COVID-19: Update on new support measures

On 4 April 2020, the Austrian Parliament passed three further legal COVID-19 packages (3rd, 4th and 5th Austrian COVID-19 Acts). These include new legal provisions, as well as clarifications and extensions of the previous COVID-19 Acts. This update provides an overview of the new legal packages in connection with COVID-19 support measures and represents the […]

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COVID-19: Guidelines on Subsidy for Fixed Costs published

On 25 May 2020, the Austrian Ministry of Finance published the guidelines on the fixed cost subsidy as part of the Corona Support Fund. The following update provides an overview of eligibility criteria and the application procedure from 20 May 2020. This article, originally published on 15 May, has been updated and represents the information available to […]

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COVID-19: Support package for start-ups

In mid April, the Austrian federal government presented a COVID package for start-ups. The goal is to support Austrian start-ups that have run into financing and liquidity problems due to the COVID-19 crisis. The COVID start-up package comprises a support fund and a venture capital fund. This article (originally dated 20 April) represents the information […]

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COVID-19: Subsidies and support measures for companies

The Austrian federal government has announced and already introduced subsidies and support measures for companies due to the current coronavirus (COVID-19) outbreak. This article was prepared on the basis of the information available to us on 30 March 2020. On 14 March 2020, the Austrian government presented the COVID-19 crisis response fund amounting to EUR 4bn, which is intended to […]

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