of foundations | How and why Austrian private foundations organized by legal framework</title> <meta name="description" content="The Austrian foundation concept is quite distinct from other European countries and features two legal types of foundations"> <meta http-equiv="Cache-Control" content="no-cache" /> <meta name="revisit-after" content="4 days"/> <link rel="shortcut icon" type="image/x-icon" href="img/favicon.ico" /> <link href="css/norz.css" rel="stylesheet" /> <link href="css/slogold.css?cssver=1" rel="stylesheet" /> <link href="css/subpages.css" rel="stylesheet" /> <link href="css/bootstrap.min.css" rel="stylesheet"> <link href="font-aw-4.3.0/css/font-awesome.min.css" rel="stylesheet"> <link rel="author" href="humans.txt" /> <link href='http://fonts.googleapis.com/css?family=PT+Serif' rel='stylesheet' type='text/css'>    <script src="js/moder-slogold.js"></script> <script src="js/jquery-1.11.2.min.js"></script></head> <body id="page-top"> <img src="img/blur-bg.jpg" class="bg"> <section class="container"> <header id="headpage"> <article class="col-sm-12 col-lg-3 bg-white"> <a href="http://www.slogold.net/"> <img id="logo" src="img/logo-slogold.png" alt="slogold company" /></a> <div class="lang bg-lightbr">  <ul class="br-lightbr"> <li>ENGLISH </li> <li><a href="spanish/fundaciones_en_austria.html">ESPA脩OL</a></li> </ul> </div> </article> <article id="susc" class="block col-xs-6 col-sm-6 col-lg-3 bg-blue"> <a href="http://abacomnet.com/aviaslogoldnews/?p=subscribe&id=3"><p id="letter" class="fa fa-envelope-o"></p> <p class="capi suscrib">Suscribe to our newsletter</p></a> </article> <article id="headcontact" class="col-xs-6 col-sm-6 col-lg-6 bg-blue"> <article class="col-xs-12 col-sm-6 col-lg-6"><p id="phone" class="fa fa-phone-square"></p></article> <article class="col-xs-12 col-sm-6 col-lg-6"> <div class="rollphone"> <p class="showphone skyph capi">Skype: offshore_as</p> <p id="glow" class="showphone touchph capi">Touch to Call us</p> <table class="headphone"> <tr> <td>Skype:</td> <td>sale@slogold.net</td> </tr> <tr> <td>US: </td> <td>415-251-0234</td> </tr> <tr> <td>Panam谩:</td> <td>+507-236-6702</td> </tr> <tr> <td>Telegram, WhatsApp:</td> <td>+506-6366-8137</td> </tr> </table>  </div> <div class="rollphonexpanded"> <ul class="phones"> <li><span class="flag-icon flag-icon-us"></span><a class="capi" href="tel://1-415-513-5780">1-415-513-5780</a></li> <li><span class="flag-icon flag-icon-pa"></span><a class="capi" href="tel://507-236-6702">507-236-6702</a></li> <li><span class="flag-icon flag-icon-cr"></span><a class="capi" href="tel://506-2221-5251">506-2221-5251</a></li> </ul> </div> </article> </article> </header> <nav class="nav-main navbar"> <div id="serving">Serving from 2001</div> <div class="container-fluid"> <div class="navbar-header"> <button type="button" class="navbar-toggle collapsed" data-toggle="collapse" data-target="#navbar" aria-expanded="false" aria-controls="navbar"> <p class="sm-menu capi"><i class="fa fa-th-list"></i> Menu</p> <span class="icon-bar"></span> <span class="icon-bar"></span> <span class="icon-bar"></span> </button> </div> <div id="navbar" class="navbar-collapse collapse"> <ul class="capi nav navbar-nav"> <li><a href="../blockchain.php"><i class="fa fa-btc"></i> Blockchain</a></li> <li><a href="../gambling.php"><i class="fa fa-money"></i> Gambling</a></li> <li><a href="../banking.php"><i class="fa fa-university"></i> Banking</a></li> <li><a href="../financial.php"><i class="fa fa-money"></i> Financial</a></li> <li><a href="../other-services.php"><i class="fa fa-globe"></i> Other</a></li> </ul> </div> </div> </nav> <section id="maintextsub"> <article class="leftsub col-xs-12 col-sm-6 col-lg-7"> <article id="bannersub"><img class="banimg" src="../../img/banners/austrian-company.jpg" alt="Austria foundations" /></article> <ul class="breadcrumb"><li><a href="services-offshore.php">Offshore services |</a> </li><li><a href="offshore_foundations_legal_entity.html">Foundations |</a></li><li><a href="#">Austria foundations |</a></li></ul> <h1 class="tleftsub capi">Foundations in Austria</h1> <p>The Austrian foundation concept is quite distinct from other European countries and features two legal types of foundations: those based on the law for private foundations enacted in 1993 and those based on the law for federal foundations and funds of 1974. Private foundations outnumber federal foundations. While in most European countries foundations are required to pursue a public purpose, the more than 3000 private foundations in Austria can solely follow private purposes without contributing to civil society and welfare production.</p> <p>An Austrian private foundation is a legal entity whose organization and purpose is largely determined by the grantor who provides the assets necessary to fulfill this objective. The private foundation is bound by the intentions of the grantor which are established in the declaration of establishment.