Austria
- Gen (Genossenschaft; types: Erwerbs- und Wirtschaftsgenossenschaft): ≈ cooperative
- Privatstiftung: ≈ private foundation
- Verein: ≈ nonprofit association
- European business entities
- e.U. (eingetragenes Einzelunternehmen): ≈ sole trader (UK), sole proprietorship (US)
- Kapitalgesellschaften: ≈ companies
- AG (Aktiengesellschaft): ≈ plc (UK). Minimum capital €70,000.
- GmbH (Gesellschaft mit beschränkter Haftung): ≈ Ltd. (UK). Minimum capital €35,000.
- Personengesellschaften: ≈ partnerships
- unincorporated (i.e. unregistered and without legal personality):
- stG (stille Gesellschaft): ≈ partnership by estoppel (i.e., no partnership agreement)
- GesbR (Gesellschaft des bürgerlichen Rechts): ≈ partnership by contract (i.e., formed by partnership agreement); statutes and regulations concerning Austrian companies, especially with regards to the companies register (Firmenbuch), do not apply.
- incorporated (i.e. registered and with legal personality):
- OG (offene Gesellschaft): ≈ general partnership
- KG (Kommanditgesellschaft): ≈ limited partnership
- GmbH & Co. KG: KG in which a GmbH is the general partner.
- unincorporated (i.e. unregistered and without legal personality):
- Obsolete:
- Erwerbsgesellschaft: small-sized partnerships (not qualifying as OG or KG, respectively. Converted into OGs or KGs as of 1. 1. 2007)
- OEG (Offene Erwerbsgesellschaft): small general partnership
- KEG (Kommanditerwerbsgesellschaft): small limited partnership
- Erwerbsgesellschaft: small-sized partnerships (not qualifying as OG or KG, respectively. Converted into OGs or KGs as of 1. 1. 2007)
Read more about this topic: Types Of Business Entity
Famous quotes containing the word austria:
“All the terrors of the French Republic, which held Austria in awe, were unable to command her diplomacy. But Napoleon sent to Vienna M. de Narbonne, one of the old noblesse, with the morals, manners, and name of that interest, saying, that it was indispensable to send to the old aristocracy of Europe men of the same connection, which, in fact, constitutes a sort of free- masonry. M. de Narbonne, in less than a fortnight, penetrated all the secrets of the imperial cabinet.”
—Ralph Waldo Emerson (1803–1882)