</p> <p>The legal framework of the private foundation is regulated in the Private Foundation Act Privatstiftungsgesetz (PSG) 1993. The Austrian private foundation is a legal person. Its structure is characterized by having no shareholder or proprietor, but having beneficiaries instead. The foundation must be domiciled in Austria and entered into the Commercial register.</p> <p>The private foundation may be established for any purpose, for example, for family provisions (family foundation), the support of one or more enterprises or the support of art.</p> <h3>The main advantages of a private foundation are:</h3> <ul class="inlist2"> <li>Adaptation to individual requirements and needs</li> <li>Maintenance of assets for future generations</li> <li>Taxbenefits</li> <li>Avoidance of conflicts regarding the heritage</li></ul> <h3>The main parties of the foundation are:</h3> <ul class="inlist2"> <li>Board of Directors</li> <li>Supervisory Board/Advisory Board (optional)</li> <li>Foundation auditor</li></ul> <p><a href="contact.php" class="btn btn-info btn-lg">Click here to contact us for more information</a></p> <aside id="great" class="social2 "> <ul class="socialnet"> <li class="fb"><a href="https://www.facebook.com/aviaslogoldgroup" class="slico"><i class="fa fa-facebook"></i></a></li> <li class="tw"><a href="https://twitter.com/offshoreoffer" class="slico"><i class="fa fa-twitter"></i></a></li> <li class="pl"><a href="https://plus.google.com/+SlogoldNet" class="slico"><i class="fa fa-google-plus"></i></a></li> <li class="ink"><a href="http://www.linkedin.com/company/avia-and-slogold-group-s.a." class="slico"><i class="fa fa-linkedin"></i></a></li> </ul> </aside> </article> <article class="right col-xs-12 col-sm-6 col-lg-5 bg-white"> <aside class="news bg-darkblue"> <a href="../contact.php"><div id="contside" class="capi ">Contact us <i class="fa fa-whatsapp"></i> </div></a><div class="arrow-left"></div> <header class="haside"> <h2 class="tnews">Hot</h2> <ul class="hotnews rlist"> <li><a href="../gambling-license-licence-for-gaming-poker-lottery-betting-sportbook.html">Offshore Gambling licenses </a></li> <li><a href="../estonia_crypto_license.php">Estonian Crypto License</a></li>  <li><a href="../vanuatu_forex.php">Vanuatu FOREX License</a></li> <li><a href="../bank-for-sale-offshore.php" > BANKS FOR SALE: press now!</a></li> </ul> <h2 class="tnews">Special Offers</h2> <ul class="offers rlist"> <li><a href="../special_offers_offshore_companies.html">Seychelles offshore company from $650</a></li> <li><a href="../special_offers_offshore_companies.html">Belize IBC from $750</a></li> <li><a href="../special_offers_offshore_companies.html">Panama tax exempt company $990</a></li> <li><a href="../panama-residency-visa-requirements.php"> Panama friendly nations visa</a></li> <li><a href="../offers-bank-account-offshore.php">Assisting with bank account opening from $500</a></li> </ul> </header> </aside> <aside class="extranews"> <article class="col-sm-12 col-lg-12" > <a href="../payment-options.php"><img src="img/payment.svg" onerror="this.onerror=null; this.src='../img/payment-options.jpg'" id="payway" alt="methods of payment"></a> </article> <div class="order-prices"> <a href="http://www.slogold.net/order-services-offshore.php">Order Now</a> <a href="http://www.slogold.net/prices-services-offshore.php">Prices</a> </div> <article class="col-sm-12 col-lg-12"> <div id="twitter"><a class="twitter-timeline" href="https://twitter.com/offshoreoffer" data-widget-id="431462025324003328" data-tweet-limit="3">Tweets by @offshoreoffer</a> <script>!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");</script> </div> </article> <article class="col-sm-12 col-lg-12 recextra"><h3>Recent Orders:</h3> <ul class=" offers rlist"><li><a href="panama_offshore_companies_ibc.html">Panama tax exempt companies</a></li><li><a href="seychelles_offshore_companies_ibc.html">Seychelles company with car registration</a></li><li><a href="bank_a.html">Belize corporate bank account</a></li><li><a href="funds.html">Closed mutual fund in BVI</a></li><li><a href="foundations_in_belize.html">Belize foundations </a></li></ul></article> </aside> </article> </section> <footer class="bg-yellow"> <article id="foo1"> <h2 class="hfoo">Do you need help?</h2> <ul class="chatcontact"> <li>SKYPE: sale@slogold.net</li> <li>GTALK: slogold@slogold.net</li> <li>Telegram, Viber, WhatsApp: +506-6366-8137</li> <li><a href="../contact.php">Contact us NOW!</a></li> </ul> </article> <artile>  <nav class="navfooter"> <ul class="foomenu"> <li><a href="../about_us.html">About us</a> </li> <li><a href="../clients_testimonials.html">Testimonials</a> </li> <li><a href="../terms.html">Terms of Service</a> </li> <li><a href="../policy.html">Privacy Policy</a> </li> <li><a href="../frauds_warning.html">Frauds warning</a> </li> <li><a href="../offshore_glossary_dictionary.html">Glossary</a> </li> </ul> </nav> </artile> <artile> <p class="copy">漏 2001 - 2025 Avia and Slogold Group S.A. 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Foundations in Austria and features of foundations | How and why Austrian private foundations organized by legal framework